A small donation would help us keep this available to all. He then joined American Express Companys strategic planning group, also serving as vice president and then senior vice president in the American Express Travel Related Services Company. Chenault has served on the board of directors of Facebook since February 2018. Photo by Dwight Carter; photo courtesy of Karen Gordon Mills. In 2007, he joined the Business Roundtables Executive Committee and the Council on Foreign Relations. Therefore, Chenault is 70 years old. Nothing comes so easy what you give is what you receive Kenneth is one of the most renownedbusinessmen in the world through his hard work he has being considered an inspiration for the upcoming young businessmen and entrepreneurs. His height is 1.72 meters and his weight is 81 kilograms. Youll never experience a black hole, but Avi Loeb can help you imagine one. This page was last edited on 24 November 2007, at 05:25. He is the third African American CEO of a Fortune 500 company. The following year, he received total compensation of $10 million, including a $2 million base salary, a $1 million cash bonus, and a $3 million option grant. Hope the above information helps you to Chenault also made a significant part of his wealth by serving on the boards of several multinational companies like Facebook, IBM, Procter & Gamble, Berkshire Hathaway, and many more. Chenault and his wife are also founding donors of the Art for Justice Fund. A former member of the governing boards Joint Committee on Inspection, she is also past chair of the Committee to Visit Harvard Business School, as well as a past member of the visiting committees for the then-Division of Engineering and Applied Sciences, for the Department of Chemistry and Chemical Biology, and for Information Technology. He started his career as an associate and made his way to the CEO of American Express through his dedication, hard work and passion. He is an emerging Business executive at present. His father was a dentist and hygienist who attended Morehouse College and Howard University Dental School. As of March 2023, Kenneth Chenault has an estimated net worth of more than $120 million. In this writing, we have added the Sachin Bansal's age, height, weight, net worth, girlfriend/affairs. Announcing the appointments, Reischauer and President Drew G. Faust said: Ken Chenault is one of the nations most respected executives, someone whos widely engaged in civic and nonprofit pursuits and who will bring remarkable leadership qualities and a global perspective to the Corporations work. In 2003, however, a federal appeals court upheld a lower court ruling that required MasterCard and Visa to eliminate their prohibitory rules. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Manage Settings Chenault joined American Express in 1981, working in its Strategic Planning Group. Kenneth Chenault is a well-known business executive from America who was the CEO and Chairman of American Express for eighteen years (2001-2018). WebThen, as the world looked on at the atrocities and racial disparity happening in the United States, the Chenault brothers and their four co-founders, Carter Lewis (MBA 2023), Lindsey Ferguson, Nicolle Mora, and Sesana Allen, found themselves in deep discussions about how they could help solve a centuries old problem once again brought to the He delivered the commencement address at Howard University in 2008. Early in her career, she was a consultant for McKinsey & Company and a product manager for General Foods. Later, Chenault became the chairman and MD of venture capital firm General Catalyst Partners. Well, how well do you know about Kenneth Chenault? In addition, he is only the third African American CEO of a Fortune 500 company. If not much, here is what we know about Kenneth Chenault to date. In this writing, we have added the Steve Ballmer's age, height, weight, net worth,, 1. var container = document.getElementById(slotId); 1.72m). Chenault began his career as an associate at the law firm Rogers & Wells (19771979) in New York City, and as a consultant for Bain & Company (19791981). In 1981, he joined American Express as a member of the Strategic Planning Group. Biography, edited by Henry Louis Gates Jr., Evelyn Brooks Higginbotham; lo.observe(document.getElementById(slotId + '-asloaded'), { attributes: true }); Do you have an interest in the Kenneth Irvine Chenault age? In February 2018, Chenault retired as the chairman of American Express and was succeeded by Stephen J. Squeri. Though, he is 5 8 in feet and inches and 172 cm in Centimetres tall, he weighs about 178 lbs in Pound and 81kg in Kilograms. She is a member of the Committee on University Resources, and was honored with Harvard Business Schools Alumni Achievement Award in 2011. The following year, he earned a total compensation of $10 million with a base salary of $2 million, a cash bonus of $1 million, and an option grant of $3 million. Richard Sobel, Chenault, Kenneth Irvine African American National Kenneth Chenaults net worthis estimated to be more than $120 million as of June 2024. WebIn 1977, Chenault married Kathryn Chenault. Kenneth Chenault, in full Kenneth Irvine Chenault, (born June 2, 1951, Mineola, New York, U.S.), American businessman and one of the first African Americans to become the chief executive officer (CEO) of a Fortune 500 firm, the American Express Company; he served as its CEO from 2001 to 2018. let us know through comments or using our contact section. He attended and graduated from Waldorf School before earning his B.A. You will get the full biography of Kenneth Chenault here. Hi there, Updates? In January 2018, Chenault announced he would become chairman and managing director of General Catalyst Partners and joined the board of directors of Airbnb. He went on to Bowdoin College, where he received his B.A. Kenneth began his civic activities on November 2010 Old North Foundation recognized him with Third Lantern Award for individual dedication to public service. Occupation(s): In May 2010, he gave the commencement speech at Wake Forest University and Northeastern University. He then received a B.A. Mills graduated from Harvard College in 1975 and from Harvard Business School, where she was a Baker Scholar, in 1977. Karen Mills has ably led a major federal agency through a time of challenge and change, and she has served Harvard and Radcliffe with distinction and devotion in a series of important governance roles. As a firm with more than 100 years of history, American Express risked relying too heavily on its past success and was slow to engage its competitors, but Chenault implemented strategies that revived the firm in an era of cutthroat competition among credit- and charge-card issuers. 76, M.P.P. The largest trade Kenneth's ever made was exercising 960,000 units of Airbnb Her tireless commitment to the welfare of young people is demonstrated numerous times through scholarship funds and mentoring programs she has helped develop with various organizations. BlackPast.org is a 501(c)(3) non-profit and our EIN is 26-1625373. Chenault is the longtime chairman and chief executive officer of American Express Company. This article was most recently revised and updated by, https://www.britannica.com/biography/Kenneth-Chenault, Blackpast.org - Biography of Kenneth Irvine Chenault, African American Registry - Biography of Kenneth Chenault, Emergency Economic Stabilization Act of 2008. in history in 1973. Chenault will continue to serve as a director until the He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. The birth name of this Business executive is Kenneth Irvine Chenault. Ken Chenault was born on June 2, 1951 in Mineola, New York to Anne and Hortenius Chenault. from Harvard Law School in 1976. Chenault is 70 years oldand celebrates his birthday on June 2 every year. 67, M.B.A. 71, chairman of Centerplate Inc.; Robert D. Reischauer (senior fellow), A.B. Other than their mansion on Long Island they own several homes in different cities including New Rochelle. His father passed the New York State dental exam with the highest score ever recorded, which was not broken till 2014. var ins = document.createElement('ins'); "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting educational institutions, the arts and health care. They have three sons, William, Henry, and George, who is currently a junior at Harvard. Amancio Ortega is a renowned Spanish Businessman. We have estimated He began his career as an associate and worked his way up to the position of CEO of American Express through hard work, dedication, and passion. In that role, she was a member of the presidents National Economic Council, led a federal agency of more than 3,000 employees, and managed a loan guarantee portfolio of nearly $100 billion while also assuring that nearly a quarter of U.S. government prime contracts were awarded to small businesses. Kenneth Chenault attended the Waldorf School of Garden City, where he served as senior class president. Do you find this information helpful? Discover today's celebrity birthdays and explore famous people who share your birthday. You may hear that his birthday is on 2-Jun-51. Kenneth has received numerous awards he was included in the list of one of 50 living pioneers in Africa-America community He has done so well in 2010 he was given the Third Lantern Award for individual commitment and dedication to public service by the Old North Foundation, Kenneth was named Chair of the Advisory Council for the Smithsonians. Tacoma, Washington, We provide you with the latest gossip, news and videos straight from the celebrity world. In that capacity she presently serves on various boards including the Studio Museum of Harlem, the Alvin Ailey American Dance Theater, the Ethical Culture Fieldston School, Bard College Center for Curatorial Studies, Sound Shore Medical Center of Westchester, and Kids of NYU Medical Foundation. in history from Bowdoin College in 1973 and a J.D. Chenault was made a member of the NCAAs Board of Governors in 2019. Discover Kenneth Chenault's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. The Art for Justice Fund already has the support of heavyweight art collectors like Whitney Museum chairwoman Laurie M. Tisch, American Express chairman Kenneth 01, co-chairman of the Council on Foreign Relations and former U.S. Secretary of the Treasury; and Theodore V. Wells Jr., J.D. He also serves on the executive committee of the Business Roundtable, as a member of the Business Council, and on the boards of both IBM and The Procter & Gamble Company. 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