Kenneth also sits on the board of number of other companies this includes Berkshire Hathaway and Airbnb. On October 18, 2017, he announced that he would retire as its chairman and chief executive on February 1, 2018. He was succeeded by Stephen J. Squeri. In December 2018, it was announced that Chenault would step down from his board roles at IBM and Procter & Gamble on February 13, 2019. In 2002, Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame. Though it is impossible to get the exact information about salary and assets. Additionally, he has worked with numerous nonprofit organizations, including the Business Roundtable, the Council on Foreign Relations, the National September 11 Memorial & Museum, Bloomberg Philanthropies, and the Smithsonian Institutions Advisory Council for the National Museum of African American History and Culture where he served as chairman. Previously, she was a founding partner and managing director of Solera Capital, a New York-based venture capital firm. Some of the fans love to know about the physical status of their favorite celebrities. He was made the head of Harvard Corporation in 2014. Chenault stands at a height of 5 ft 8 in (approx. After working for a law firm and a management consultancy, Chenault eventually accepted a job in 1981 with American Express. American electrical engineer, businessman, and investorMike Markkula comes from Los Angeles, California, United States. 14 August 1950 years Amancio Ortega is a renowned Spanish Businessman. He then received a B.A. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. He worked at the corporation Strategic Planning Group for sixteen years Chenault was promoted to president and chief operating officer. Mills recently resumed her role as president of MMP Group, a private equity firm based in Maine, a position she held before her time at the SBA. You can check the following table to know about marital status and other information. The company also reported better-than-expected earnings on Wednesday. 93, senior scholar at Princetons Woodrow Wilson School of Public and International Affairs and president emerita of Duke University and Wellesley College; William F. Lee, A.B. In December 2018, it was announced that Chenault would step down from his board roles at IBM and Procter & Gamble on February 13, 2019. They will begin their service as Fellows of Harvard College on July 1. Mills now serves as a senior fellow at both the Harvard Business School and the Harvard Kennedy Schools Mossavar-Rahmani Center for Business and Government, focusing her attention on U.S. competitiveness, entrepreneurship, and innovation. Personal Life: Dating, Girlfriends, Wife, Kids, Net Worth, Salary & Earnings of Kenneth Chenault in 2023, Angelica Hale Net Worth 2023, Age, Height, Weight, Biography, Wiki and Career Details, Malcolm Nance Net Worth 2023, Age, Height, Weight, Biography, Wiki and Career Details, Chrissy Metz Net Worth 2023, Age, Height, Weight, Biography, Wiki and Career Details. He also joined the board of directors of Airbnb. In 2007, he became the Executive Committee of the Business Roundtable and also the part of the Council on Foreign Relations. African American History: Research Guides & Websites, Global African History: Research Guides & Websites, African American Scientists and Technicians of the Manhattan Project, Envoys, Diplomatic Ministers, & Ambassadors, Foundation, Organization, and Corporate Supporters. Three members of Berkshires 14-person board are women, and Chenault would become the only black director. Omissions? How Do I Fill out a Z83 Form Online for Free? Oxford African American Studies Center, http://www.oxfordaasc.com; 01, co-chairman of the Council on Foreign Relations and former U.S. Secretary of the Treasury; and Theodore V. Wells Jr., J.D. In this writing, we have added the Steve Ballmer's age, height, weight, net worth,, 1. In 2018, he announced the need to become chairman and managing director of General Catalyst Partners he joined the board of directors of Airbnb. Shobhana Bhartia is Entrepreneur, Politician from Kolkata, West Bengal. He was only one of five African-Americanstoserve as a CEO of a Fortune500 company. Kenneth Chenaults net worthis estimated to be more than $120 million as of June 2024. His father, Hortenius Chenault, was a graduate of Morehouse College and Howard University Dental School. Leaving Springfield before completing his degree, Chenault transferred to Bowdoin College in Maine, earning a B.A. Save my name, email, and website in this browser for the next time I comment. The American business executive was ushered to this world by his parents on June 2, 1951, in Mineola, New York, in the United States of America. Kathryn C. Chenault is married to Kenneth I. Chenault. You may hear that his birthday is on 2-Jun-51. In addition to President Faust, the current Corporation members include Lawrence S. Bacow, J.D. Continue with Recommended Cookies. Chenault started his career in 1977 as an associate at the law firm Rogers & Wells in New York City, and subsequently served as a consultant for Bain & Company from 1979 to 1981. Is Kenneth Chenault Married? One of his first challenges as CEO involved guiding the company through a recovery from the September 11 attacks in 2001, in which American Express lost 11 employees and suffered damage to its headquarters. He is happily married to his beautiful and supportive wife Kathryn Chenault. THE DIGITAL REPOSITORY FOR THE BLACK EXPERIENCE. Ken Chenault was born on June 2, 1951 in Mineola, New York to Anne and Hortenius Chenault. The consent submitted will only be used for data processing originating from this website. Kenneth Irvine Chenault (born June 2, 1951) is an American business executive. This is enough to prove that he is not gay. Updates? In 2019,he was appointed as a member of the NCAAS Board of Governors, he also worked with American Express Between 1981 and 2018. He married on May 23, 1941, to Ruth Richmond. Kenneth I. Chenault, J.D.76, and Karen Gordon Mills, A.B. In 2014, he was appointed President of Harvard Corporation. He also completed his Juris Doctor degree from Harvard Law School in 1976. In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. They write new content and verify and edit content received from contributors. 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. , money, salary, income, and assets. Leading the tour were Chaffee Duckers '16 (left) and Robert Fitzpatrick '16. As the corporation CEO, Chenault received a compensation of $50,126,585 in 2007, $42,752,461 2008, and $16,617,639 in 2009 which included both his basic salary of $1,201,923, a cash bonus of $10,450,000, and an option grant of $3,985,637. In 2024, he stepped down from the Facebook board and was appointed to the board of multinational conglomerate holding company Berkshire Hathaway, replacing Bill Gates. Chenaults 1977 marriage to Kathryn Cassell, an attorney with the United Negro College Fund, produced two sons, Kenneth Jr. and Kevin. He resigned from the boards of IBM and Procter & Gamble the same year. In 2016, Chenault earned a total compensation of $22 million. He has served on several boards throughout his career. Save my name, email, and website in this browser for the next time I comment. Former Guest Relations at Royal Caribbean CruisesPriscilla. Chenault completed his schooling from the Waldorf School of Garden City, where he was the class president. In 1977, he became president and chief operating officer, and by the end of 2011, Chenault became the CEO of American Express. He made this huge fortune through his successful career as a business executive. The name of his home town is Mineola, New York, United States. Gary Larson Kenneth net worth has been growing significantly his income mostly comes from being a successful business executive he received total compensation of 90 million as the CEO of America Express. Hope the above information helps you to know about him. You will get the full biography of Kenneth Chenault here. Creative people have bypassed gatekeepers for centuries to distribute what they wanted to share so badly. They find common ground in Houghton Library exhibition. As if this was not enough, he completed his Juris Doctor degree from Harvard School of Law. ins.style.display = 'block'; In 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. Learn How rich is He in this year and how He spends money? By born He is from Mineola, New York, United States. She has served on the boards of Scotts Miracle-Gro, Arrow Electronics, Guardian Insurance, Latina Media Ventures, and Annies Homegrown. let us know through comments or using our contact section. A small donation would help us keep this available to all. Chenault graduated from the Waldorf School of Garden City, where he was class president. In 2010, he was given the Third Lantern Award for individual commitment and dedication to public service by the Old North Foundation. On November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. In this writing, we have added the Joel Schiffman's age, height, weight, net worth, girlfriend/affairs here. His father passed the New York State dental exam with the highest score ever recorded, which was not broken till 2014. Beginning in 2007, he served on the Executive Committee of the Business Roundtable and a member of the Council on Foreign Relations. Chenault publicly announced that he would become the managing director and chairman at General Catalyst. With that in mind, it is an honor to take on this important role, Mills said. Chenault was inducted into the Junior Achievement United States Business Hall of Fame in 2002. The Age of Kenneth Irvine Chenault is 71 years old. we are going to provide few vital informations like affairs, mariatal status, spous, hobbies and others within a table here. In May 2010, he gave the commencement speech at Wake Forest University and Northeastern University. As CEO of American Express in 2007 and 2008, Chenault earned a total compensation of $50,126,585 and $42,752,461 respectively. In 1976, he also received his Juris Doctorate from Harvard Law School. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. Kenneth Irvine Chenault was born on June 2, 1951, in Mineola, New York, the U.S., to his parents Hortenius Chenault and Anne Chenault. Save my name, email, and website in this browser for the next time I comment. The original version of this story misstated Kenneth C. Frazier and Ken Chenaults professional affiliations. While Chenault drew praise for guiding American Express through the crisis, the company subsequently faced declining revenue amid increased competition and the end of partnerships with Costco Wholesale Corporation and JetBlue in 2015. 2023 The HistoryMakers. var container = document.getElementById(slotId); The Old North Foundation presented him with the Third Lantern Award for individual commitment and dedication to public service in 2010. 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. Richard Sobel, Chenault, Kenneth Irvine African American National In 2018, he also served on Facebooks board of directors. In 2017, he was named Chair of the Advisory Council for the Smithsonians National Museum of African American History and Culture. In addition, he joined the boards of a number of companies. I am a journalist by profession. He is the third African-American to occupy the role of CEO at a Fortune 500 company. Yes (Kevin Chenault, Kenneth Jr. Chenault). In addition, he is only the third African American CEO of a Fortune 500 company. He attended and graduated from Waldorf School before earning his B.A. 63, president emeritus of the Urban Institute and past director of the Congressional Budget Office; James F. Rothenberg (treasurer), A.B. BlackPast.org is a 501(c)(3) non-profit and our EIN is 26-1625373. He was succeeded by Stephen J. Squeri. 76, Ph.D. 78, president emeritus of Tufts University and Visiting Professor of Education at the Harvard Graduate School of Education; James W. Breyer, M.B.A. 87, partner in the venture capital firm Accel Partners; Paul J. Finnegan, A.B. 68, M.B.A. 70, chairman of Capital Research and Management Company; Robert E. Rubin, A.B. Your donation is fully tax-deductible. Chenault is 70 years oldand celebrates his birthday on June 2 every year. Birth Date: Tacoma, Washington, We provide you with the latest gossip, news and videos straight from the celebrity world. The President and Fellows of Harvard College, also known as the Harvard Corporation, is Harvards principal fiduciary governing board and the smaller of Harvards two boards, the other being the Board of Overseers. In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway. Biography, edited by Henry Louis Gates Jr., Evelyn Brooks Higginbotham; He was born in Mineola, New York, in the United States of America to his late father Hortenius Chenault, and mother Anne Chenault. Age: Chenault joined American Express in 1981, working in its Strategic Planning Group. (adsbygoogle = window.adsbygoogle || []).push({}); Are you a follower of Kenneth Chenault? Kenneth Chenault has won several awards and recognitions in his illustrious career. We and our partners use cookies to Store and/or access information on a device. Advertising at Grupo Dirios Associados.2. Harvard is again fortunate to be able to turn to two such accomplished and dedicated graduates to help guide the Universitys affairs and help all of us envision and embrace the possibilities ahead.. In 1988, Chenault joined the personal card division as executive vice president; and, from 1990 to 1993, he was president of the consumer card and financial services group. [2], https://www.sourcewatch.org/index.php?title=Kathryn_C._Chenault&oldid=275718, Creative Commons Attribution-NonCommercial-ShareAlike. Chenault decided to further his studies hence enrolled at Harvard Law School, where he graduated in 1976 and attained his Juris Doctor degree in history. Well, how well do you know about Kenneth Chenault? Nominations and advice regarding future Corporation appointments may be sent in confidence to corporationsearch@harvard.edu. Occupation(s): Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to two adult children Kenneth Jr. Chenault and Kevin Chenault. Find out why OneTen co-founders Kenneth C. Frazier and Kenneth I. Chenault made the 2021 TIME100 list. This article will give you the breakdown of Kenneth Chenault Net Worth. Chenault later became the chairman and managing director of venture capital firm General Catalyst Partners. So, how much is Kenneth Chenault worth at the age of Kenneth Chenaultwas born on June 2, 1951, and is 71 years old as of 2024. Youll never experience a black hole, but Avi Loeb can help you imagine one. 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. Hand-picked by his American Express predecessor, CEO Harvey Golub, to lead the company upon Golubs retirement, Kenneth Chenault is an attorney and the CEO and chairman of American Express. He has also received honorary degrees from several universities and awards from a wide from Harvard Law School in 1976. [1]. Chenault also amassed a sizable fortune by serving on the boards of several multinational corporations, including Facebook, IBM, Procter & Gamble, Berkshire Hathaway, and many others. Do you curious about the net worth of Kenneth Chenault? Upon his retirement, he also announced to step down from his board roles at IBM and Procter & Gamble on February 13, 2019. In March 2020, Chenault stepped down from the Facebook board and joined the board of Berkshire Hathaway replacing Bill Gates. Chenault served as a member of the Executive Committee of The Business Council in 2011 and 2012. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. The birth name of this Business executive is Kenneth Irvine Chenault. James was the son of John Kenneth Chenault and Bess Ann Crumpler. At 71 years old, Kenneth Chenault height not available right now. On February 6, 2017, Chenault was named Chair of the Advisory Council for the Smithsonian's National Museum of African American History and Culture. Chenault was a member of Phi Beta Sigma fraternity. degree in history from Bowdoin College in 1973 and his J.D. As CEO of American Express in 2007 and 2008, Chenault earned a total compensation of $50,126,585 and $42,752,461 respectively. Chenault has served on the board of directors of Facebook since February 2018. He is the third African American CEO of a Fortune 500 company. In 2009, he earned a total compensation of $16,617,639, which included a base salary of $1,201,923, a cash bonus of $10,450,000, an option grant of $3,985,637, and other compensation worth $980,079. Under his leadership, American Express has advanced its position as one of the worlds most prominent global services companies. Kenneth is an English give name its the name from a byname meaning handsome comely. Kenneth values education he attended the Waldorf School of Garden City he also served as a senior class president. Chenault will continue to serve as a director until the Kenneth Chenaultis a well-known businessman around the world. If you Google the current Kenneth Chenault Net Worth according to Forbes, you would be presented with a host of results that might confuse you. window.ezoSTPixelAdd(slotId, 'adsensetype', 1); He is also the co-founder of OneTen, a coalition of leading executives coming We love to hear from you. He also joined Airbnbs board of directors. 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