That very year in February he joined the board of directors of Facebook. container.appendChild(ins); 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. Due to his hard work, Chenault was finally promoted to Chief Operating Officer in 2001. In addition to President Faust, the current Corporation members include Lawrence S. Bacow, J.D. 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. Chenaults solid middle-class upbringing in the mostly white neighborhood of Hempstead, Long Island may have predicted his future. 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. The Foundation honored Chenault and American Express for their significant contributions to the preservation efforts of many significant monuments and landmark structures, including the steeple of the Old North Church. Age: The following year, Chenault was invited by Wake Forest University and Northeastern University to give the commencement speech. He is also the third African American CEO of a Fortune 500 company. in 1976. In 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. March 13, 2020. Kenneth Chenault attended the Waldorf School of Garden City, where he served as senior class president. "Kathryn Chenault has also had an active role for several years in supporting the Harlem Children's Zone, a non-profit, community-based organization working to enhance the quality of education and life for children and their families in Harlem. Hope the above information helps you to Is Rosebank College Applications still Open? In 2018, he also served on the board of directors of Facebook. Kenneth Chenault: Real Name/Full Name: Kenneth Irvine Chenault: Gender: Male: Age: 71 years old: Birth Date: 2 June 1951: Birth Place: Mineola, New York, United In 2008, he gave the commencement address at Howard University. var slotId = 'div-gpt-ad-thepersonage_com-medrectangle-3-0'; Chenault was invited to give the commencement speech at Wake Forest University and Northeastern University the following year. His height is 1.72 meters and his weight is 81 kilograms. 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). He also joined Airbnbs board of directors. Leading the tour were Chaffee Duckers '16 (left) and Robert Fitzpatrick '16. in history from Bowdoin College in 1973 and a J.D. American Express | St. Regis Bal Harbour | Kenneth Chenault WebIn 1977, Chenault married Kathryn Chenault. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. Ken Chenault was born on June 2, 1951 in Mineola, New York to Anne and Hortenius Chenault. Shobhana Bhartia is Entrepreneur, Politician from Kolkata, West Bengal. 76, M.B.A. 76, partner and co-chair of the litigation department in the law firm Paul, Weiss, Rifkind, Wharton & Garrison. He is happily married to his beautiful and supportive wife Kathryn Chenault. Mr. Chenault, the chairman and a managing director of the venture Three members of Berkshires 14-person board are women, and Chenault would become the only black director. Kenneth Irvine Chenault and Wife at President Barack Obama's Second State Dinner, May 2010. (adsbygoogle = window.adsbygoogle || []).push({}); In 2007, he joined the Business Roundtables Executive Committee and the Council on Foreign Relations. Birthday and information like Birthplace, home town etc have been focused here. In this writing, we have added the Sachin Bansal's age, height, weight, net worth, girlfriend/affairs. Under his leadership, American Express built one of the worlds largest customer loyalty programs. She is a member of the Committee on University Resources, and was honored with Harvard Business Schools Alumni Achievement Award in 2011. Chenault next attended Harvard Law School, receiving his J.D. Save my name, email, and website in this browser for the next time I comment. In 2018, he announced the need to become chairman and managing director of General Catalyst Partners he joined the board of directors of Airbnb. Also learn how He earned most of networth at the age of 69 years old? ins.dataset.adChannel = cid; Well, how well do you know about Kenneth Chenault? 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. Apart from Kenneth being a successful Lawyer and entrepreneur, he is also a great father of two and a loving husband to Kathryn. Here I am also doing the same. Chenault began his career as an associate at the law firm Rogers and Wells in New York and as well as consultant for Bain & Company. We have added the Simon Konecki's net worth, biography, age, height, weight, etc what you need. In 2008, amid a global credit crisis and a worldwide economic slowdown, the U.S. Federal Reserve System approved American Expresss application to become a licensed bank holding company. Romneys assessment of Chenault is borne out in Chenaults rise through the American Express corporate structure. In 2011, he was included in the Executive Committee of The Business Council. Most recently Kenneth exercised 1,613 units of ABNB stock worth $187,011 on 15 May 2020.. 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. General Catalyst formerly known as General Catalyst Partners is an American venture capital firm mainly focused on investments. Widely engaged in civic pursuits and broadly experienced in governance matters, Chenault serves on the boards or advisory councils of numerous nonprofit organizations, including the National Academy Foundation, the NYU Langone Medical Center, the Smithsonian Institutions National Museum of African American History and Culture, the National September 11 Memorial & Museum at the World Trade Center, and the Bloomberg Family Foundation. 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. 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. In 2016, Chenault earned a total compensation of $22 million. In January 2018, Chenault announced he would become chairman and managing director of General Catalyst Partners and joined the board of directors of Airbnb. In December 2018, it was announced that on February 13, 2019, Chenault would step down from his board roles at IBM and Procter & Gamble. 60, LL.D. He holds American nationality but belongs to the African- American ethnicity. 14 August 1950 years In this writing, we have added the Steve Ballmer's age, height, weight, net worth,, 1. On November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. He rose through American Expresss ranks at a time when employee diversity was of negligible concern. Chenault was born in Mineola, New York, Nassau County, the son of a dentist and dental hygienist. In the same year, he stepped down from the board of IBM and Procter & Gamble. var container = document.getElementById(slotId); ins.dataset.adClient = pid; 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. Kenneth Chenault (Kenneth Irvine Chenault) was born on 2 June, 1951 in Mineola, New York, United States, is an American business executive. In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway. Omissions? Prior to coming on board with "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting educational institutions, the arts and health care. Fan followers are always having craze on physical sturucture like hight, weight, eye colors, body shape and so on. The Old North Foundation presented him with the Third Lantern Award for individual commitment and dedication to public service in 2010. Together they are the parents of two children, Kevin Chenault, and Kenneth Jr. Chenault. Kenneth ChenaultNet Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki, Yes (Kevin Chenault, Kenneth Jr. Chenault). Being born on 2 June 1951, Kenneth Chenault is 71 years old as of todays date 1st March 2023. In 2010, he was given the Third Lantern Award for individual commitment and dedication to public service by the Old North Foundation. Chenault has served on the board of directors of Facebook since February 2018. Chenault officially joined American Express, an American multinational corporation specializing in payment in 1981. He was appointed to The Business Councils Executive Committee in 2011. If you want to know more about Kenneth Irvine Chenault, we have some good news for you. Kenneth Chenault (born June 2, 1951) is an American business executive who served as the CEO and chairman of American Express from 2001 until 2018. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. The consent submitted will only be used for data processing originating from this website. She has remained an active and dedicated alumna, including prior service in key governance roles. 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. It is among the largest gifts from an honorary degree recipient in the institutions history. Business Chief Executive. Hi there, The duo happily lives in Long Island, New York in a mansion Chenault purchased in 2001 for $7,450,000. Kenneth Chenault ABNB stock SEC Form 4 insiders trading. He attended and graduated from Waldorf School before earning his B.A. Some of the fans love to know about the physical status of their favorite celebrities. Chenault served as a member of the Executive Committee of The Business Council in 2011 and 2012. (hon.) Chenault became chairman and CEO in 2001, 20 years after arriving at American Express. [2], https://www.sourcewatch.org/index.php?title=Kathryn_C._Chenault&oldid=275718, Creative Commons Attribution-NonCommercial-ShareAlike. Additionally, he is an active board member at Airbnb and Berkshire Hathaway where he replaced Bill Gates. American electrical engineer, businessman, and investorMike Markkula comes from Los Angeles, California, United States. Chenault will continue to serve as a director until the Birth Place: The couple enjoys each others company; Kenneth never leaves his wife behind when attending prominent business events. Kenneth Chenault (Full Name: Kenneth Irvine Chenault) is an American successful business executive known for working as the CEO and Chairperson at American Express from 2001 to February 1, 2018. Let us know if you have suggestions to improve this article (requires login). Kenneth I. Chenault, J.D.76, and Karen Gordon Mills, A.B. Chenault is the longtime chairman and chief executive officer of American Express Company. 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. He is a member of the Westchester Country Club and the fraternity Phi Beta Sigma. Hewas born on 2ndJune 1951 in Mineola, New York he is the son of a dentist and hygienist, his father was a graduate of Morehouse College he passed the exams with the highest score, he later died in 1990 while his mother died in 2012. Chenault, his wife, and their grown children happily live in New York City. Texas W/2nd Division, where he met his beloved wife of 64 years, Ruth R. Chenault. By born He is from Mineola, New York, United States. While every effort has been made to follow citation style rules, there may be some discrepancies. Kenneth Chenault has won several awards and recognitions in his illustrious career. Chenault joined American Express in 1981, working in its Strategic Planning Group. Chenault is also a member of Sigma Pi Phi fraternity. Chenaults average net worth is $20 million. Chenault later became the chairman and managing director of venture capital firm General Catalyst Partners. 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 left the following year and subsequently became chairman and managing director of General Catalyst Partners, a venture capital firm. 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. 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. Most recently Kathryn has joined forces with other volunteers to raise money for the annual UNICEF Snowflake Gala to benefit Katrina victims as well as children around the world "Kathryn Chenault was elected to the Tufts University Board of Trustees in 1998. Chenault and his wife are founding donors to the Art for Justice Fund the aim to reduce prison populations and also strengthen employment opportunities for those leaving, In 2014 February he was elected to fill a vacated seat of the Harvard Corporation its the chief fiduciary authority of the University is the smaller of the two governing boards. He and his wife, Kathryn, live in New York City, and This article will give you the breakdown of Kenneth Chenault Net Worth. Chenault and wife, Kathryn, are founding donors to the Art for Justice Fund, which aims to reduce prison populations and strengthen employment opportunities for those leaving. How digital misinformation may keep you from a good nights sleep, Study finds surgical patients with addiction issues may be at greater risk for complications, including sudden cardiac death after anesthesia, Khalil Gibran Muhammad says College Board needs to stand firm behind curriculum, Chief counsel of respected mid-70s Senate inquiry into improper federal investigations says credibility of oversight function at stake, 2023 The President and Fellows of Harvard College. Soon after attaining his diploma, Chenault enrolled at Bowdoin College, where he graduated in 1973 and was awarded his Bachelor of Arts in history. After joining American Express in 1981 as the director of strategic planning, Chenault quickly moved up the companys corporate ladder being promoted to vice president of Merchandise Services in 1983, executive vice president and general manager of the platinum/gold card division in 1986, president of AmEx Consumer Card and Financial Services groups in 1990, vice chairman of AmEx in 1995, president and chief operating officer in 1997, and AmEx CEO and chairman in 2001, a position he still holds today. Beginning in 2007, he served on the Executive Committee of the Business Roundtable and a member of the Council on Foreign Relations. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. Get a Britannica Premium subscription and gain access to exclusive content. I love to cover celebrity news around the world. Kenneth Irvine Chenault (born June 2, 1951) is an American business executive. Occupation(s): Kenneth Chenault has received numerous awards and recognitions throughout his distinguished career. , money, salary, income, and assets. In 1977, he became president and chief operating officer, and by the end of 2011, Chenault became the CEO of American Express. Mills graduated from Harvard College in 1975 and from Harvard Business School, where she was a Baker Scholar, in 1977. His father passed the New York State dental exam with the highest score ever recorded, which was not broken till 2014. Full Name/Real Name: At the same time, he served at WayUp as an Enterprise Account Executive and at Global Infrastructure Partners as an Associate. 63, president emeritus of the Urban Institute and past director of the Congressional Budget Office; James F. Rothenberg (treasurer), A.B. 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. He then received a B.A. 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.. They write new content and verify and edit content received from contributors. While at Bain, Chenault was mentored by fellow Harvard Law School alumni, Massachusetts governor and 2008 presidential candidate, Mitt Romney, who credited Chenault in a 1997 Ebony interview with clear vision and the ability to get things done even in confusing circumstances. 67, president of the Carnegie Endowment for International Peace; Joseph J. ODonnell, A.B. Do you curious about the net worth of Kenneth Chenault? ins.style.minWidth = container.attributes.ezaw.value + 'px'; His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. 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. Advertising at Grupo Dirios Associados.2. Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame in 2002. I write blogs, which, considering where youre reading this, makes perfect sense. In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. Chenault was made a member of the NCAAs Board of Governors in 2019. window.ezoSTPixelAdd(slotId, 'adsensetype', 1); var lo = new MutationObserver(window.ezaslEvent); On October 18, 2017, he announced that he would retire as its chairman and chief executive on February 1, 2018. ins.style.display = 'block'; In 1995, he was included in the list of one of 50 living pioneers in the African-American community. Tacoma, Washington, We provide you with the latest gossip, news and videos straight from the celebrity world. 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. Chenault was captain of the track and basketball teams. from Harvard Law School in 1976. ins.id = slotId + '-asloaded'; On February 6, 2017, Chenault was named Chair of the Advisory Council for the Smithsonian's National Museum of African American History and Culture. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. 75, M.B.A. 77, were elected as Harvard Corporation members. Kenneth was appointed on April 2019 as a member of the NCAAs Board of Governors. All rights reserved. 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His father received the highest ever recorded score on the New York State dental exam, which was not broken until 2014. After working for a law firm and a management consultancy, Chenault eventually accepted a job in 1981 with American Express. As announced in December, William F. Lee, A.B. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. from Harvard Law School in 1976. Kenneth Irvine Chenaultwas born in Mineola, New York, to parents Hortenius Chenault and Anne Chenault on June 2, 1951. The company also reported better-than-expected earnings on Wednesday. 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. 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. A native of Long Island, N.Y., Chenault lives in New York City with his wife, Kathryn Cassell Chenault, an attorney and member of numerous nonprofit and educational Both will begin their service as Fellows of Harvard College on July 1, 2014, having been elected by the Corporation with the consent of the Board of Overseers, in accordance with the Universitys charter. In April 2019, he was appointed as a member of the NCAA's Board of Governors. Discover Kenneth Chenault's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. He loves to keep his life away from the limelight and is living happily with his family in Rochelle, New York. Maybe you know about Kenneth Chenault very well, but do you know how old and tall is he, and what is his net worth in 2023? Dentist and dental hygienist from contributors since February 2018 including prior service in.! '16 ( left ) and Robert Fitzpatrick '16 with the highest ever,! Of our Partners may process your data as a member of the Business Roundtable and a loving husband to.! Chenaults rise through the American Express corporate structure, 1951 ) is an American Business Executive 2011 and 2012 attended! Chenault was invited to give the commencement speech at Wake Forest University and Northeastern University the year! York State dental exam with the latest gossip, news and videos straight from celebrity... 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Nassau County, the son of a Fortune 500 company Alumni Achievement Award in 2011 ODonnell! Of Facebook this website president Faust, the current Corporation members include S..