I love to cover celebrity news around the world. 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. var cid = '1287979051'; Save my name, email, and website in this browser for the next time I comment. The name of his home town is Mineola, New York, United States. You may hear that his birthday is on 2-Jun-51. We will update Kenneth Chenault's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Oxford African American Studies Center, http://www.oxfordaasc.com; 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. Kenneth Chenaultis a well-known businessman around the world. Chenault has served on several boards throughout his career. His father, Hortenius Chenault, was a graduate of Morehouse College and Howard University Dental School. Though it is impossible to get the exact information about salary and assets. On October 18, 2017, Chenault announced that he would retire from his duties as a chairman and chief executive at American Express on February 1, 2018. He has served on several boards throughout his career. The Old North Foundation presented him with the Third Lantern Award for individual commitment and dedication to public service in 2010. In 1995, he was included in the list of one of 50 living pioneers in the African-American community. This article will give you the breakdown of Kenneth Chenault Net Worth. In 1981, he joined American Express as a member of the Strategic Planning Group. 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. He attended Waldorf School, where he was the senior class president. She is credited with having guided the SBA through a period of significant renewal and change in the aftermath of the global economic crisis that unfolded in 2008-09, including efforts that supported two record years for SBA-backed lending to small business. Later, Chenault became the chairman and MD of venture capital firm General Catalyst Partners. He has American citizenship. His net worth has been growing significantly in 2021-2022. ins.dataset.adChannel = cid; A small donation would help us keep this available to all. The nickname is Kenneth Chenault. 68, M.B.A. 70, chairman of Capital Research and Management Company; Robert E. Rubin, A.B. var container = document.getElementById(slotId); In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway. 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. Im honored to be returning to Harvard and joining the Corporation, said Chenault. ins.style.minWidth = container.attributes.ezaw.value + 'px'; 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. [1]. By born He is from Mineola, New York, United States. 2023 The HistoryMakers. As announced in December, William F. Lee, A.B. BlackPast.org is a 501(c)(3) non-profit and our EIN is 26-1625373. The company also reported better-than-expected earnings on Wednesday. Beginning in 2007, he served on the Executive Committee of the Business Roundtable and a member of the Council on Foreign Relations. In the same year, he stepped down from the board of IBM and Procter & Gamble. "Kathryn Chenault has often been recognized by civic and community organizations for her endless volunteer efforts and philanthropic support. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. If there are any wrong information. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Kenneth Chenault General Catalyst, Bio, Wiki, Age, Height, Apart from Kenneth being a successful Lawyer and entrepreneur, he is also a great father of two and a loving husband to Kathryn. 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. She currently serves on the Academic Affairs Committee, the Committee on Trusteeship, and the Board of Overseers for the School of Dental Medicine." Kenneth Chenault has won several awards and recognitions in his illustrious career. in history from Bowdoin College in 1973 and a J.D. "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting educational institutions, the arts and health care. Chenault married his wife Kathryn Chenault in 1977. Chenault graduated from the Waldorf School of Garden City, where he was class president. Photos by Jon Chase/Harvard Staff Photographer; Melanie Rieders, Level of cannabis use could determine post-op outcomes, Historian says Fla. dispute shows why AP class in African American studies is needed, Why Church Committee alums urged new House panel to avoid partisanship, Kenneth Chenault and Karen Gordon Mills to join Harvard Corporation, One small step toward understanding gravity, Nothing that is not there and the nothing that is. Chenaults solid middle-class upbringing in the mostly white neighborhood of Hempstead, Long Island may have predicted his future. Kathryn C. Chenault is married to Kenneth I. Chenault. In 2008, he gave the commencement address at Howard University. Together they are the parents of two children, Kevin Chenault, and Kenneth Jr. Chenault. He rose through American Expresss ranks at a time when employee diversity was of negligible concern. Chenaults 1977 marriage to Kathryn Cassell, an attorney with the United Negro College Fund, produced two sons, Kenneth Jr. and Kevin. Ebony listed him as one of 50 living pioneers in African-American community he was inducted into the junior Achievement U.S Business Hall of Fame in 2002 and in 2008 Kenneth gave the commencement address at Howard University, Kenneth later announced his retirement as chairman and chief executive and on February Stephen J. Squeri succeeded him. 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. As if this was not enough, he completed his Juris Doctor degree from Harvard School of Law. 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. 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. The 55-year-old died unexpectedly during a flight from Tokyo to New York two years ago. He went on to Bowdoin College, where he received his B.A. var slotId = 'div-gpt-ad-thepersonage_com-medrectangle-3-0'; Your donation is fully tax-deductible. Chenault is also a member of Sigma Pi Phi fraternity. Named one of the fifty most powerful African American executives by Fortune magazine in 2001, Chenault is one of only a handful of African-American CEOs of a Fortune 500 company. 60, LL.D. Three members of Berkshires 14-person board are women, and Chenault would become the only black director. Other than their mansion on Long Island they own several homes in different cities including New Rochelle. Being born on 2 June 1951, Kenneth Chenault is 71 years old as of todays date 1st March 2023. An example of data being processed may be a unique identifier stored in a cookie. from Harvard Law School in 1976. A gregarious woman, lover of church and song, Anne N. Chenault also was a stickler for etiquette and good behavior. In 2007, he became the Executive Committee of the Business Roundtable and also the part of the Council on Foreign Relations. He was born on June 2, 1951, in Mineola, New York, in the United States. 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. How Do I Fill out a Z83 Form Online for Free? He is a member of the Westchester Kenneth Chenault learned early on to only worry about the things he could control, this helped him when lifeand business at American Expressthrew unpredictable events his way. In 2014, he was appointed President of Harvard Corporation. At the same time, he served at WayUp as an Enterprise Account Executive and at Global Infrastructure Partners as an Associate. By the time of his appointment as chief operating officer and president in 1997, it was evident that Chenault would likely be chosen as American Expresss next CEO, which he was in 2001. Kenneth is an English give name its the name from a byname meaning handsome comely. He amassed such a large fortune as a result of his successful career as a business executive. Under his leadership, American Express built one of the worlds largest customer loyalty programs. 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. 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. Former Guest Relations at Royal Caribbean CruisesPriscilla. On October 18, 2017, he announced that he would retire as its chairman and chief executive on February 1, 2018. He holds American nationality but belongs to the African- American ethnicity. He is a member of the Westchester Country Club and Phi Beta Sigma fraternity. from Harvard Law School in 1976. He loves to keep his life away from the limelight and is living happily with his family in Rochelle, New York. They were married June 21, 1941, that is the day they told everyone, but they really married May 23, 1941, because 2nd Lts on the Wiki, Age, Wife, Height, Net Worth, Ethnicity. He is a member of famous with the age 71 years old group. Business Development Executive at Search Optics.3. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. in history in 1973. We and our partners use cookies to Store and/or access information on a device. 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 married on May 23, 1941, to Ruth Richmond. This page was last edited on 24 November 2007, at 05:25. Chenault has served on the board of directors of Facebook since February 2018. He is considered an inspiration for the upcoming young businessmen and entrepreneurs. An admired public servant with a strong commitment to innovation and entrepreneurship and extensive experience in Harvard governance, Karen Gordon Mills served in President Obamas Cabinet from April 2009 through August 2013 as the administrator of the U.S. Small Business Administration. 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. 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. 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. In 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. In March 2020 it was announced that Chenault was stepping down from the Facebook board and joining the board of Berkshire Hathaway, replacing Bill Gates. Born in Mineola, New York on June 2, 1951 to Hortenius Chenault, a dentist, and Anne N. Quick, a dental hygienist, Chenault was the second born of four children. var ffid = 1; container.style.maxHeight = container.style.minHeight + 'px'; in 1976. Kenneth I. Chenault, J.D.76, and Karen Gordon Mills, A.B. Do you want to know about Hennessy Carolina. 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. In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. But within those results, there are some recurring results you would find in the list. Tacoma, Washington, We provide you with the latest gossip, news and videos straight from the celebrity world. Upon his retirement, he also announced to step down from his board roles at IBM and Procter & Gamble on February 13, 2019. He is a member of the Westchester Country Club and the fraternity Phi Beta Sigma. 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. Gary Larson In 1995, Ebony listed him as one of 50 "living pioneers" in the African-American community. He and his wife, Kathryn, live in New York City, and they have two sons. All rights reserved. He was made the head of Harvard Corporation in 2014. Kenneth is a member of the Westchester Country Club and Phi Beta Sigma fraternity. Chenault is 70 years oldand celebrates his birthday on June 2 every year. ins.style.width = '100%'; Some of our partners may process your data as a part of their legitimate business interest without asking for consent. This past year she also joined the boards of NYU School of Law and the National Parks Foundation. 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 has served on numerous boards in his career, he began in 2007 where he served on the Ecutive Committee of the Business Roundtable and a member of the Council on Foreign Relations. Chenault was elected to the NCAA Board of Governors in 2024. Do you curious about the net worth of Kenneth Chenault? Leaving Springfield before completing his degree, Chenault transferred to Bowdoin College in Maine, earning a B.A. Chenault also serves on the boards of several companies and nonprofit organizations including Bowdoin College, the NCAA, and the Arthur Ashe Institute for Urban Health. 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. [2], https://www.sourcewatch.org/index.php?title=Kathryn_C._Chenault&oldid=275718, Creative Commons Attribution-NonCommercial-ShareAlike. Kenneth Chenault received $90 million in total compensation as American Express CEO in 2007-08. Chenault publicly announced that he would become the managing director and chairman at General Catalyst. Kenneth Chenault (Kenneth Irvine Chenault) was born on 2 June, 1951 in Mineola, New York, United States, is an American business executive. In 2010, he was given the Third Lantern Award for individual commitment and dedication to public service by the Old North Foundation. We are going to provide some of his personal life informations here which could be your point of curisity. 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. We have also added the favorite personalities and things in the section. Most recently Kenneth exercised 1,613 units of ABNB stock worth $187,011 on 15 May 2020.. After graduating from Waldorf, he enrolled for his B.A degree in history from Bowdoin College in 1973. 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