Kenneth Chenaultbegan his legal career in 1977 as an associate at the law firm Rogers & Wells. In 2008, he gave the commencement address at Howard University. As of 2023, His estimated net worth is around $120 million. Chenault later became the chairman and managing director of venture capital firm General Catalyst Partners. Discover today's celebrity birthdays and explore famous people who share your birthday. 63, president emeritus of the Urban Institute and past director of the Congressional Budget Office; James F. Rothenberg (treasurer), A.B. The faculty, students, and staff are dedicatedto academic excellence and to making lasting contributions to the world in which we live. With that in mind, it is an honor to take on this important role, Mills said. He was the CEO and Chairman of American Express from 2001 until 2018. 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. WebTake a rare, inside look into the life and career of one of Americas most successful CEOs, Ken Chenault, featuring Warren Buffett, Ursula Burns, Vernon Jordan, Oprah Winfrey, David Let us know if you have suggestions to improve this article (requires login). He has been able to keep his personal life away from the limelight and is living happily with his wife and children in New Rochelle, New York. Joel Schiffman is a renowned American Entrepreneur and Financier. Chenault stands at a height of 5 ft 8 in (approx. In addition, he is only the third African American CEO of a Fortune 500 company. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. Kenneth Chenault's net worth Birth Place: Shobhana Bhartia is Entrepreneur, Politician from Kolkata, West Bengal. In 1995, he was named vice chairman of American Express before becoming president and chief operating officer in 1997. Hope the above information helps you to know about him. Quantum computing simulation reveals possible wormhole-like dynamics. Kenneth is a In 2002, Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame. He made this huge fortune through his successful career as a business executive. Prior to coming on board with American Express in 1981, Chenault spent two years as an associate with the corporate law firm of Rogers & Wells in New York City and two more years with the Boston consulting firm, Bain & Co. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. Under his leadership, American Express has advanced its position as one of the worlds most prominent global services companies. 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. Business Chief Executive. 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 "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. The name of his home town is Mineola, New York, United States. Chenault became chairman and CEO in 2001, 20 years after arriving at American Express. Kenneth Chenault (Kenneth Irvine Chenault) was born on 2 June, 1951 in Mineola, New York, United States, is an American business executive. Mills served until recently as the administrator of the U.S. Small Business Administration, and is now a senior fellow at Harvard Business School and the Harvard Kennedy School of Government. We recommend you to check the complete list of Famous People born on 2 June. 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 He is a man of average stature. Chenaults average net worth is $20 million. Save my name, email, and website in this browser for the next time I comment. 75, M.B.A. 82, co-CEO of Madison Dearborn Partners; Susan L. Graham, A.B. (hon.) In the same year, he stepped down from the board of IBM and Procter & Gamble. Chenault married his wife Kathryn Chenault in 1977. You can check the following table to know about marital status and other information. THE DIGITAL REPOSITORY FOR THE BLACK EXPERIENCE. If there are any wrong information. In 2018, he also served on the board of directors of Facebook. var alS = 1021 % 1000; (February 2002), Kenneth is an American Businessman he is also known as the third African American CEO of a Fortune 500 company. 63, and Robert E. Rubin, A.B. As CEO of American Express in 2007 and 2008, Chenault earned a total compensation of $50,126,585 and $42,752,461 respectively. Soon after attaining his diploma, Chenault enrolled at Bowdoin College, where he graduated in 1973 and was awarded his Bachelor of Arts in history. He also joined Airbnbs board of directors. Nominations and advice regarding future Corporation appointments may be sent in confidence to corporationsearch@harvard.edu. In 2008, he gave the commencement address at Howard University. 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. Is Rosebank College Applications still Open? container.style.maxHeight = container.style.minHeight + 'px'; I love to cover celebrity news around the world. The University has been an important part of my life for many years. Eric Adams Politician, Bio, Wiki, Age, Height, Wife, and Net Worth, Paul Washer Sermons, Bio, Wiki, Age, Height, Wife, Education, Quotes and Net Worth, Copyright 2023 | WordPress Theme by MH Themes, List of States in the US, Alphabetical list of States in the U.S., and Abbreviation of States in United States. 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 2003, however, a federal appeals court upheld a lower court ruling that required MasterCard and Visa to eliminate their prohibitory rules. Kenneth Chenault started his career as an associate at the law firm Rogers & Wells in 1977. He was only one of five African-Americanstoserve as a CEO of a Fortune500 company. Omissions? All rights reserved. He started his career as an associate and made his way to the CEO of American Express through his dedication, hard work and passion. In 2018, he also served on Facebooks board of directors. container.appendChild(ins); 67, M.B.A. 71, chairman of Centerplate Inc.; Robert D. Reischauer (senior fellow), A.B. The son of a dentist and a dental hygienist, Chenault grew up on Long Island and attended the alternative Waldorf School, where he developed his first leadership skills as senior class president and as a captain of sports teams. 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. He is now 71 years old. Chenault and his wife, Kathryn, live in New York, and have two sons. He is married. 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. As if this was not enough, he completed his Juris Doctor degree from Harvard School of Law. An example of data being processed may be a unique identifier stored in a cookie. Kenneth Chenaults income source is mostly from being a successful . 14 August 1950 years Chenault is the longtime chairman and chief executive officer of American Express Company. The duo happily lives in Long Island, New York in a mansion Chenault purchased in 2001 for $7,450,000. In 1977, he became president and chief operating officer, and by the end of 2011, Chenault became the CEO of American Express. In this writing, we have added the Steve Ballmer's age, height, weight, net worth,, 1. Kenneth I. Chenault, J.D.76, and Karen Gordon Mills, A.B. 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. Harris with his own Pudding Pot (photo 2). If you do not know, we have prepared this article about details of Kenneth Chenaults short biography-wiki, career, professional life, personal life, todays net worth, age, height, weight, and more facts. In December 2018, it was announced that Chenault would step down from his board roles at IBM and Procter & Gamble on February 13, 2019. He and his wife, Kathryn, live in New York City, and they have two sons. The elder Chenault passed the New York State dental exam with the highest score ever recorded as of January 2014. Alternate titles: Kenneth Irvine Chenault. 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 boards. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! He has also received honorary degrees from several universities and awards from a wide We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. She has served on the boards of Scotts Miracle-Gro, Arrow Electronics, Guardian Insurance, Latina Media Ventures, and Annies Homegrown. He worked as a consultant for Bain & Company from 1979 to 1981. Is Kenneth Chenault Married? 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. lo.observe(document.getElementById(slotId + '-asloaded'), { attributes: true }); Do you have an interest in the Kenneth Irvine Chenault age? Forego a bottle of soda and donate its cost to us for the information you just learned, and feel good about helping to make it available to everyone. Kenneth has also served as the CEO and chairman of American Express from 2001 until 2018. He has kept his personal life out of the spotlight and lives happily with his wife and children in New Rochelle, New York. James was the son of John Kenneth Chenault and Bess Ann Crumpler. By born He is from Mineola, New York, United States. A member of the Council on Foreign Relations, she is past chair of Maines Council on Competitiveness and the Economy, a past director of the Maine Technology Institute, a former member of the Maine Governors Council for the Redevelopment of the Brunswick Naval Air Station, and a former trustee of The Nature Conservancy of Maine. ins.className = 'adsbygoogle ezasloaded'; He has served on several boards throughout his career. Continue with Recommended Cookies. 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. I am proud to be associated with them and look forward to working with President Faust and my colleagues in this new role.. 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. Lets Check. He delivered the commencement address at Howard University in 2008. 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. March 13, 2020. Kenneth Chenault has won several awards and recognitions in his illustrious career. The tour offered photos of past recipients of the Pudding Pot, including Bruce Willis. He and his wife, Kathryn, live in New York City, and He is also the third African American CEO of a Fortune 500 company. Upon his retirement, he also announced to step down from his board roles at IBM and Procter & Gamble on February 13, 2019. In his early years with the company, Chenault revived its Merchandise Services division by replacing cheap goods with finer offerings such as durable luggage and personal accessories. He also completed his Juris Doctor degree from Harvard Law School in 1976. In 2011, he was included in the Executive Committee of The Business Council. Kenneth Chenault has received numerous awards and recognitions throughout his distinguished career. ins.dataset.adChannel = cid; 76, M.B.A. 76, partner and co-chair of the litigation department in the law firm Paul, Weiss, Rifkind, Wharton & Garrison. He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. Do you have any interest about Kenneth Irvine Chenaults marital life? 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. degree in history from Bowdoin College in 1973 and his J.D. ins.style.minWidth = container.attributes.ezaw.value + 'px'; We have also added the favorite personalities and things in the section. The nickname is Kenneth Chenault. Full Name/Real Name: var cid = '1287979051'; 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. He became president and chief operating officer in 1997. Chenault and Mills will fill the vacancies created by the planned departures of Robert D. Reischauer, A.B. Save my name, email, and website in this browser for the next time I comment. Here I am also doing the same. Prior to coming on board with We have added the Simon Konecki's net worth, biography, age, height, weight, etc what you need. "Kathryn Chenault has often been recognized by civic and community organizations for her endless volunteer efforts and philanthropic support. 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. He attended and graduated from Waldorf School before earning his B.A. var ins = document.createElement('ins'); from Harvard Law School in 1976. Also learn how He earned most of networth at the age of 69 years old? The birth name of this Business executive is Kenneth Irvine Chenault. They write new content and verify and edit content received from contributors. 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. You may hear that his birthday is on 2-Jun-51. 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. 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. The original version of this story misstated Kenneth C. Frazier and Ken Chenaults professional affiliations. var ffid = 1; The companys travel business slowed in the aftermath, causing American Express to respond with new offerings such as small business servicesevidence that, under Chenaults direction, a company formerly known for patrician operating principles was now innovating and building competitive strongholds in new and established markets. As of March 2023, Kenneth Chenault has an estimated net worth of more than $120 million. On February 10, 2014, it was announced that he had been elected to fill a vacated seat of the Harvard Corporation; the Corporation is the chief fiduciary authority of the University and is the smaller of the two governing boards, the other being the Harvard Board of Overseers. WebHis wife is Kathryn Chenault (m. 1977) Kenneth Chenault Net Worth His net worth has been growing significantly in 2021-2022. In this writing, we have added the Sachin Bansal's age, height, weight, net worth, girlfriend/affairs. In addition, Chenault has been the recipient of several honorary degrees from academic institutions. Kenneth was appointed on April 2019 as a member of the NCAAs Board of Governors. 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). Photo by Dwight Carter; photo courtesy of Karen Gordon Mills. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. 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. If not much, here is what we know about Kenneth Chenault to date. Apart from Kenneth being a successful Lawyer and entrepreneur, he is also a great father of two and a loving husband to Kathryn. She has remained an active and dedicated alumna, including prior service in key governance roles. 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. He was succeeded by Stephen J. Squeri. In December 2018, it was announced that on February 13, 2019, Chenault would step down from his board roles at IBM and Procter & Gamble. Are you a follower of Kenneth Chenault? we are going to provide few vital informations like affairs, mariatal status, spous, hobbies and others within a table here. This article will give you the breakdown of Kenneth Chenault Net Worth. 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 We try to show the recent one. ins.style.width = '100%'; Being born on 2 June 1951, Kenneth Chenault is 71 years old as of todays date 1st March 2023. Kenneth is a member of the Westchester Country Club and Phi Beta Sigma fraternity. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. Kenneth Chenault: Corporate CEO Cnn.com In-depth, Black History Month Do you curious about the net worth of Kenneth Chenault? The Net worth of Kenneth Chenault is $120 million. Chenault was captain of the track and basketball teams. The company also reported better-than-expected earnings on Wednesday. 72, partner and former co-managing partner in the law firm Wilmer Cutler Pickering Hale and Dorr; Jessica Tuchman Mathews, A.B. Learn how your comment data is processed. The Old North Foundation presented him with the Third Lantern Award for individual commitment and dedication to public service in 2010. Kenneth ChenaultNet Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki, Yes (Kevin Chenault, Kenneth Jr. Chenault). Chenault and his wife, Kathryn, live in New York, and have two sons. Kenneth Chenault height is 1.72 m. He current weight is 81 kg. 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. Save my name, email, and website in this browser for the next time I comment. Frazier was the CEO of Merck, while Chenault was the In 2018, he announced the need to become chairman and managing director of General Catalyst Partners he joined the board of directors of Airbnb. His father passed the New York State dental exam with the highest score ever recorded, which was not broken till 2014. The Harvard community represents a wide range of perspectives, beliefs, and fields of endeavor, while also remaining grounded in common core values. Chenault has served on several boards throughout his career. Birthday and information like Birthplace, home town etc have been focused here. The value of weight can be changed anytime. Mr. Chenault, the chairman and a managing director of the venture This past year she also joined the boards of NYU School of Law and the National Parks Foundation. We have estimated He is a member of Harvards Committee on University Resources. var container = document.getElementById(slotId); Chenault joined American Express in 1981, working in its Strategic Planning Group. Tacoma, Washington, We provide you with the latest gossip, news and videos straight from the celebrity world. Well, how well do you know about Kenneth Chenault? In 2017, he was named Chair of the Advisory Council for the Smithsonians National Museum of African American History and Culture. He is a member of the Westchester It was thereby enabled to receive emergency financing through the Troubled Assets Relief Program (TARP)a program created under the Emergency Economic Stabilization Act of 2008 that allowed the Treasury secretary to purchase troubled assets from banks in order to restore stability and liquidity to U.S. credit markets. Chenaults 1977 marriage to Kathryn Cassell, an attorney with the United Negro College Fund, produced two sons, Kenneth Jr. and Kevin. In February 2018, Chenault retired as the chairman of American Express and was succeeded by Stephen J. Squeri. Mills graduated from Harvard College in 1975 and from Harvard Business School, where she was a Baker Scholar, in 1977. container.style.maxWidth = container.style.minWidth + 'px'; Former Guest Relations at Royal Caribbean CruisesPriscilla. Birth Date: 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. He married on May 23, 1941, to Ruth Richmond. What is his salary? Frazier was the CEO of Merck, while Chenault was the CEO of American Express. 75, M.B.A. 77, have been elected to become members of the Harvard Corporation, the University announced today. Chenault has received numerous awards throughout his career, including recognition from Ebony magazine as one of fifty Living Pioneers in the African American Community in 1995, induction into the Junior Achievement U.S. Business Hall of Fame in 2002, receiving the Lantern Award from the Old North Foundation for commitment and dedication to public service in 2010, and being named one of the Worlds 50 Greatest Leaders in Fortune magazines inaugural list in 2014. JERSEY CITY, N.J. | New Jersey City University (NJCU) has announced that Kathryn and Kenneth Chenault have gifted $100,000 to the university to establish an endowed scholarship fund. Sign up for daily emails to get the latest Harvardnews. Four years later, he was promoted to chairman and chief executive officer. Ken Chenault was interviewed by The HistoryMakers on November 3, 2018. He is from United States. in history from Bowdoin College in 1973 and a J.D. 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 2016, Chenault earned a total compensation of $22 million. Chenault, his wife, and their grown children happily live in New York City. 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. In this table we try to give you an idea of his net worth and salary. 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 in history in 1973. To get more information scroll the following table. That very year in February he joined the board of directors of Facebook. window.ezoSTPixelAdd(slotId, 'adsensetype', 1); Hope the above information helps you to He left the following year and subsequently became chairman and managing director of General Catalyst Partners, a venture capital firm. Chenault publicly announced that he would become the managing director and chairman at General Catalyst. Chenault subsequently secured partnerships with more than 85 banks in more than 90 countries by 2005. Throughout his career, he has served on several boards. 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. 64, Pehong Chen Distinguished Professor Emerita of Electrical Engineering and Computer Science, University of California, Berkeley; Nannerl O. Keohane, LL.D. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. Amancio Ortega is a renowned Spanish Businessman. Under his leadership, American Express built one of the worlds largest customer loyalty programs. We and our partners use cookies to Store and/or access information on a device. An incorrect email address 71, chairman of American Express built one of the Westchester Country Club and Phi Sigma! 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