If not much, here is what we know about Kenneth Chenault to date. She was a trustee of Radcliffe College from 1985 to 1993. In this table we try to give you an idea of his net worth and salary. In addition to President Faust, the current Corporation members include Lawrence S. Bacow, J.D. Is Rosebank College Applications still Open? Under his leadership, American Express has advanced its position as one of the worlds most prominent global services companies. In addition, he joined the boards of a number of companies. So, how much is Kenneth Chenault worth at the age of 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. You may hear that his birthday is on 2-Jun-51. 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. 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. Do you have any interest about Kenneth Irvine Chenaults marital life? He is a member of the Westchester Save my name, email, and website in this browser for the next time I comment. var cid = '1287979051'; He is regarded as an inspiration to aspiring young businessmen and entrepreneurs. On October 18, 2017, he announced that he would retire as its chairman and chief executive on February 1, 2018. 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. In 1995, Ebony listed him as one of 50 "living pioneers" in the African-American community. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. They write new content and verify and edit content received from contributors. 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. Kenneth began his civic activities on November 2010 Old North Foundation recognized him with Third Lantern Award for individual dedication to public service. The lovely couple has been in marriage since they tied their knot in 1977, in the United States of America. He held this position until 2018, when he was named chairman and managing director of General Catalyst Partners. Full Name/Real Name: We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. He was named one of 50 living pioneers in the African-American community in 1995. The birthplace of Kenneth Chenault is Mineola, New York, United States. In addition, he is only the third African American CEO of a Fortune 500 company. He is now 71 years old. Chenault served as a member of the Executive Committee of The Business Council in 2011 and 2012. Chenault, his wife, and their grown children happily live in New York City. In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway. 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. Later, he attended Bowdoin College, where he earned his B.A. Chenault is 70 years oldand celebrates his birthday on June 2 every year. Kenneth Chenault received $90 million in total compensation as American Express CEO in 2007-08. He and his wife, Kathryn, live in New York City, and He also joined Airbnbs board of directors. He has also received honorary degrees from several universities and awards from a wide variety of civic, social service, and community organizations. Chenaults average net worth is $20 million. He attended and graduated from Waldorf School before earning his B.A. Get a Britannica Premium subscription and gain access to exclusive content. ins.id = slotId + '-asloaded'; As of 2023, His estimated net worth is around $120 million. 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. 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. Nominations and advice regarding future Corporation appointments may be sent in confidence to corporationsearch@harvard.edu. To further increase American Expresss market share and profitability, Chenault led the companys campaign to build links with banks by allowing them to issue credit cards through American Express. 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. Do you find this information helpful? Are you a follower of Kenneth Chenault? in history in 1973. He is happily married to his beautiful and supportive wife Kathryn Chenault. Kenneth is an English give name its the name from a byname meaning handsome comely. We love to hear from you. Chenault was named to the NCAA board of governors in 2019, part of the initial class of independent governors. 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. 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. In 1977,Chenault married Kathryn Chenault. In addition, Chenault has been the recipient of several honorary degrees from academic institutions. In 2008, he gave the commencement address at Howard University. Kenneth Irvine Chenaultwas born in Mineola, New York, to parents Hortenius Chenault and Anne Chenault on June 2, 1951. All rights reserved. I love to cover celebrity news around the world. 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. Kenneth is a member of the Westchester Country Club and Phi Beta Sigma fraternity. "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting educational institutions, the arts and health care. var lo = new MutationObserver(window.ezaslEvent); 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. The original version of this story misstated Kenneth C. Frazier and Ken Chenaults professional affiliations. 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. [1]. 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. To get more information scroll the following table. 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. Mills graduated from Harvard College in 1975 and from Harvard Business School, where she was a Baker Scholar, in 1977. In 2008, he gave the commencement address at Howard University. 75, M.B.A. 82, co-CEO of Madison Dearborn Partners; Susan L. Graham, A.B. Kenneth Chenault height is 1.72 m. He current weight is 81 kg. His father, Hortenius Chenault, was a graduate of Morehouse College and Howard University Dental School. Sachin Bansal is a renowned Indian Entrepreneur (Co-Founder of Flipkart). Creative people have bypassed gatekeepers for centuries to distribute what they wanted to share so badly. They find common ground in Houghton Library exhibition. Kenneth Chenault ABNB stock SEC Form 4 insiders trading. He went on to Bowdoin College, where he received his B.A. He rose through American Expresss ranks at a time when employee diversity was of negligible concern. In 1976, he also received his Juris Doctorate from Harvard Law School. He has American citizenship. Age: WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. This article will give you the breakdown of Kenneth Chenault Net Worth. Prior to coming on board with Kenneth is a An example of data being processed may be a unique identifier stored in a cookie. In May 2010, he gave the commencement speech at Wake Forest University and Northeastern University. Chenault will continue to serve as a director until the 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. She currently serves on the Academic Affairs Committee, the Committee on Trusteeship, and the Board of Overseers for the School of Dental Medicine." Other than their mansion on Long Island they own several homes in different cities including New Rochelle. At 71 years old, Kenneth Chenault height not available right now. 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Alternate titles: Kenneth Irvine Chenault. Chenault completed his schooling from the Waldorf School of Garden City, where he was the class president. He is the third African American CEO of a Fortune 500 company. var slotId = 'div-gpt-ad-thepersonage_com-medrectangle-3-0'; (adsbygoogle = window.adsbygoogle || []).push({}); THE DIGITAL REPOSITORY FOR THE BLACK EXPERIENCE. Former Sales Executive at Reachlocal Brazil.4. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. Apart from Kenneth being a successful Lawyer and entrepreneur, he is also a great father of two and a loving husband to Kathryn. View popular celebrities life details, birth signs and real ages. The University has been an important part of my life for many years. On February 6, 2017, Chenault was named Chair of the Advisory Council for the Smithsonian's National Museum of African American History and Culture. Save my name, email, and website in this browser for the next time I comment. 67, president of the Carnegie Endowment for International Peace; Joseph J. ODonnell, A.B. 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 He was only one of five African-Americanstoserve as a CEO of a Fortune500 company. ins.style.height = container.attributes.ezah.value + 'px'; Leading the tour were Chaffee Duckers '16 (left) and Robert Fitzpatrick '16. In 2007-08, Chenault received total compensation of $90 million as the CEO of American Express. In 2019,he was appointed as a member of the NCAAS Board of Governors, he also worked with American Express Between 1981 and 2018. After retiring as CEO of American Express, he became the Chairman and Managing Director At General Catalyst. 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 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. As announced in December, William F. Lee, A.B. Business Chief Executive. Due to his hard work, Chenault was finally promoted to Chief Operating Officer in 2001. In 2011, he was included in the Executive Committee of The Business Council. Save my name, email, and website in this browser for the next time I comment. ins.style.minWidth = container.attributes.ezaw.value + 'px'; Frazier was the CEO of Merck, while Chenault was the CEO of American Express. He holds American nationality but belongs to the African- American ethnicity. 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. 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. ins.style.width = '100%'; After graduating from Waldorf, he enrolled for his B.A degree in history from Bowdoin College in 1973. 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. Harris with his own Pudding Pot (photo 2). Three members of Berkshires 14-person board are women, and Chenault would become the only black director. You will get the full biography of Kenneth Chenault here. Kenneth also sits on the board of number of other companies this includes Berkshire Hathaway and Airbnb. In 2003, however, a federal appeals court upheld a lower court ruling that required MasterCard and Visa to eliminate their prohibitory rules. Therefore, Chenault is 70 years old. Photo by Dwight Carter; photo courtesy of Karen Gordon Mills. 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. American Express | St. Regis Bal Harbour | Kenneth Chenault Beginning in 2007, he served on the Executive Committee of the Business Roundtable and a member of the Council on Foreign Relations. var ins = document.createElement('ins'); Though it is impossible to get the exact information about salary and assets. Throughout his career, he has served on several boards. Hope the above information helps you to As if this was not enough, he completed his Juris Doctor degree from Harvard School of Law. Discover today's celebrity birthdays and explore famous people who share your birthday. from Harvard Law School in 1976. She was a resident fellow at Harvards Institute of Politics in fall 2013. 67, M.B.A. 71, chairman of Centerplate Inc.; Robert D. Reischauer (senior fellow), A.B. Richard Sobel, Chenault, Kenneth Irvine African American National 75, M.B.A. 77, were elected as Harvard Corporation members. Kenneth Irvine Chenault was born on June 2, 1951, in Mineola, New York, the U.S., to his parents Hortenius Chenault and Anne Chenault. He was succeeded by Stephen J. Squeri. Chenault was captain of the track and basketball teams. Kenneth Chenault has won several awards and recognitions in his illustrious career. We try to show the recent one. 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. He is a member of famous with the age 71 years old group. WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. Do you want to know about Hennessy Carolina. Well, how well do you know about Kenneth Chenault? Kenneth has also served as the CEO and chairman of American Express from 2001 until 2018. He delivered the commencement address at Howard University in 2008. Chenault has served on several boards throughout his career. After working for a law firm and a management consultancy, Chenault eventually accepted a job in 1981 with American Express. 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. As of March 2023, Kenneth Chenault has an estimated net worth of more than $120 million. BlackPast.org is a 501(c)(3) non-profit and our EIN is 26-1625373. Kenneth Chenaultis a well-known businessman around the world. Kenneth Chenault has served for more than a decade as the highly regarded chairman and chief executive officer of American Express Company. Birth Date: (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! One of his challenges as a CEO he faced is guiding the company through a recovery from the September attacks the American Express lost 11 employees it also suffered damage to its headquarters. 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. It is among the largest gifts from an honorary degree recipient in the institutions history. The birth name of this Business executive is Kenneth Irvine Chenault. 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. 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