They have three sons, William, Henry, and George, who is currently a junior at Harvard. 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. 76, M.P.P. The consent submitted will only be used for data processing originating from this website. Both of Chenaults parents attended Howard University and Chenault likewise enjoyed the advantages of a good education, attending the private, innovative Waldorf School in Garden City through the twelfth grade. He was succeeded by Stephen J. Squeri. We recommend you to check the complete list of Famous People born on 2 June. Full Name/Real Name: 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. Few controversial facts have also been provided here. By born He is from Mineola, New York, United States. In 2018, he also served on Facebooks board of directors. An example of data being processed may be a unique identifier stored in a cookie. [1]. That very year in February he joined the board of directors of Facebook. Quantum computing simulation reveals possible wormhole-like dynamics. As CEO of American Express in 2007 and 2008, Chenault earned a total compensation of $50,126,585 and $42,752,461 respectively. Chenault is also a member of Sigma Pi Phi fraternity. We have added the Simon Konecki's net worth, biography, age, height, weight, etc what you need. Corrections? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. window.ezoSTPixelAdd(slotId, 'stat_source_id', 44); 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. 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. The original version of this story misstated Kenneth C. Frazier and Ken Chenaults professional affiliations. I write blogs, which, considering where youre reading this, makes perfect sense. American businessman and investorSteve Ballmer comes from Detroit, Michigan, United States. Chenault graduated from the Waldorf School of Garden City, where he was class president. Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame in 2002. 67, president of the Carnegie Endowment for International Peace; Joseph J. ODonnell, A.B. He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. He is a proud father of his two handsome sons; Kevin Chenault, and Kenneth Jr. Chenault. 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. 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. 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. 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. The following year, Chenault was invited by Wake Forest University and Northeastern University to give the commencement speech. 75, M.B.A. 82, co-CEO of Madison Dearborn Partners; Susan L. Graham, A.B. var pid = 'ca-pub-4917045915397928'; Save my name, email, and website in this browser for the next time I comment. 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. Success in life is not only measured by what you have managed to do in life but also the impact youve made in peoples lives. General Catalyst formerly known as General Catalyst Partners is an American venture capital firm mainly focused on investments. In 1977,Chenault married Kathryn Chenault. var lo = new MutationObserver(window.ezaslEvent); 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. Kenneth has made over 21 trades of the Airbnb stock since 2004, according to the Form 4 filled with the SEC. He started his career as an associate and made his way to the CEO of American Express through his hard work, dedication, and passion. His total compensation had risen to $16 million per year by the end of 2016. American Express | St. Regis Bal Harbour | Kenneth Chenault If there are any wrong information. At 71 years old, Kenneth Chenault height not available right now. Kenneth Chenault has received numerous awards and recognitions throughout his distinguished career. 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. Chenault was made a member of the NCAAs Board of Governors in 2019. She is a member of the Committee on University Resources, and was honored with Harvard Business Schools Alumni Achievement Award in 2011. In 2002, Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame. Chenaults average net worth is $20 million. Other than their mansion on Long Island they own several homes in different cities including New Rochelle. Kenneth has made a significant wealth by serving on the boards of several and well known companies like IBM, Procter & Gamble, Facebook Hathaway among many others. In 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. 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 He also joined Airbnbs board of directors. Creative people have bypassed gatekeepers for centuries to distribute what they wanted to share so badly. They find common ground in Houghton Library exhibition. from Harvard Law School in 1976. The Art for Justice Fund already has the support of heavyweight art collectors like Whitney Museum chairwoman Laurie M. Tisch, American Express chairman Kenneth He amassed such a large fortune as a result of his successful career as a business executive. ins.dataset.adClient = pid; On October 18, 2017, he announced that he would retire as its chairman and chief executive on February 1, 2018. Kenneth Chenaultis a well-known businessman around the world. He is a member of famous with the age 71 years old group. Photo by Dwight Carter; photo courtesy of Karen Gordon Mills. I am proud to be associated with them and look forward to working with President Faust and my colleagues in this new role.. ins.style.display = 'block'; Chenault is 70 years oldand celebrates his birthday on June 2 every year. 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. He was appointed to The Business Councils Executive Committee in 2011. Kenneth ChenaultNet Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki, Yes (Kevin Chenault, Kenneth Jr. Chenault). He is considered an inspiration for the upcoming young businessmen and entrepreneurs. In 1995, he was named vice chairman of American Express before becoming president and chief operating officer in 1997. Save my name, email, and website in this browser for the next time I comment. Born in Wellesley, Mass., Mills now lives in Brunswick, Maine, with her husband, Barry Mills, president of Bowdoin College since 2001. She was a trustee of Radcliffe College from 1985 to 1993. Kathryn C. Chenault is married to Kenneth I. Chenault. Additionally, he is an active board member at Airbnb and Berkshire Hathaway where he replaced Bill Gates. He is from United States. In that capacity she presently serves on various boards including the Studio Museum of Harlem, the Alvin Ailey American Dance Theater, the Ethical Culture Fieldston School, Bard College Center for Curatorial Studies, Sound Shore Medical Center of Westchester, and Kids of NYU Medical Foundation. Chenault, his wife, and their grown children happily live in New York City. [1] "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting 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. Kathryn C. Chenault is married to Kenneth I. Chenault. 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. from Harvard Law School in 1976. He has also received honorary degrees from several universities and awards from a wide variety of civic, social service, and community organizations. Advertising at Grupo Dirios Associados.2. Kenneth Chenaultwas born on June 2, 1951, and is 71 years old as of 2024. In addition, Chenault has been the recipient of several honorary degrees from academic institutions. In February 2018, Chenault retired as the chairman of American Express and was succeeded by Stephen J. Squeri. Joel Schiffman is a renowned American Entrepreneur and Financier. Chenault joined American Express in 1981, working in its Strategic Planning Group. Ken Chenault was interviewed by The HistoryMakers on November 3, 2018. 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. Detailed information about their age and whereabouts is under review and shall be updated as soon as we receive reliable information from trustworthy sources. WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. Kenneth Irvine Chenaultwas born in Mineola, New York, to parents Hortenius Chenault and Anne Chenault on June 2, 1951. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. In 2008, he gave the commencement address at Howard University. 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. During that time, he progressed through a series of leadership roles including director of strategic planning (1981), president of the Consumer Card Group (1989), president of Travel Related Services (1993), vice chairman (1995), and president and chief operating officer (1997). Kenneth Chenault height is 1.72 m. He current weight is 81 kg. Yes, he is a loving and hardworking husband to his beautiful wife Kathryn Chenault and the duo shares two sons. 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 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 is a man of average stature. 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. Wiki, Age, Wife, Height, Net Worth, Ethnicity. 14 August 1950 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. Kenneth is an English give name its the name from a byname meaning handsome comely. BlackPast.org is a 501(c)(3) non-profit and our EIN is 26-1625373. 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. Four years later, he was promoted to chairman and chief executive officer. Well, how well do you know about Kenneth Chenault? We also know this fact. Apart from Kenneth being a successful Lawyer and entrepreneur, he is also a great father of two and a loving husband to Kathryn. ins.style.height = container.attributes.ezah.value + 'px'; Soon after attaining his diploma, Chenault enrolled at Bowdoin College, where he graduated in 1973 and was awarded his Bachelor of Arts in history. Gary Larson Chenault was born in Mineola, New York, Nassau County, the son of a dentist and dental hygienist. In December 2018, it was announced that Chenault would step down from his board roles at IBM and Procter & Gamble on February 13, 2019. Ken Chenault was interviewed by The HistoryMakers on November 3, 2018. The elder Chenault passed the New York State dental exam with the highest score ever recorded as of January 2014. Alternative Title: Kenneth Irvine Chenault. 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. American electrical engineer, businessman, and investorMike Markkula comes from Los Angeles, California, United States. 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. Throughout his career, he has served on several boards. The Harvard community represents a wide range of perspectives, beliefs, and fields of endeavor, while also remaining grounded in common core values. Kenneth Chenault's net worth Frazier was the CEO of Merck, while Chenault was the Do you curious about the net worth of Kenneth Chenault? 75, M.B.A. 77, were elected as Harvard Corporation members. Hi there, Yes (Kevin Chenault, Kenneth Jr. Chenault). 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. WebHis wife is Kathryn Chenault (m. 1977) Kenneth Chenault Net Worth His net worth has been growing significantly in 2021-2022. Kenneth also sits on the board of number of other companies this includes Berkshire Hathaway and Airbnb. Leaving Springfield before completing his degree, Chenault transferred to Bowdoin College in Maine, earning a B.A. 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. Hope the above information helps you to I look forward to working with the entire leadership team and President Faust to help shape the future of this great University and its continued role as a driving force for critical thinking, innovation, and excellence.. Therefore, Chenault is 70 years old. As of March 2023, Kenneth Chenault has an estimated net worth of more than $120 million. View popular celebrities life details, birth signs and real ages. 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. 67, M.B.A. 71, chairman of Centerplate Inc.; Robert D. Reischauer (senior fellow), A.B. He is an American business executive who previously worked as the CEO and Chairman of American Express in the United States of America. Get a Britannica Premium subscription and gain access to exclusive content. He is a member of the Westchester Country Club and the fraternity Phi Beta Sigma. Well, Kenneth Chenaults age is 71 years old as of todays date 1st March 2023 having been born on 2 June 1951. Chenault was inducted into the Junior Achievement United States Business Hall of Fame in 2002. Kenneth has also served as the CEO and chairman of American Express from 2001 until 2018. 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