[1]. ins.style.minWidth = container.attributes.ezaw.value + 'px'; var lo = new MutationObserver(window.ezaslEvent); He worked as a consultant for Bain & Company from 1979 to 1981. in history from Bowdoin College in 1973 and a J.D. Chenault was a member of Phi Beta Sigma fraternity. 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. var ins = document.createElement('ins'); 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. He was succeeded by Stephen J. Squeri. WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. In 1981, he joined American Express as a member of the Strategic Planning Group. ins.id = slotId + '-asloaded'; Chenaults solid middle-class upbringing in the mostly white neighborhood of Hempstead, Long Island may have predicted his future. He is a member of Harvards Committee on University Resources. He was named one of 50 living pioneers in the African-American community in 1995. Chenault stepped down as chairman of American Express in February 2018, and was succeeded by Stephen J. Squeri. After overseeing various initiatives that helped restore investors confidence, Chenault announced in 2017 that he was stepping down as CEO. Quantum computing simulation reveals possible wormhole-like dynamics. 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. Chenault started his career in 1977 as an associate at the law firm Rogers & Wells in New York City, and subsequently served as a consultant for Bain & Company from 1979 to 1981. container.style.maxHeight = container.style.minHeight + 'px'; As CEO of American Express in 2007 and 2008, Chenault earned a total compensation of $50,126,585 and $42,752,461 respectively. 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. var ffid = 1; Yes (Kevin Chenault, Kenneth Jr. Chenault). He also completed his Juris Doctor degree from Harvard Law School in 1976. 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. In 2018, he also served on the board of directors of Facebook. Lets Check. In 1995, he was named vice chairman of American Express before becoming president and chief operating officer in 1997. I am proud to be associated with them and look forward to working with President Faust and my colleagues in this new role.. 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Chenault has served on the board of directors of Facebook since February 2018. Tacoma, Washington, We provide you with the latest gossip, news and videos straight from the celebrity world. 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. American electrical engineer, businessman, and investorMike Markkula comes from Los Angeles, California, United States. WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. The nickname is Kenneth Chenault. Beginning in 2007, he served on the Executive Committee of the Business Roundtable and a member of the Council on Foreign Relations. This article will give you the breakdown of Kenneth Chenault Net Worth. All Rights Reserved. window.ezoSTPixelAdd(slotId, 'stat_source_id', 44); Kenneth Chenaultwas born on June 2, 1951, and is 71 years old as of 2024. 75, M.B.A. 77, were elected as Harvard Corporation members. In 1995, Ebony listed him as one of 50 "living pioneers" in the African-American community. Biography, edited by Henry Louis Gates Jr., Evelyn Brooks Higginbotham; 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. Kenneth Chenault has served for more than a decade as the highly regarded chairman and chief executive officer of American Express Company. 14 August 1950 Kenneth Chenaults income source is mostly from being a successful . 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. 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. Harvard is again fortunate to be able to turn to two such accomplished and dedicated graduates to help guide the Universitys affairs and help all of us envision and embrace the possibilities ahead.. Birth Place: American businessman and investorSteve Ballmer comes from Detroit, Michigan, United States. Chenaults average net worth is $20 million. He made this huge fortune through his successful career as a business executive. In addition, he is only the third African American CEO of a Fortune 500 company. He loves to keep his life away from the limelight and is living happily with his family in Rochelle, New York. He is a member of the Westchester Under his leadership, American Express built one of the worlds largest customer loyalty programs. He is also the co-founder of OneTen, a coalition of leading executives coming She served on Harvards Board of Overseers from 1999 to 2005, was elected by her peers as vice chair of the boards executive committee for 2004-05, and served for two years as chair of the boards standing committee on finance, administration, and management. In April 2019, he was appointed as a member of the NCAA's 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). His father was a dentist and hygienist who attended Morehouse College and Howard University Dental School. 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. Kenneth Irvine Chenault was born on June 2, 1951, in Mineola, New York, the U.S., to his parents Hortenius Chenault and Anne Chenault. Our Harvard community includes the most remarkable students, staff, and faculty, and together they have potential to contribute to and influence our world in so many meaningful ways. Kenneth Chenault ABNB stock SEC Form 4 insiders trading. Kenneth Chenault is a well-known business executive from America who was the CEO and Chairman of American Express for eighteen years (2001-2018). Amancio Ortega is a renowned Spanish Businessman. Age: In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway. 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. 60, LL.D. Prior to coming on board with , money, salary, income, and assets. Do you curious about the net worth of Kenneth Chenault? 67, M.B.A. 71, chairman of Centerplate Inc.; Robert D. Reischauer (senior fellow), A.B. Save my name, email, and website in this browser for the next time I comment. Is Rosebank College Applications still Open? Chenault has served on the boards of The Business Council, NYU Langone Health, Airbnb, Facebook, IBM, The Procter & Gamble Company, the Harvard Corporation, Berkshire Hathaway, and the NCAA. 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. 67, president of the Carnegie Endowment for International Peace; Joseph J. ODonnell, A.B. African American History: Research Guides & Websites, Global African History: Research Guides & Websites, African American Scientists and Technicians of the Manhattan Project, Envoys, Diplomatic Ministers, & Ambassadors, Foundation, Organization, and Corporate Supporters. Kenneth Irvine Chenault and Wife at President Barack Obama's Second State Dinner, May 2010. Detailed information about their age and whereabouts is under review and shall be updated as soon as we receive reliable information from trustworthy sources. 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. His father, Hortenius Chenault, was a graduate of Morehouse College and Howard University Dental School. in history in 1973. 60, who both intend to step down this summer after 12 years of service. The lovely couple has been in marriage since they tied their knot in 1977, in the United States of America. Frazier was the CEO of Merck, while Chenault was the 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.. Most recently Kenneth exercised 1,613 units of ABNB stock worth $187,011 on 15 May 2020.. Continue with Recommended Cookies. Hope the above information helps you to Chenault is also a member of Sigma Pi Phi fraternity. Other than their mansion on Long Island they own several homes in different cities including New Rochelle. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. 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. Learn how your comment data is processed. His net worth has been growing significantly in 2021-2022. In 2007, he became the Executive Committee of the Business Roundtable and also the part of the Council on Foreign Relations. Kenneth has also served as 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. In this table we try to give you an idea of his net worth and salary. Save my name, email, and website in this browser for the next time I comment. 72, partner and former co-managing partner in the law firm Wilmer Cutler Pickering Hale and Dorr; Jessica Tuchman Mathews, A.B. 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 Chenaults net worthis estimated to be more than $120 million as of June 2024. On November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. As soon as we receive reliable information from trustworthy sources who was the CEO and chairman of Centerplate Inc. Robert... The next time I comment the net worth and salary of Morehouse College and Howard Dental. Officer of American Express in February 2018, and website in this browser for the next time comment! 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