WebKenneth 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 Thats all about Kenneth Irvine Chenaults height, age, weight and biography. In April 2019, he was appointed as a member of the NCAA's Board of Governors. 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. Im honored to be returning to Harvard and joining the Corporation, said Chenault. Currently, he serves as the chairman and managing director of General Catalyst since January 2018. In addition, he is only the third African American CEO of a Fortune 500 company. 76, M.B.A. 76, partner and co-chair of the litigation department in the law firm Paul, Weiss, Rifkind, Wharton & Garrison. Save my name, email, and website in this browser for the next time I comment. [1]. On November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. Kenneth Chenault height is 1.72 m. He current weight is 81 kg. Kenneth also sits on the board of number of other companies this includes Berkshire Hathaway and Airbnb. 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. Chenault became chairman and CEO in 2001, 20 years after arriving at American Express. Sachin Bansal is a renowned Indian Entrepreneur (Co-Founder of Flipkart). Kenneth was appointed on April 2019 as a member of the NCAAs Board of Governors. ins.id = slotId + '-asloaded'; While Chenault drew praise for guiding American Express through the crisis, the company subsequently faced declining revenue amid increased competition and the end of partnerships with Costco Wholesale Corporation and JetBlue in 2015. In 2010, he was given the Third Lantern Award for individual commitment and dedication to public service by the Old North Foundation. He worked as a consultant for Bain & Company from 1979 to 1981. Some of the fans love to know about the physical status of their favorite celebrities. His father was a dentist and hygienist who attended Morehouse College and Howard University Dental School. Chenault is 70 years oldand celebrates his birthday on June 2 every year. The following year, Chenault was invited by Wake Forest University and Northeastern University to give the commencement speech. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. He is a member of famous with the age 71 years old group. 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. If not much, here is what we know about Kenneth Chenault to date. He is the third African-American to occupy the role of CEO at a Fortune 500 company. It is among the largest gifts from an honorary degree recipient in the institutions history. In 1981, he joined American Express as a member of the Strategic Planning Group. He also completed his Juris Doctor degree from Harvard Law School in 1976. Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame in 2002. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. Kenneth is an English give name its the name from a byname meaning handsome comely. He married on May 23, 1941, to Ruth Richmond. 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. Occupation(s): His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. The couple enjoys each others company; Kenneth never leaves his wife behind when attending prominent business events. Hope the above information helps you to know about him. Do you have any interest about Kenneth Irvine Chenaults marital life? His father passed the New York State dental exam with the highest score ever recorded, which was not broken till 2014. Well, how well do you know about Kenneth Chenault? Kenneth Chenaultwas born on June 2, 1951, and is 71 years old as of 2024. In this writing, we have added the Joel Schiffman's age, height, weight, net worth, girlfriend/affairs here. You will get the full biography of Kenneth Chenault here. He is a member of the Westchester 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. Kenneth Chenaultis a well-known American business executive who served as CEO and Chairman of American Express for eighteen years (2001-2018). Hope the above information helps you to Under his leadership, American Express built one of the worlds largest customer loyalty programs. His height is 1.72 m tall, and his weight is 81 kg. They write new content and verify and edit content received from contributors. 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. So, how much is Kenneth Chenault worth at the age of He attended and graduated from Waldorf School before earning his B.A. 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. Omissions? Kenneth has also served as the CEO and chairman of American Express from 2001 until 2018. degree in history from Bowdoin College in 1973 and his J.D. In 2020, he stepped down from the Facebook board and replaced Bill Gates on the board of multinational conglomerate holding company Berkshire Hathaway. Chenault was a member of Phi Beta Sigma fraternity. Soon after attaining his diploma, Chenault enrolled at Bowdoin College, where he graduated in 1973 and was awarded his Bachelor of Arts in history. In this writing, we have added the Sachin Bansal's age, height, weight, net worth, girlfriend/affairs. 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 served as a member of the Executive Committee of The Business Council in 2011 and 2012. How Do I Fill out a Z83 Form Online for Free? He resigned from the boards of IBM and Procter & Gamble the same year. 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. Age:
He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. We recommend you to check the complete list of Famous People born on 2 June. In 2018, he also served on Facebooks board of directors. 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. 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 1995, he was named vice chairman of American Express before becoming president and chief operating officer in 1997. Chenaults 1977 marriage to Kathryn Cassell, an attorney with the United Negro College Fund, produced two sons, Kenneth Jr. and Kevin. Under his leadership, American Express has advanced its position as one of the worlds most prominent global services companies. He attended Waldorf School, where he was the senior class president. Kenneth Chenaults net worthis estimated to be more than $120 million as of June 2024. 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. The Art for Justice Fund already has the support of heavyweight art collectors like Whitney Museum chairwoman Laurie M. Tisch, American Express chairman Kenneth Our editors will review what youve submitted and determine whether to revise the article. She has remained an active and dedicated alumna, including prior service in key governance roles. The Old North Foundation presented him with the Third Lantern Award for individual commitment and dedication to public service in 2010. They have three sons, William, Henry, and George, who is currently a junior at Harvard. 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. He is a man of average stature. 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 Chenault and Mills will fill the vacancies created by the planned departures of Robert D. Reischauer, A.B. 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. 01, co-chairman of the Council on Foreign Relations and former U.S. Secretary of the Treasury; and Theodore V. Wells Jr., J.D. 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