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. WebChenault holds a JD from Harvard Law School and a BA in history from Bowdoin College. He left being the chairman and CEO OF American Express company after serving there for 37 years and joined venture capital firm General Catalyst. Under his leadership, American Express has advanced its position as one of the worlds most prominent global services companies. He began his career as an associate and worked his way up to the position of CEO of American Express through hard work, dedication, and passion. He went on to Bowdoin College, where he received his B.A. "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 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 has also served as the CEO and chairman of American Express from 2001 until 2018. Mills recently resumed her role as president of MMP Group, a private equity firm based in Maine, a position she held before her time at the SBA. We have estimated He was appointed Chair of the Advisory Council for the Smithsonian Institutions National Museum of African American History and Culture in 2017. in 1976. Though it is impossible to get the exact information about salary and assets. 67, M.B.A. 71, chairman of Centerplate Inc.; Robert D. Reischauer (senior fellow), A.B. Chenaults average net worth is $20 million. Wiki, Age, Wife, Height, Net Worth, Ethnicity. He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. Richard Sobel, Chenault, Kenneth Irvine African American National This effort led to legal disputes with the banking associations of rival credit-card companies MasterCard International, Inc. (now MasterCard Worldwide) and Visa USA (now Visa, Inc.), which prohibited their member banks from issuing cards through rival companies. In 2016, Chenault earned a total compensation of $22 million. They have two children, Kevin Chenault and Kenneth Jr. Chenault, who they raised together. All Rights Reserved. He is a member of Harvards Committee on University Resources. Facebook today announced that Kenneth Chenault, Chairman and Managing Director at General Catalyst, will not stand for re-election to the Board of Directors of the Company at the Companys 2020 Annual Meeting of Stockholders, in order to pursue other opportunities. In January 2018, Chenault announced he would become chairman and managing director of General Catalyst Partners and joined the board of directors of Airbnb. Save my name, email, and website in this browser for the next time I comment. The elder Chenault passed the New York State dental exam with the highest score ever recorded as of January 2014. 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. Updates? (hon.) Kenneth values education he attended the Waldorf School of Garden City he also served as a senior class president. Later, Chenault became the chairman and MD of venture capital firm General Catalyst Partners. The value of weight can be changed anytime. Kenneth is a member of the Westchester Country Club and Phi Beta Sigma fraternity. Kenneth Irvine Chenault (born June 2, 1951) is an American business executive. He is also the third African American CEO of a Fortune 500 company. Birth Date: He is the third African-American to occupy the role of CEO at a Fortune 500 company. Kenneth Chenault has received numerous awards and recognitions throughout his distinguished career. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to two adult children Kenneth Jr. Chenault and Kevin Chenault. Chenault, his wife, and their grown children happily live in New York City. Kenneth Chenaultwas born on June 2, 1951, and is 71 years old as of 2024. container.style.maxWidth = container.style.minWidth + 'px'; In 1981, he joined American Express he became president and chief operating officer and also became CEO of American Express in 2001. var ffid = 1; 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. container.appendChild(ins); 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. He also completed his Juris Doctor degree from Harvard Law School in 1976. Chenault became chairman and CEO in 2001, 20 years after arriving at American Express. Well, Kenneth Chenaults age is 71 years old as of todays date 1st March 2023 having been born on 2 June 1951. Kenneth also sits on the board of number of other companies this includes Berkshire Hathaway and Airbnb. Kenneth I. Chenault, J.D.76, and Karen Gordon Mills, A.B. You have entered an incorrect email address! In February 2018, Chenault retired as the chairman of American Express and was succeeded by Stephen J. Squeri. Chenault also amassed a sizable fortune by serving on the boards of several multinational corporations, including Facebook, IBM, Procter & Gamble, Berkshire Hathaway, and many others. [1] "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting Soon after attaining his diploma, Chenault enrolled at Bowdoin College, where he graduated in 1973 and was awarded his Bachelor of Arts in history. Kenneth Irvine Chenault and Wife at President Barack Obama's Second State Dinner, May 2010. Find out why OneTen co-founders Kenneth C. Frazier and Kenneth I. Chenault made the 2021 TIME100 list. Hope the above information helps you to know about him. Let us know if you have suggestions to improve this article (requires login). Also learn how He earned most of networth at the age of 69 years old? Learn How rich is He in this year and how He spends money? Kenneth Chenault (Kenneth Irvine Chenault) was born on 2 June, 1951 in Mineola, New York, United States, is an American business executive. In 2003, however, a federal appeals court upheld a lower court ruling that required MasterCard and Visa to eliminate their prohibitory rules. Simon Konecki is Businessperson from New York, United States. He was made the head of Harvard Corporation in 2014. 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. With that in mind, it is an honor to take on this important role, Mills said. A small donation would help us keep this available to all. To get more information scroll the following table. Corrections? From 1979 to 1981, he worked as a consultant for Bain & Company. He was born on June 2, 1951, in Mineola, New York, in the United States. Chenault officially joined American Express, an American multinational corporation specializing in payment in 1981. Chenault was born in Mineola, New York, Nassau County, the son of a dentist and dental hygienist. The consent submitted will only be used for data processing originating from this website. 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 received the highest ever recorded score on the New York State dental exam, which was not broken until 2014. Manage Settings We love to hear from you. Full Name/Real Name: Im honored to be returning to Harvard and joining the Corporation, said Chenault. 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. 72, will succeed Reischauer as the Corporations senior fellow. Few controversial facts have also been provided here. 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. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. 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.. After overseeing various initiatives that helped restore investors confidence, Chenault announced in 2017 that he was stepping down as CEO. BlackPast.org is a 501(c)(3) non-profit and our EIN is 26-1625373. He was only one of five African-Americanstoserve as a CEO of a Fortune500 company. If there are any wrong information. Their son Kenneth is a graduate of Harvard College, Class of 2012, and their son Kevin is currently a senior at Harvard College. He is now 71 years old. window.ezoSTPixelAdd(slotId, 'adsensetype', 1); var alS = 1021 % 1000; Hasty's Man of the Year Neil Patrick Harris (center) toured the Hasty Pudding Institute on Winthrop Street. At the same time, he served at WayUp as an Enterprise Account Executive and at Global Infrastructure Partners as an Associate. They write new content and verify and edit content received from contributors. 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. Chenault and his wife are founding donors to the Art for Justice Fund the aim to reduce prison populations and also strengthen employment opportunities for those leaving, In 2014 February he was elected to fill a vacated seat of the Harvard Corporation its the chief fiduciary authority of the University is the smaller of the two governing boards. Most recently Kathryn has joined forces with other volunteers to raise money for the annual UNICEF Snowflake Gala to benefit Katrina victims as well as children around the world "Kathryn Chenault was elected to the Tufts University Board of Trustees in 1998. ins.dataset.adChannel = cid; let us know through comments or using our contact section. General Catalyst formerly known as General Catalyst Partners is an American venture capital firm mainly focused on investments. 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. Chenault graduated from the Waldorf School of Garden City, where he was class president. Kenneth Irvine Chenaultwas born in Mineola, New York, to parents Hortenius Chenault and Anne Chenault on June 2, 1951. 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. We have added the Simon Konecki's net worth, biography, age, height, weight, etc what you need. 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. His height is 1.72 m tall, and his weight is 81 kg. He attended Waldorf School, where he was the senior class president. Creative people have bypassed gatekeepers for centuries to distribute what they wanted to share so badly. They find common ground in Houghton Library exhibition. 75, M.B.A. 82, co-CEO of Madison Dearborn Partners; Susan L. Graham, A.B. 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 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. ins.id = slotId + '-asloaded'; Shobhana Bhartia is Entrepreneur, Politician from Kolkata, West Bengal. 20072023 Blackpast.org. Do you curious about the net worth of Kenneth Chenault? 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. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. 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. This is enough to prove that he is not gay. In this writing, we have added the Amancio Ortega's age, height, weight, net worth, girlfriend/affairs here. Discover today's celebrity birthdays and explore famous people who share your birthday. The couple enjoys each others company; Kenneth never leaves his wife behind when attending prominent business events. His total compensation had risen to $16 million per year by the end of 2016. Kenneth Chenault started his career as an associate at the law firm Rogers & Wells in 1977. 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. American businessman and investorSteve Ballmer comes from Detroit, Michigan, United States. How Do I Fill out a Z83 Form Online for Free? He is happily married to his beautiful and supportive wife Kathryn Chenault. The lovely couple has been in marriage since they tied their knot in 1977, in the United States of America. Do you find this information helpful? Kenneth Chenault ABNB stock SEC Form 4 insiders trading. ins.style.width = '100%'; 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. He is the third African American CEO of a Fortune 500 company. Who Is Kenneth Chenault? The birth name of this Business executive is Kenneth Irvine Chenault. I am a journalist by profession. The following year, Chenault was invited by Wake Forest University and Northeastern University to give the commencement speech. Chenaults 1977 marriage to Kathryn Cassell, an attorney with the United Negro College Fund, produced two sons, Kenneth Jr. and Kevin. 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. 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. 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. Is Kenneth Chenault Married? He held this position until 2018, when he was named chairman and managing director of General Catalyst Partners. 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. Eliminate their prohibitory rules for 37 years and joined venture capital firm General Catalyst formerly as. He officially stepped down from his role on February 1, 2018, Chenault as! 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