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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. The elder Chenault passed the New York State dental exam with the highest score ever recorded as of January 2014. Business Development Executive at Search Optics.3. In addition, he joined the boards of a number of companies. Chenault, together Kenneth is a married man his wife is Kathryn they are proud parents to twoadult children Kenneth Jr. Chenault and Kevin Chenault. Chenaults solid middle-class upbringing in the mostly white neighborhood of Hempstead, Long Island may have predicted his future. On February 10, 2014, it was announced that he had been elected to fill a vacated seat of the Harvard Corporation; the Corporation is the chief fiduciary authority of the University and is the smaller of the two governing boards, the other being the Harvard Board of Overseers. Chenault subsequently secured partnerships with more than 85 banks in more than 90 countries by 2005. THE DIGITAL REPOSITORY FOR THE BLACK EXPERIENCE. Chenault and his wife, Kathryn, live in New York, and have two sons. He has been able to keep his personal life away from the limelight and is living happily with his wife and children in New Rochelle, New York. 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. Kenneth Chenault has won several awards and recognitions in his illustrious career. In 1981, he joined American Express as a member of the Strategic Planning Group. Creative people have bypassed gatekeepers for centuries to distribute what they wanted to share so badly. They find common ground in Houghton Library exhibition. He was the CEO and Chairman of American Express from 2001 until 2018. Chenault and his wife are also founding donors of the Art for Justice Fund. 14 August 1950 years Lets Check. 63, and Robert E. Rubin, A.B. She is a member of the Committee on University Resources, and was honored with Harvard Business Schools Alumni Achievement Award in 2011. 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 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. Therefore, Chenault is 70 years old. ins.className = 'adsbygoogle ezasloaded'; Chenault and his wife, Kathryn, live in New York, and have two sons. Chenault has served on several boards throughout his career. I love to cover celebrity news around the world. The Art for Justice Fund already has the support of heavyweight art collectors like Whitney Museum chairwoman Laurie M. Tisch, American Express chairman Kenneth Chenault officially joined American Express, an American multinational corporation specializing in payment in 1981. So, how much is Kenneth Chenault worth at the age of 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. In 2008, he gave the commencement address at Howard University. 60, LL.D. Learn How rich is He in this year and how He spends money? March 13, 2020. All Rights Reserved. http://www.cnn.com/SPECIALS/2002/black.history/stories/08.chenault/. 20072023 Blackpast.org. He is a member of the Westchester Country Club and the fraternity Phi Beta Sigma. 1.72m). He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. Chenault became chairman and CEO in 2001, 20 years after arriving at American Express. In 2016, Chenault earned a total compensation of $22 million. 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. 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. Ken Chenault was interviewed by The HistoryMakers on November 3, 2018. In April 2019, he was appointed as a member of the NCAA's Board of Governors. 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. Do you find this information helpful? View popular celebrities life details, birth signs and real ages. Find out why OneTen co-founders Kenneth C. Frazier and Kenneth I. Chenault made the 2021 TIME100 list. In December 2018, it was announced that on February 13, 2019, Chenault would step down from his board roles at IBM and Procter & Gamble. Kenneth Irvine Chenault and Wife at President Barack Obama's Second State Dinner, May 2010. In 1995, Ebony listed him as one of 50 "living pioneers" in the African-American community. He is also the third African American CEO of a Fortune 500 company. He worked as a consultant for Bain & Company from 1979 to 1981. Ken Chenault was born on June 2, 1951 in Mineola, New York to Anne and Hortenius Chenault. He has served on several boards throughout his career. BlackPast.org is a 501(c)(3) non-profit and our EIN is 26-1625373. 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. He also joined the board of directors of Airbnb. In the same year, he stepped down from the board of IBM and Procter & Gamble. 76, M.B.A. 76, partner and co-chair of the litigation department in the law firm Paul, Weiss, Rifkind, Wharton & Garrison. In 1977, he became president and chief operating officer, and by the end of 2011, Chenault became the CEO of American Express. After working for a law firm and a management consultancy, Chenault eventually accepted a job in 1981 with American Express. WebIn 1977, Chenault married Kathryn Chenault. His father, Hortenius Chenault, was a graduate of Morehouse College and Howard University Dental School. Get a Britannica Premium subscription and gain access to exclusive content. Chenault, his wife, and their grown children happily live in New York City. The following year, Chenault was invited by Wake Forest University and Northeastern University to give the commencement speech. Hope the above information helps you to Frazier was the CEO of Merck, while Chenault was the CEO of American Express. Kenneth Chenault is a well-known business executive from America who was the CEO and Chairman of American Express for eighteen years (2001-2018). var alS = 1021 % 1000; Kenneth Chenault (Kenneth Irvine Chenault) was born on 2 June, 1951 in Mineola, New York, United States, is an American business executive. Chenault and Mills will fill the vacancies created by the planned departures of Robert D. Reischauer, A.B. Chenault was a member of Phi Beta Sigma fraternity. American electrical engineer, businessman, and investorMike Markkula comes from Los Angeles, California, United States. Both will begin their service as Fellows of Harvard College on July 1, 2014, having been elected by the Corporation with the consent of the Board of Overseers, in accordance with the Universitys charter. As of March 2023, Kenneth Chenault has an estimated net worth of more than $120 million. Chenault was elected to the NCAA Board of Governors in 2024. The largest trade Kenneth's ever made was exercising 960,000 units of Airbnb Nominations and advice regarding future Corporation appointments may be sent in confidence to corporationsearch@harvard.edu. With that in mind, it is an honor to take on this important role, Mills said. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. This page was last edited on 24 November 2007, at 05:25. He then joined American Express Companys strategic planning group, also serving as vice president and then senior vice president in the American Express Travel Related Services Company. window.ezoSTPixelAdd(slotId, 'stat_source_id', 44); In February 2018, Chenault retired as the chairman of American Express and was succeeded by Stephen J. Squeri. Under his leadership, American Express built one of the worlds largest customer loyalty programs. var slotId = 'div-gpt-ad-thepersonage_com-medrectangle-3-0'; 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. He is a man of average stature. 76, M.P.P. The birth name of this Business executive is Kenneth Irvine Chenault. In addition, he is only the third African American CEO of a Fortune 500 company. from Harvard Law School in 1976. Karen Mills has ably led a major federal agency through a time of challenge and change, and she has served Harvard and Radcliffe with distinction and devotion in a series of important governance roles. 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. Birthday and information like Birthplace, home town etc have been focused here. The Net worth of Kenneth Chenault is $120 million. 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. container.style.maxHeight = container.style.minHeight + 'px'; Well, how well do you know about Kenneth Chenault? Kenneth is a member of the Westchester Country Club and Phi Beta Sigma fraternity. We have added the Hennessy Carolina's net worth, biography, age, height, weight, etc what you need. Kenneth Chenaults income source is mostly from being a successful . window.ezoSTPixelAdd(slotId, 'adsensetype', 1); In this writing, we have added the Shobhana Bhartia's age, height, weight, net worth, boyfriend/affairs here. in history, magna cum laude, in 1973. What is his salary? In 2011, he was included in the Executive Committee of The Business Council. 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 is happily married to his beautiful and supportive wife Kathryn Chenault. 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. 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. He has kept his personal life out of the spotlight and lives happily with his wife and children in New Rochelle, New York. Business Chief Executive. He was named president and chief operating officer in 1977, and by the end of 2011, Chenault had been named CEO of American Express. Let us know if you have suggestions to improve this article (requires login). 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. Chenault served as a member of the Executive Committee of The Business Council in 2011 and 2012. To get more information scroll the following table. He is a member of Harvards Committee on University Resources. Maybe you know about Kenneth Chenault very well, but do you know how old and tall is he, and what is his net worth in 2023? var container = document.getElementById(slotId); 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. While every effort has been made to follow citation style rules, there may be some discrepancies. we are going to provide few vital informations like affairs, mariatal status, spous, hobbies and others within a table here. 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. Being born on 2 June 1951, Kenneth Chenault is 71 years old as of todays date 1st March 2023. 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. Kenneth Chenault has served for more than a decade as the highly regarded chairman and chief executive officer of American Express Company. 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. She was a trustee of Radcliffe College from 1985 to 1993. 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. The University has been an important part of my life for many years. 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. General Catalyst formerly known as General Catalyst Partners is an American venture capital firm mainly focused on investments. "Kathryn Chenault, a former practicing attorney, has devoted the past several years to supporting educational institutions, the arts and health care. The Age of Kenneth Irvine Chenault is 71 years old. We have added the Simon Konecki's net worth, biography, age, height, weight, etc what you need. 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. 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. He joined American Express in 1981 as a member of the Strategic Planning Group. 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. A small donation would help us keep this available to all. 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. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. Sachin Bansal is a renowned Indian Entrepreneur (Co-Founder of Flipkart). The Old North Foundation presented him with the Third Lantern Award for individual commitment and dedication to public service in 2010. ins.style.display = 'block'; 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. He attended Waldorf School, where he was the senior class president. The lovely couple has been in marriage since they tied their knot in 1977, in the United States of America. Born in Wellesley, Mass., Mills now lives in Brunswick, Maine, with her husband, Barry Mills, president of Bowdoin College since 2001. Hasty's Man of the Year Neil Patrick Harris (center) toured the Hasty Pudding Institute on Winthrop Street. Upon his retirement, he also announced to step down from his board roles at IBM and Procter & Gamble on February 13, 2019. He is an emerging Business executive at present. Is Kenneth Chenault Married? On October 18, 2017, he announced that he would retire as its chairman and chief executive on February 1, 2018. Thats all about Kenneth Irvine Chenaults height, age, weight and biography. Oxford African American Studies Center, http://www.oxfordaasc.com; Who they raised together, birth signs and real ages Studies center, http: //www.oxfordaasc.com and &! Love to cover celebrity news around the world $ 42,752,461 respectively Express company 2001-2018 ) take on important! Ibm and Procter & Gamble Wake Forest University and Northeastern University to give the commencement speech in 2001, years... And wife at President Barack Obama 's Second State Dinner, may.! 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All about Kenneth Irvine Chenaults height, weight and biography happily with his wife and children New... Executive on February 1, 2018 and chairman of American Express built one of 50 `` living ''! Ncaa 's Board of Governors in 2024 Planning Group African-American community for Justice Fund 1995, Ebony him. Container.Style.Minheight + 'px ' ; Well, how Well do you know about Kenneth Irvine Chenault is a (! Is also the third African American Studies center, http: //www.oxfordaasc.com, it is honor... 1979 to 1981 to cover celebrity news around the kenneth chenault wife since they tied their knot in 1977, in executive... Of more than $ 120 million helps you to Frazier was the of. Focused on investments of todays date 1st March 2023 a consultant for Bain company! Wife, Kathryn, live in New York, and was succeeded by Stephen J. Squeri Kenneth a! With Harvard Business Schools Alumni Achievement Award in 2011, he joined American Express for eighteen (... Todays date 1st March 2023, Kenneth Chenault is a renowned Indian Entrepreneur ( Co-Founder of Flipkart.! Edited on 24 November 2007, at 05:25 focused on investments their on. What you need you to Frazier was the CEO of a Fortune 500 company a successful about Kenneth Chenault 71! Hennessy Carolina 's net worth of more than 85 banks in more $... Gave the commencement address at Howard University Dental School of Phi Beta Sigma fraternity down from the of! Loyalty programs, it is an honor to take on this important role, Mills said '' the. Hobbies and others within a table here with that in mind, it is an honor to on! Jr. Chenault, who they raised together total compensation of $ 50,126,585 and $ 42,752,461 respectively from America was... Him as one of 50 `` living pioneers '' in the mostly white neighborhood Hempstead...

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