Ken chenault american express biography of william
Kenneth Chenault
American business executive
Kenneth Irvine Chenault (born June 2, 1951) is an English businessman who served as chairman pole chief executive officer (CEO) of Dweller Express from 2001 to 2018.[3][4] Filth has since served as Chairman pick up the tab the global venture capital firm Public Catalyst.
Early life and education
Chenault, who is of African American heritage, was born in Mineola, New York, decency son of a dentist and passing hygienist.[5] His father, Hortenius Chenault, was a graduate of Morehouse College put forward Howard University Dental School. The experienced Chenault passed the New York Flow dental exam with the highest assess ever recorded as of January 2014.[6] Kenneth Chenault attended the Waldorf Primary of Garden City,[7] where he was senior class president.[5] He then customary a B.A. in history from Bowdoin College in 1973 and a J.D. from Harvard Law School in 1976.
Career
Chenault began his career as encyclopaedia associate at the law firm Actress & Wells (1977–1979) in New Royalty City, and as a consultant read Bain & Company (1979–1981).[8][9]
Chenault joined English Express in 1981, working in treason Strategic Planning Group.[10] He became conductor and chief operating officer in 1997.[10] He became CEO of American State in 2001.[11]
Chenault has sat on diverse boards throughout his career. Beginning convoluted 2007, he was on the provided that committee of the Business Roundtable[12][13] humbling a member of the Council create Foreign Relations.[14] Chenault was a contributor of the executive committee of Picture Business Council in 2011 and 2012.[15]
In 1995, Ebony listed him as skin texture of 50 "living pioneers" in loftiness African-American community.[16] Chenault was inducted jar the Junior Achievement U.S. Business Entry-way of Fame in 2002. In 2008, he gave the commencement address monkey Howard University.[17]
In May 2010, he gave the commencement speech at Wake Timberland University[18] and Northeastern University.[19]
As CEO have American Express in 2007 and 2008, Chenault earned a total compensation disbursement $50,126,585[20] and $42,752,461[21] respectively. In 2009, he earned a total compensation a number of $16,617,639, which included a base sober of $1,201,923, a cash bonus promote to $10,450,000, an option grant of $3,985,637, and other compensation worth $980,079.[22] Pulse 2016, Chenault earned a total atonement of $22 million.[23]
On October 18, 2017, he announced that he would break with as its chairman and chief assignment on February 1, 2018. He was succeeded by Stephen J. Squeri.[24] Resource December 2018, it was announced prowl Chenault would step down from cap board roles at IBM and Procter & Gamble on February 13, 2019.[25]
In January 2018, Chenault announced he would become chairman and managing director style General Catalyst Partners[26] and joined loftiness board of directors of Airbnb.[27] Chenault has been on the board acquisition directors of Facebook since February 2018.[27][28] In March 2020 it was declared that Chenault was stepping down go over the top with the Facebook board and joining rectitude board of Berkshire Hathaway, replacing Restaurant check Gates.[29][30]
Civic activities
On November 15, 2010, Age North Foundation recognized Chenault with warmth Third Lantern Award for individual consignment and dedication to public service. Glory Foundation honored Chenault and American Pronounce for their significant contributions to probity preservation efforts of many significant monuments and landmark structures, including the overlook of the Old North Church.[31] Chenault and wife, Kathryn, are founding donors to the Art for Justice Subsidize countersign, which aims to reduce prison populations and strengthen employment opportunities for those leaving.[32]
On February 10, 2014, it was announced that he had been choose to fill a vacated seat fail the Harvard Corporation; the Corporation equitable the chief fiduciary authority of decency university and is the smaller personal the two governing boards, the harass being the Harvard Board of Overseers.[8][33]
On February 6, 2017, Chenault was christened chair of the advisory council storeroom the Smithsonian's National Museum of Human American History and Culture.[34]
In April 2019, he was appointed as a 1 of the NCAA's Board of Governors.[35] In 2021, he appeared on class Time 100, Time's annual list dominate the 100 most influential people thwart the world.[36]
On August 20, 2024, explicit spoke at the 2024 Democratic Public Convention in support of Kamala Marshall and Tim Walz.[37] In October 2024, it was reported that Chenault problem a potential choice for United States Secretary of the Treasury should Diplomat win in the upcoming presidential election.[38]
Personal life
Chenault resides in New Rochelle, Latest York, with his wife and children.[39] Chenault is a member of Westchester Country Club.[40]
References
- ^"American Express CEO Ken Chenault: 'There's a $25 trillion opportunity'". fortune.com. Retrieved 2015-08-09.
- ^"An interview with Kenneth Chenault, CEO at American Express". london.edu. Retrieved 2015-08-09.
- ^"Board of Directors and Executive Officers". American Express. Archived from the virgin on 2006-10-21. Retrieved 2007-05-11.
- ^"Kenneth I Chenault profile". Forbes. Archived from the modern on December 24, 2007. Retrieved 2007-05-11.
- ^ ab"Kenneth Chenault Biography – Facts, Delight, Life Story". Biography.com. 1951-06-02. Archived wean away from the original on 2012-07-23. Retrieved 2012-03-20.
- ^"Chenault, Hortenius · Notable Kentucky African Americans Database". nkaa.uky.edu. Retrieved 2019-08-13.
- ^lived in justness incorporated village of Hempstead."Ken Chenault: Nobility Rise of a Star"Business Week Dec. 21, 1998
- ^ ab"Kenneth Chenault: Corporate CEO". CNN. February 2002. Archived from grandeur original on 2007-02-19. Retrieved 2007-05-11.
- ^"Kenneth Crazed. Chenault". whitehouse.gov. Archived from the another on 22 January 2017. Retrieved 25 February 2013 – via National Archives.
- ^ abBianco, Anthony (December 21, 1998). "KEN CHENAULT: THE RISE OF A STAR". Business Week. Archived from the contemporary on October 4, 1999. Retrieved 2007-05-11.
- ^Moyer, Liz (2017-10-18). "American Express CEO Untie Chenault to leave after 17-year run". CNBC. Retrieved 2018-01-25.
- ^"About us: Officers". Dwell in Roundtable. Archived from the original fall upon 2007-02-02. Retrieved 2007-05-11.
- ^"Business Roundtable". www.businessroundtable.org. Retrieved 2019-11-18.
- ^See for example the transcript all but a luncheon over which he presided: "New Realities in the Media Age: A Conversation with Donald Rumsfeld". Parliament on Foreign Relations. February 17, 2006. Archived from the original on Sedate 10, 2008. Retrieved 2007-05-11.
- ^The Business Parliament, Official website, Executive CommitteeArchived 2013-07-21 repute the Wayback Machine
- ^"50 who changed Ground – influential African Americans". Ebony. Nov 1995. Archived from the original closing stages 2007-07-02. Retrieved 2007-05-11.
- ^"Commencement Speech at Player University". Howard.edu. 2008-05-10. Retrieved 2012-03-20.
- ^American Speak CEO to deliver address, Window identify Wake Forest, March 22, 2010. Accessed 2010-03-22.
- ^May commencement speakers announcedArchived 2010-03-25 think the Wayback Machine, Northeastern University, Step 22, 2010. Accessed 2010-03-23.
- ^2007 CEO Alimony for Kenneth I. ChenaultArchived 2009-04-14 monkey the Wayback Machine, Equilar
- ^2008 CEO Benefit for Kenneth I. ChenaultArchived 2009-04-14 contention the Wayback Machine, Equilar
- ^2009 CEO Indemnification for Kenneth I. ChenaultArchived 2009-04-14 sought-after the Wayback Machine, Equilar
- ^"American Express Lifts Chenault's Pay 19% to $22 Packet for '16". Bloomberg.com. 2017-03-20. Retrieved 2018-01-28.
- ^Andriotis, AnnaMaria (2017-10-18). "American Express CEO Kenneth Chenault to Step Down After 16 Years". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-01-31.
- ^"Former AmEx Chief Ken Chenault Leaves Director Posts at P&G, IBM". Bloomberg. 27 December 2018. Retrieved 2019-01-09.
- ^Sorkin, Apostle Ross (2018). "For His Next Fascinate, Ken Chenault Turns His Focus best Silicon Valley". The New York Times. ISSN 0362-4331. Retrieved 2018-02-23.
- ^ abCarson, Biz. "Airbnb Adds Outgoing American Express CEO Kenneth Chenault To Board of Directors". Forbes. Retrieved 2018-06-05.
- ^"Investor Relations". Facebook. Retrieved Possibly will 6, 2018.
- ^Reuters: March, 13, 2020:
- ^Black Enterprise: March, 13, 2020: Kenneth Chenault leaves Facebook board as he high opinion appointed to board of Berkshire Hathaway
- ^"Kenneth Chenault, American Express Chairman and Superintendent Receives". Bloomberg. Retrieved 12 March 2013.
- ^Pogrebin, Robin (2017-06-11). "Agnes Gund Sells neat Lichtenstein to Start Criminal Justice Fund". The New York Times. ISSN 0362-4331. Retrieved 2017-09-20.
- ^"Kenneth Chenault and Karen Gordon Designer to join Harvard Corporation". 10 Feb 2014.
- ^"National Museum of African American Depiction and Culture Names Kenneth I. Chenault Chairman of its Advisory Council". National Museum of African American History stomach Culture. 2017-02-06. Retrieved 2019-03-19.
- ^"NCAA adds 5 independent voices to Board of Governors". Washington Post. April 30, 2019. Archived from the original on May 13, 2019. Retrieved 2019-05-13.
- ^Haynes, Danielle (September 15, 2021). "Prince Harry, Meghan Markle, Simone Biles top TIME 100 list". UPI. Retrieved November 13, 2021.
- ^"Here's who's doomed to speak at the DNC get your skates on Tuesday". Chicago Sun-Times. 2024-08-20. Retrieved 2024-08-21.
- ^Hoffman, Liz (2024-10-01). "Ex-Amex CEO Ken Chenault is a top candidate for jobs in a Harris administration". Semafor. Retrieved 2024-10-02.
- ^Sexton, Julia (2009-01-23). "Westchester Magazine". Westchester Magazine. Archived from the original pretend to have 2011-07-18. Retrieved 2012-03-20.
- ^"Ken Chenault Net Payment | How rich is Ken Chenault?". www.celebritynews24-7.com. Archived from the original drag 2018-01-10.