Kenneth Chenault Bio | Wiki
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.
He is the third African-American to occupy the role of CEO at a Fortune 500 company. Currently, he serves as the chairman and managing director of General Catalyst since January 2018. Additionally, he is an active board member at Airbnb and Berkshire Hathaway where he replaced Bill Gates.
Kenneth Chenault Age
He was born on June 2, 1951, in Mineola, New York, in the United States. Chenault is 70 years old and celebrates his birthday on June 2 every year.
Kenneth Chenault Height
He is a man of average stature. Chenault stands at a height of 5 ft 8 in (approx. 1.72m).
Kenneth Chenault Family
He was born in Mineola, New York, in the United States of America to his late father Hortenius Chenault, and mother Anne Chenault. His father was a dentist and dental hygienist who graduated from Morehouse College and Howard University Dental School. He holds American nationality but belongs to the African- American ethnicity.
Kenneth Chenault Wife
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. Chenault, his wife, and their grown children happily live in New York City.
Kenneth Chenault Sons
He is a proud father of his two handsome sons; Kevin Chenault, and Kenneth Jr. Chenault. 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 Chenault House
The duo happily lives in Long Island, New York in a mansion Chenault purchased in 2001 for $7,450,000. Other than their mansion on Long Island they own several homes in different cities including New Rochelle.
Kenneth Chenault Education
He attended Waldorf School, where he was the senior class president. Soon after attaining his diploma, Chenault enrolled at Bowdoin College, where he graduated in 1973 and was awarded his Bachelor of Arts in history. Chenault decided to further his studies hence enrolled at Harvard Law School, where he graduated in 1976 and attained his Juris Doctor degree in history.
Kenneth Chenault Quotes
- “Regular feedback is one of the hardest things to drive through an organization”.
- “Many people don’t focus enough on execution. If you make a commitment to get something done, you need to follow through on that commitment”.
- “At the end of the day because I believe so strongly in leadership, what I look for first, what I try to assess, is integrity”.
- “My message to Washington is very simple. Face reality. Be leaders. Demonstrate accountability. Engage in principle compromise. And understand your job is to find solutions”.
- “I say this all the time: Everyone can make a conscious choice to be a leader”.
- “I was attracted to law school because I believed it would help me prepare for a career in the real world”.
- “You’ve got to develop relationships. You can’t do things just in a formal context”.
- “I’ve always tried to seek out environments with excitement”.
- “Small businesses create half of the jobs in the private sector”.
Ken Chenault Retirement
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. In December 2018, it was announced that on February 13, 2019, Chenault would step down from his board roles at IBM and Procter & Gamble.
Ken Chenault American Express
Chenault officially joined American Express, an American multinational corporation specializing in payment in 1981. He worked at the corporation Strategic Planning Group for sixteen years Chenault was promoted to president and chief operating officer. Due to his hard work, Chenault was finally promoted to Chief Operating Officer in 2001.
As the corporation CEO, Chenault received a compensation of $50,126,585 in 2007, $42,752,461 2008, and $16,617,639 in 2009 which included both his basic salary of $1,201,923, a cash bonus of $10,450,000, and an option grant of $3,985,637. He officially stepped down from his role on February 1, 2018, and was succeeded by Stephen J. Squeri. Upon his retirement, he also announced to step down from his board roles at IBM and Procter & Gamble on February 13, 2019.
Kenneth Chenault American Express | General Catalyst
Chenault publicly announced that he would become the managing director and chairman at General Catalyst. General Catalyst formerly known as General Catalyst Partners is an American venture capital firm mainly focused on investments. That very year in February he joined the board of directors of Facebook. In March 2020, Chenault stepped down from the Facebook board and joined the board of Berkshire Hathaway replacing Bill Gates.
Kenneth Chenault Net Worth
He is an American business executive who previously worked as the CEO and Chairman of American Express in the United States of America. Chenault’s average net worth is $20 million.
How Old Is Kenneth Chenault
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. Therefore, Chenault is 70 years old.
Is Kenneth Chenault Married
Yes, he is a loving and hardworking husband to his beautiful wife Kathryn Chenault and the duo shares two sons.