Ken Chenault Net Worth is$90 Million
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Profession: Chief Executive Officer, Businessperson, Business
Date of Birth: Jun 2, 1951
Nicknames: Kenneth Chenault, Kenneth Irvine Chenault
Ethnicity: African American
Country: United States of America
Ken Chenault is the CEO of Fortune 500 and CEO/Chairman of American Express with the net worth of $90 million. Ken Chenault earned his net worth through his many business dealings and positions. He was born in Long Island, New York.
Kenneth Irvine Chenault (born June 2, 1951, French pronunciation: [?eno]) is an American business executive. He has been the CEO and Chairman of American Express since 2001. He is the third African-American CEO of a Fortune 500 company.
Chenault grew up on Long Island, New York as the son of a dentist and dental hygienist. He attended the alternative Waldorf School of Garden City, where he served as senior class president. He then received B.A. in history from Bowdoin College in 1973, and juris doctor from Harvard Law School in 1976.
After Harvard, he worked as an associate at the law firm Rogers & Wells in New York City, and as a consultant for Bain & Company.
He joined American Express in 1981, working in the Strategic Planning Group. He became president and chief operating officer in 1997. He became CEO of American Express in 2001.
While CEO of American Express in 2007, Chenault earned a total compensation of $50,126,585, and in 2008, he earned a total compensation of $42,752,461. 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.
He is currently co-chair of the Business Roundtable, a director at IBM, and a member at the Council on Foreign Relations. In 1995, Ebony listed him as one of 50 "living pioneers" in the African-American community. Chenault was inducted into the Junior Achievement U.S. Business Hall of Fame in 2002. In 2008, he gave the commencement address at Howard University.
In May 2010, he gave the commencement speech at Wake Forest University and Northeastern University.
On Monday, November 15, 2010, Old North Foundation recognized Chenault with its Third Lantern Award for individual commitment and dedication to public service. The Foundation honored Chenault and American Express for their significant contributions to the preservation efforts of many significant monuments and landma

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Ken Chenault Latest News

Dimon Says New Sapphire Card Cuts Profit by Up to $300 Million in Quarter

American Express Co., the biggest credit-card issuer by customer spending, expects marketing costs to rise by more than 10 percent in 2016, Chief Executive Officer Ken Chenault said Tuesday at the same investor conference. The lender recently expanded ...
Posted: December 6, 2016, 7:34 am

American Express CEO Ken Chenault: ‘There’s a $25 trillion opportunity’

FORTUNE — We are paying for things in new ways ... and downloading films to our Amazon Kindles — without ever pulling the plastic out of our wallets. Yet Ken Chenault plans to insure that American Express AXP remains in the center of every transaction.
Posted: May 21, 2014, 8:04 am

Goldman Sachs Conference: JPMorgan, Bank Of America, Amex Upbeat Heading Into New Year

Meanwhile, American Express Chief Executive Kenneth Chenault wasn’t as upbeat as JPMorgan and Bank of America during his presentation at the Goldman Sachs confab, but he did say international business is up 13 percent in Mexico, 14 percent in the U.K ...
Posted: December 7, 2016, 4:43 am
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