Ken Chennao net worth
Ken Chenault Net Worth and Salary: Ken Chenault is an American business executive who is the CEO and Chairman of American Express and has a net worth of $110 million. Ken Chenault was born on June 2, 1951 in Mineola, Nassau County, New York, where he attended Waldorf School with a bachelor’s degree
He received his Ph.D. in History from Bowdoin College in 1973 and his Juris Doctor degree from Harvard Law School in 1976. After graduating from Harvard, he was an associate at Rogers & Wells LLP from 1977 to 1979 and a consultant to Bain & Company from 1979 to 1981. He joined American Express in 1981 and worked in the strategic planning group. In 1995, Ebony Magazine listed him as one of the 50 living pioneers of the African American community. He became President and Chief Operating Officer in 1997. He became CEO of American Express in 2001. He is the third African-American CEO of a Fortune 500 company. While serving as CEO of American Express in 2007, Chenault’s total compensation was $50,126,585, and in 2008, his total compensation was $42,752,461. In 2009, his total compensation was $16,617,639, which included base salary of $1,201,923, cash bonuses of $10,450,000, option grants of $3,985,637 and other compensation valued at $980,079. He lives in New Rochelle, Westchester County, New York, with his wife and children.
