Kenneth Chenault
Kenneth Chenault
Kenneth Irvine Chenaultis an American business executive. He has been the CEO and Chairman of American Express since 2001. He is the third black CEO of a Fortune 500 company...
NationalityAmerican
ProfessionBusinessman
Date of Birth2 June 1951
CountryUnited States of America
affluent bankruptcy businesses card continuing corporate effect exceeded fourth higher impact last members met offset operations pro quarter results return small spending spike targets
Fourth quarter results from continuing operations met or exceeded our long-term targets for earnings, revenues and, on a pro forma basis, return on equity. Higher spending by affluent consumers, small businesses and corporate Card members more than offset the impact of an industry-wide spike in bankruptcy filings before new legislation went into effect last October.
banks choice free light number plan possible resume
In light of this decision, we plan to resume our conversations with a number of banks -- now free to make a choice -- about possible card-issuing ventures,
develop formal
You've got to develop relationships. You can't do things just in a formal context.
businesses half private
Small businesses create half of the jobs in the private sector.
regular
Regular feedback is one of the hardest things to drive through an organization.
engage face job message principle understand washington
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.
business companies focused model pursue
Companies will need to pursue a more diversified business model, but I think those companies that have what I call a focused diversified business model will be more successful.
businesses owned people small support
If people support independently owned small businesses in their community, they can make a difference.
attracted believed prepare school
I was attracted to law school because I believed it would help me prepare for a career in the real world.
conscious time
I say this all the time: Everyone can make a conscious choice to be a leader.
plans possibly public
My plans were to practice law and then possibly go into public service.
card change clearly credit industry policies reforms reputation
There are clearly some policies that need to change, and the reputation of the credit card industry is not high. Reforms need to take place.
common gone incredible states united washington
My message to Washington is the United States has gone through incredible crises, and our leaders have been able to find common ground. And that's what our leaders have to do.
adhere challenges control obstacles performance points respect strong throughout tried
There was a strong focus on performance and respect for people. And one of the points that my father always made was that with all the challenges and obstacles and barriers, the one thing you can control is your performance. And that is one thing I have tried to adhere to throughout my career.