Part A Career Analysis: Kenneth I. Chenault)

Part A: Introduction Kenneth I. Chenault
In accordance with Bio, Kenneth Chenault was born on June 2, 1951, in Mineola, New York; Chenault was employed as a lawyer prior to transitioning into commercial business, amalgamating with American Express in 1981. Chenault was appointed Chief Executive Officer of American Express in 2001, becoming one of the initial African Americans to command this position in a Fortune 500 corporation.
Part B: Career Overview
Chairman and Chief Executive Officer, American Express Company, April 2001 to present; Chenault becomes a member American Express in 1981 and was nominated President of the United States division of American Express Travel Related Services Company, Inc. in 1993, Vice Chairman of American Express
He inaugurated profitable corporate collaborations with corporations, including Delta Airlines. In 1997, Chenault was appointed president and chief operating officer of American Express, then CEO in 2001. He is credited with guiding the company through the economic and personal devastation of the September 11 attacks in New York, just across the street from American Express headquarters. He is distinguished with steering the corporation through the financial and personal destruction of the September 11 attacks in New York, just transversely the street from American Express headquarters. (Bio,
At the same time as Chenault was taking office as chairman and CEO from Harvey Golub in 2001, the financial prudence commenced to move into a downward spiral. Practically instantaneously, Chenault contend with write-offs of exceeding $1 billion of precarious refuse bond investments at one of its divisions and a recession in the value of American Express stock as conglomerates initiated to rationalize on their operative travel strategies; followed by the events of September 11, 2001. (Bowdoin Magazine,