KENNETH I. CHENAULT
He is the Chairman and Chief Executive Officer American Express, a global services, payments, and travel company. He is the third African-American CEO of a Fortune 500 firm. He joined the company in 1981 as Director of Strategic Planning and held several key managerial positions in the company. He became the Chief Operating Officer in 1997, and Chair and CEO in 2001. His notable contribution to the company was he helped in boosting the company’s market share by expanding its customer base.
Before working for the company, he first worked in Rogers & Wells as an associate and in Bain & Company as a consultant.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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