Ken Chenault to join General Catalyst as chairman and a managing director, making him one of the most powerful venture capitalists.
Mr. Chenault spent the last 17 years as Chairman and CEO of American Express and was recently appointed to the boards of Airbnb and Facebook.
As a managing director at General Catalyst, Mr. Chenault will focus on investing in fast-growing companies that have the potential to become large, fundamental institutions.
As chairman, he will use his renowned leadership skills and experience to continue to evolve GC into a formidable and enduring firm.
“GC is not just a top VC firm with powerful personalities. They are in it to win for all the right reasons,” said Mr. Chenault.
General Catalyst is an American venture capital firm focused on early stage and growth investments.