- Angela Chao, CEO of Foremost Group, died in a automotive accident in Texas, the corporate stated.
- Chao assumed management of the corporate from her father, James S.C. Chao, in 2018.
- Chao was married to enterprise capitalist Jim Breyer and was the sister of Elaine Chao.
Angela Chao, 50, chair and CEO of the transport firm the Foremost Group, died in a automotive crash in Texas on Sunday, the corporate stated.
She grew to become CEO of the corporate in 2018, taking on from her father, James S.C. Chao, who based the Foremost Group.
She was married to Jim Breyer, the enterprise capitalist founding father of Breyer Capital.
Angela Chao was additionally the sister of Elaine Chao, who’s married to Senate Minority Chief Mitch McConnell. Elaine Chao served as labor secretary below former President George W. Bush and transportation secretary below former President Donald Trump.
“Angela Chao was a formidable govt and transport business chief, in addition to a proud and loving daughter, sister, aunt, spouse, and mom,” the Foremost Group stated in a press release. “She was additionally a precocious teenager, studying in regards to the transport business at an early age as she lovingly adopted her father round throughout ‘Take Your Daughter to Work’ days on his ships.”
Chao’s household confirmed her demise in a press release supplied to Enterprise Insider.
“Angela is an excellent girl, a charismatic and visionary chief, and much-loved by all her sisters, our whole household and mates,” James S.C. Chao stated within the assertion. “Dropping her at such a younger age is one thing we by no means imagined, and our whole household is devastated with grief.”
“We’re particularly gratified by Angela’s devoted service to the Asian-American neighborhood. Though born in America, she by no means forgot her roots and all through her life helped construct bridges of understanding between East and West,” he added.
Chao, who was born in New York in 1973, served on the boards of American and Chinese language teams, together with the American Bureau of Transport Council, the Financial institution of China, and a holding firm for China State Shipbuilding.
