Angela Chao (1973 โ February 11, 2024) was an American businesswoman and philanthropist who held the position of CEO at the Foremost Group. She was a notable figure with a diverse professional background.
She holds the position of Vice Chair and Senior Independent Director at a financial institution, having joined the board in June 2014. Angela is also a solicitor and former partner at Pinsent Masons, where she contributed her wealth of legal expertise.
Furthermore, she serves as a non-executive director on the Board of the Financial Reporting Council and actively participates in various committees focusing on audit, risk, supervision, and conduct. Angela’s extensive experience in governance, risk management, and strategy renders her a valuable asset in the financial sector.
Angela Chaoโs Relationship Status: Married
Angela Chao, the CEO of Foremost Group, a shipping company founded by her father, had two marriages in her lifetime. Her first husband was Bruce Wasserstein, a businessman who served as the chairman and CEO of Lazard, an investment bank. They married in January 2009, but tragically, Wasserstein passed away in October 2009 due to a brain hemorrhage.
Her second husband was Jim Breyer, a venture capitalist and the founder and CEO of Breyer Capital, an investment firm. They married in 2012 and had a son together. Breyer is also notable for being an early investor in Facebook and other tech companies.
Fans have been curious to know about Angela Chao husband at the time of her marriage and the one she had been married to for the first time. Let’s take a deeper look into her married life to learn more:ย
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Angela Chaoโs Husband At the Time of Her Death: Jim Breyer
Angela Chao and Jim Breyer’s relationship blossomed due to their mutual interest in and support of the arts. While the exact timeline of their first meeting is unspecified, they eventually married in 2012, marking a significant milestone in their personal lives.
Angela Chao, renowned as the Chair and CEO of Foremost Group, and Jim Breyer, a prominent American venture capitalist, shared a connection that went beyond their professional endeavors.
Their partnership reflected a fusion of shared values, philanthropic efforts, and a dedication to cultural understanding and collaboration. Angela Chao’s visionary leadership and Jim Breyer’s success in the venture capital industry intertwined with their relationship, creating a dynamic bond that resonated within their family and broader society.
Angela Chaoโs Ex husband: Bruce Wasserstein
Angela Chao’s first marriage was to billionaire banker Bruce Wasserstein in 2009, but their union was brief, lasting only about a year. Tragically, Wasserstein passed away in the same year they were married, following complications from a hospital stay for an irregular heartbeat.
Despite their short time together, Chao became a stepmother to six of Wasserstein’s children from a previous relationship, adding layers of complexity to their brief union and family dynamics. The circumstances surrounding Wasserstein’s death added further sorrow to their already short-lived marriage, marking a challenging chapter in Chao’s personal life.
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Angela Chaoโs Career
Angela Chao’s career is marked by significant achievements and contributions to the maritime industry. She began her journey in the buying and selling division of Smith Barney before joining Foremost Group in 1996, her father’s business established in 1964.
Within Foremost Group, Angela Chao held various managerial positions before assuming the role of CEO in 2018. Her leadership style emphasized the importance of individuals in driving success within the maritime sector, with a focus on promoting environmentally sustainable practices and ensuring staff safety.
Throughout her tenure as CEO, Angela Chao demonstrated a steadfast commitment to innovation, ethical management, and creating positive societal impacts through her leadership.
In addition to her professional accomplishments, Angela Chao was known for her activism and philanthropy. She advocated for causes in arts, healthcare, and academia, generously supporting cultural institutions like the Metropolitan Opera and Museum of Art, and contributing to community health programs.
Angela Chao also held leadership positions in prestigious organizations such as Harvard Business School’s Board of Dean’s Advisors and participated in groups like the Council on Foreign Relations and the Young Leaders Forum of the National Committee on U.S.-China Relations. Her active involvement in these organizations showcased her dedication to staying informed and contributing across various sectors.
Angela Chaoโs Children
Angela Chao, at the time of her passing, did not have any biological children of her own. However, she assumed the role of stepmother to a total of nine children. Three of these children were from her marriage to Jim Breyer, a venture capitalist, with whom she shared a son who was three years old at the time of her tragic death in a car accident on February 11, 2024.
Additionally, Angela Chao was the stepmother to six children from her first marriage to Bruce Wasserstein, a businessman who passed away in 2009. Despite not having biological children, Angela Chao was known as a loving and caring parent who cherished her family dearly.
How did Angela Chao die?
Angela Chao, the CEO of Foremost Group, tragically passed away in a car accident on February 11, 2024. Her body was discovered in her sinking vehicle in a pond on a ranch in Johnson City, near Austin, Texas.
The circumstances surrounding her death are currently under investigation by the Blanco County Sheriff’s Office. Initially considered an unfortunate accident, the investigation is ongoing as a potential criminal matter until sufficient evidence rules out criminal activity.
Angela Chao’s death has prompted various speculations and raised questions due to the nature of the incident and the ongoing investigation into her passing. However, her family stated that she passed away in a tragic accident and conveyed their sorrow and disbelief.
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FAQโS
Who was Angela Chao?
Angela Chao was an American businesswoman and philanthropist who served as the CEO of Foremost Group, a shipping company founded by her father.
What was Angela Chao’s professional background?
Angela Chao had a successful career in the shipping industry, leading Foremost Group as its CEO. She also held positions on various boards and was actively involved in philanthropic endeavors.
How did Angela Chao pass away?
Angela Chao tragically passed away in a car accident on February 11, 2024. Her vehicle was found submerged in a pond on a ranch in Johnson City, near Austin, Texas.
What was Angela Chao’s marital history?
Angela Chao was married twice in her lifetime. Her first husband was Bruce Wasserstein, the former chairman and CEO of Lazard. After Wasserstein’s passing, she later married Jim Breyer, a venture capitalist known for his investments in Facebook and other tech companies.
What legacy did Angela Chao leave behind?
Angela Chao leaves behind a legacy of leadership in the shipping industry and a commitment to philanthropy. She played a significant role in the success of Foremost Group and made valuable contributions to various charitable causes throughout her life.