Foremost Group CEO Angela Chao car accident
Foremost Group CEO Angela Chao death.
Angela Chao, CEO of Foremost Group, Passes Away in Tragic Car Accident
Angela Chao, the CEO of New York-based dry bulk shipping company Foremost Group, has tragically passed away at the age of 50. The company announced her death, which was the result of a car accident. The family and company have not provided further details regarding the incident.
Angela Chao was the youngest daughter of Dr. James S. C. Chao, who expressed the family’s devastation in a statement released on Monday. He described Angela as a brilliant and visionary leader who was beloved by her family, friends, and colleagues. Angela had worked her way up through the ranks of Foremost Group, eventually becoming the chair and CEO of the company in 2018.
With a bachelor’s degree in economics from Harvard College, Angela Chao was known for her academic achievements. She also attended Harvard Business School, where she wrote a case study on “Ocean Carriers” that became part of the required curriculum for first-year students. Chao’s accomplishments extended beyond her own company, as she was appointed Chair of the U.S. Risk and Management Committee of Bank of China U.S.A. in June 2016.
Chao’s impact was not limited to the business world. She was widely recognized for her philanthropic endeavors, particularly in the areas of arts, culture, and healthcare. The Bank of China U.S.A. praised her commitment to fostering cross-cultural understanding and social responsibility, stating that her legacy would continue to inspire others.
Throughout her career, Angela Chao received numerous honors and held prestigious board memberships. She was a member of the American Bureau of Shipping Council and served on the Massachusetts Maritime Academy’s International Maritime Business Department Advisory Board. Foremost Group emphasized her pioneering leadership in shipping, philanthropy, and the arts, and highlighted her contributions to advancing opportunities for women.
Angela Chao’s passing has been mourned by various organizations and institutions in the shipping industry, including the Asian American Foundation, Webb Institute, and the U.S. Coast Guard Academy. She leaves behind a lasting legacy that extends beyond her professional achievements.
The Chao family, including Angela’s husband, American venture capitalist Jim Breyer, and her five sisters Elaine, May, Christine, and Grace, are deeply saddened by her loss. They find solace in their Christian faith, believing that they will be reunited with Angela, her late mother Ruth Mulan Chu Chao, and their sister Jeanette in the future.
Angela Chao’s passing is a significant loss not only for her family but also for the Asian-American community. She will be remembered for her contributions to the shipping industry, her philanthropy, and her dedication to fostering understanding between different cultures.
Angela Chao is survived by her husband, father, sisters, and extended family.
long-tailed keyword: Foremost Group CEO Angela Chao car accident
long-tailed keyword: Angela Chao death car accident.
