Angela Chao, the CEO of Foremost Group, has tragically passed away following a car accident.
Ms. Chao, the daughter of Dr. James S.C. Chao, who founded and served as honorary chairman of Foremost Group, had a notable academic background, having attended Harvard College and Harvard Business School where she excelled academically and even contributed to HBS’ curriculum.
Prior to joining her father’s company, she gained experience in M&A at what is now Morgan Stanley Smith Barney. Eventually, she assumed various executive positions within Foremost, culminating in her appointment as CEO in 2018.
In addition to her leadership role at Foremost, Ms. Chao actively participated in numerous maritime advisory boards, playing a significant role in both industry development and her company’s operations. She served on the boards of the American Bureau of Shipping Council and the Massachusetts Maritime Academy’s International Maritime Business Department, among others.
Over the course of her career, she held board positions with organizations such as NYCEDC, MoMA, the Metropolitan Opera, China State Shipbuilding Corporation, Harvard Business School, Bank of China, China Council for the Promotion of International Trade, and BIMCO.
Ms. Chao is survived by her father and her five sisters, including Elaine Chao, who previously served as Secretary of Transportation.
Angela Chao Parents: Meet Dr. James S.C. Chao and Ruth Mulan Chu Chao
Angela Chao was born into the Chao family, which has deep roots in the shipping industry. Her father was Dr. James S.C. Chao, a prominent figure in the maritime business, and her mother was Ruth Mulan Chu Chao.
Dr. James S.C. Chao
Dr. James S.C. Chao, esteemed patriarch of the Chao family, is renowned for his entrepreneurial prowess and philanthropic endeavors. As the founder and honorary chairman of Foremost Group, a global shipping enterprise, Dr. Chao has left an indelible mark on the maritime industry.
His commitment to excellence and innovation has propelled Foremost Group to international prominence. Alongside his professional achievements, Dr. Chao’s dedication to philanthropy is evident through his support for educational initiatives and cultural institutions.
Ruth Mulan Chu Chao
Ruth Mulan Chu Chao, Dr. Chao’s wife and Angela Chao’s mother, is an accomplished figure in her own right. A resilient and resourceful individual, Mrs. Chao has played a pivotal role in supporting her family’s endeavors while making significant contributions to various charitable causes.
Her unwavering support and guidance have undoubtedly influenced the success and character of her children.
Together, Dr. James S.C. Chao and Ruth Mulan Chu Chao have fostered a family legacy characterized by excellence, integrity, and compassion. Their children, including Angela Chao, have followed in their footsteps, making significant contributions to business, philanthropy, and public service. Through their collective efforts, the Chao family continues to inspire and uplift communities around the world.