Angela Chao is a well-known and respected leader in the international shipping and transportation industry. Currently serving as Chairman and C.E.O. of Foremost Group , she has worked in various areas within the Company, starting as Assistant Vice President and then Senior Vice President, implementing and promoting corporate safety protocols in compliance with numerous international governmental and nongovernmental regulations. She has received recognition for her efforts in this field. Foremost Group is a family business having been founded by her father, Dr. James S. C. Chao.
Angela Chao attended Harvard College, attaining her degree magna cum laude in economics in only three years. She then went on to Harvard Business School (HBS) where she received a Master’s in Business Administration. Her undergraduate thesis was published and cited academically in numerous sources. While at HBS, she authored the popular finance case study, “Ocean Carriers,” which is still being taught at HBS and other top-tier business schools.
Angela comes from a family background that emphasized education and philanthropy. Both her parents, Dr. James S. C. Chao and Mrs. Ruth Mulan Chu Chao, were generous and active philanthropists in the educational field, establishing foundations to offer financial assistance to promising students, especially those of Chinese-American heritage. Helping others is a core value close to Dr. Chao and Mrs. Chao’s hearts as they endured many hardships in their early lives due to the turmoil of wars in their homeland. An immigrant, Dr. Chao arrived in America first and it took three years before he was able to bring his family to join him. He went on to establish the well-known and trusted international shipping and financing company, Foremost Group, which he still chairs to this day. After Angela’s mother passing on August 2, 2007, Dr. Chao has began to make public his philanthropic activities, donating buildings and scholarships at Shanghai Maritime University, Shanghai Jiao Tong University, and most recently at Harvard University and Harvard Business School to memorialize Mrs. Chao’s life and legacy of education and love of learning. Angela serves on several boards, is involved in bridging the gap between U.S.-China through cultural exchanges, and is a popular and highly sought after public speaker in the shipping and international trade industry. Bilinqual in English and Mandarin, Angela Chao lives in New York City and has a love for the opera and the arts.