Charles Butt

From Wikipedia, the free encyclopedia - View original article

Charles Butt
Born(1938-02-03) February 3, 1938 (age 76)
ResidenceSan Antonio, Texas
NationalityAmerican
EducationUniversity of Pennsylvania Wharton School
Harvard Business School
OccupationGrocer
Net worthIncrease $11.8 billion (January 2015)[1]
TitleChairman and CEO, H-E-B
Spouse(s)Single
ChildrenNone
ParentsHoward Edward Butt Sr.
Mary Elizabeth Holdsworth
 
Jump to: navigation, search
Charles Butt
Born(1938-02-03) February 3, 1938 (age 76)
ResidenceSan Antonio, Texas
NationalityAmerican
EducationUniversity of Pennsylvania Wharton School
Harvard Business School
OccupationGrocer
Net worthIncrease $11.8 billion (January 2015)[1]
TitleChairman and CEO, H-E-B
Spouse(s)Single
ChildrenNone
ParentsHoward Edward Butt Sr.
Mary Elizabeth Holdsworth

Charles Clarence Butt (born February 3, 1938) is an American grocer who inherited his family's San Antonio-based H-E-B supermarket chain in 1971. The privately-held company has more than 300 stores and $17 billion in sales, according to Forbes magazine.

Early life[edit]

Charles Clarence Butt was born on February 3, 1938, the son of Howard Edward Butt Sr. and Mary Elizabeth Holdsworth, and the grandson of Florence Butt, who founded H.E. Butt in 1905.[1]

Biography[edit]

Butt graduated from University of Pennsylvania's Wharton School with a Bachelor of Arts / Science, where he also joined the Sigma Chi Fraternity. He earned a Master of Business Administration from Harvard Business School. He became president of the H.E. Butt Grocery Company in 1971.[2]

On November 14, 2001, the Mexican government awarded Butt the Aguila Azteca medal for his philanthropic involvement and business dealings in Mexico.[3]

Awards & recognition[edit]

In 2012, ExecReps ranked Butt as the #5 CEO on its Top Chief Executive List. [4]

References[edit]

  1. ^ a b "Charles Butt". Forbes. Retrieved 2 January 2015. 
  2. ^ "H-E-B Official Website - History" HEB.com. Retrieved on 2010-04-23.
  3. ^ "Charles Butt to receive honor from Mexican government". San Antonio Business Journal. November 14, 2001. Retrieved 2006-12-17. 
  4. ^ May, 2013 ExecRank Top CEOs http://execrank.com/2013/04/top-private-ceos/