Charles Butt

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Charles Butt
Born (1938-02-03) February 3, 1938 (age 76)
Residence San Antonio, Texas
Nationality United States
Education University of Pennsylvania Wharton School
Harvard Business School
Occupation Grocer
Employer H-E-B
Net worth Increase US$ 10.1 billion (March 2014)[1]
Title Chairman and CEO
Spouse(s) Single
Children None
Parents Howard Edward Butt Sr.
Mary Elizabeth Holdsworth

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

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 Charles Butt as the #5 CEO on ExecRank's Top Chief Executive List. [4]

References[edit]

  1. ^ Forbes: The World's Billionaires - Charles Butt March 2014
  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/