Charles Butt

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Charles Butt
Born (1938-02-03) February 3, 1938 (age 77)
Residence San Antonio, Texas
Nationality American
Education University of Pennsylvania Wharton School
Harvard Business School
Occupation Grocer
Net worth Decrease US$10.8 billion (June 2015)[1]
Title Chairman and CEO, H-E-B
Spouse(s) Single
Children None
Parent(s) Howard 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 $20 billion in sales, according to Forbes magazine.[2]

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.[3]

On November 14, 2001, the Mexican government awarded Butt the Aguila Azteca medal for his philanthropic involvement and business dealings in Mexico.[4]

Awards & recognition[edit]

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

References[edit]

  1. ^ a b "Charles Butt". Forbes. Retrieved 2 January 2015. 
  2. ^ "HE Butt Grocery on the Forbes America's Largest Private Companies List". Forbes. October 2014. 
  3. ^ "H-E-B Official Website - History" HEB.com. Retrieved on 2010-04-23.
  4. ^ "Charles Butt to receive honor from Mexican government". San Antonio Business Journal. November 14, 2001. Retrieved 2006-12-17. 
  5. ^ May, 2013 ExecRank Top CEOs http://execrank.com/2013/04/top-private-ceos/