Current:Home > reviewsRekubit Exchange:Authorities are investigating the death of Foremost Group CEO Angela Chao in rural Texas -Capitatum
Rekubit Exchange:Authorities are investigating the death of Foremost Group CEO Angela Chao in rural Texas
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-06 07:45:55
Blanco County authorities are Rekubit Exchangeinvestigating the death of Angela Chao, CEO of shipping company Foremost Group, who died in a car accident in Texas on Sunday on a rural tract of private property, USA TODAY Network's Austin American-Statesman has learned.
Authorities do not suspect foul play, a law enforcement official told the Statesman. Chao is believed to have possibly drowned after her car entered a body of water on the property, although the cause of her death has not been determined.
A Blanco County sheriff's investigator confirmed that the agency is investigating the death, but the office has not released any information legally required under Texas law, including the location and time of Chao's death. The Statesman has a pending request for such records. The investigator and law enforcement official spoke on condition of anonymity because the investigation has not been publicly announced.
Chao, who lived in Austin, was the youngest daughter of Foremost Group's founder and honorary chairman, Dr. James S.C. Chao, the sister of Elaine Chao, former Secretary of Transportation, and the sister-in-law of Senator Mitch McConnell.
Chao was married to James Breyer, an American venture capitalist and founder and CEO of Breyer Capital, which is headquartered in Austin, Texas. Breyer is also a minority owner of the Boston Celtics, according to Breyer Capital's website.
Angela Chao's legacy
According to her website, Chao was a Harvard graduate, earning her undergraduate and an MBA from there. She is also a published author on topics of economics, international trade and finance, and education.
Chao was one of six children. She served as the Foremost Group’s CEO since 2018 and was also involved in a number of organizations, holding board positions on the American Bureau of Shipping Council, Harvard Business School’s Board of Dean’s Advisors, and the Metropolitan Opera, among others.
She was a founding advisory council co-chair of the nonprofit The Asian American Foundation.
James S.C. Chao — her father — said he is saddened over her death.
"Angela’s name in Chinese sounds like the characters for peace and prosperity. She certainly gave more than her share of both to this world,” he said in a statement. "Her absence leaves a void not only in our hearts, but in the Asian-American community."
Contributing: USA TODAY reporter Julia Gomez
What happened?Angela Chao, CEO of Foremost Group and Mitch McConnell's sister-in-law, dies in car accident
veryGood! (1)
Related
- The Daily Money: Disney+ wants your dollars
- Why 'Quiet on Set' documentary on Nickelodeon scandal exposes the high price of kids TV
- Beyond ‘yellow flag’ law, Maine commission highlights another missed opportunity before shootings
- Oliver Hudson says he sometimes 'felt unprotected' growing up with mother Goldie Hawn
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Baltimore's Key Bridge collapses after ship hits it; construction crew missing: Live Updates
- Everything we know about Shohei Ohtani and his interpreter
- Wendy Williams' guardian tried to block doc to avoid criticism, A&E alleges
- Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
- The Bachelorette Alum JoJo Fletcher Influenced Me to Buy These 37 Products
Ranking
- Organizers cancel Taylor Swift concerts in Vienna over fears of an attack
- 2 teens, 1 adult killed within 20 minutes in multiple shootings in New York City: Police
- Deion Sanders issues warning about 2025 NFL draft: `It's gonna be an Eli'
- Chargers coach Jim Harbaugh: Fifth selection could be like No. 1 draft pick
- Meta donates $1 million to Trump’s inauguration fund
- Eras Tour tips: How to avoid scammers when buying Taylor Swift tickets
- Baltimore bridge press conference livestream: Watch NTSB give updates on collapse investigation
- A list of major US bridge collapses caused by ships and barges
Recommendation
Illinois Gov. Pritzker calls for sheriff to resign after Sonya Massey shooting
This Month’s Superfund Listing of Abandoned Uranium Mines in the Navajo Nation’s Lukachukai Mountains Is a First Step Toward Cleaning Them Up
Last Call for the Amazon Big Spring Sale: Here Are the 41 Best Last-Minute Deals
See Hailee Steinfeld and Josh Allen Help His Sister Reveal the Sex of Her Baby
Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
Michigan man who was 17 when he killed a jogger will get a chance at parole
Everything we know about Shohei Ohtani and his interpreter
Are seed oils bad for you? Breaking down what experts want you to know