Charles Butt
Age: 86
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.
Early life
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.
Biography
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.
On November 14, 2001, the Mexican government awarded Butt the Aguila Azteca medal for his philanthropic involvement and business dealings in Mexico.
Awards and recognition
In 2012, ExecReps ranked Butt as the #5 CEO on its Top Chief Executive List.