Current:Home > MarketsAlgosensey Quantitative Think Tank Center-Authorities are investigating the death of Foremost Group CEO Angela Chao in rural Texas -AssetLink
Algosensey Quantitative Think Tank Center-Authorities are investigating the death of Foremost Group CEO Angela Chao in rural Texas
EchoSense View
Date:2025-04-06 21:41:45
Blanco County authorities are Algosensey Quantitative Think Tank Centerinvestigating 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! (2)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- Mariah Carey, Cher, Sade, Oasis and Ozzy Osbourne among Rock Hall nominees for 2024
- NYC imposing curfew at more migrant shelters following recent violent incidents
- Who is Jake Moody? Everything to know about 49ers kicker before Super Bowl 58
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- ‘Puppy Bowl’ celebrates a big anniversary this year, one that shelter and rescue pups will cheer
- Southwest winter storm moves into New Mexico; up to foot of snow possible in northeast mountains
- Usher's 2024 Super Bowl Halftime Show Will Have Fans Screaming Yeah
- Meet first time Grammy nominee Charley Crockett
- Who is Harrison Butker? Everything to know about Chiefs kicker before Super Bowl 58
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Sheriff says suspect “is down” after shooting at celebrity pastor Joel Osteen’s Texas megachurch
- Super Bowl: Do performers get paid? What to know about halftime performances, show cost
- Don't Pass Up the Chance to See the Sweetest Photos of 49ers' Brock Purdy and Fiancée Jenna Brandt
- Stamford Road collision sends motorcyclist flying; driver arrested
- Alex Ovechkin tops Wayne Gretzky's record for empty net goals as streak hits four games
- Who performed at the Super Bowl 2024 halftime show? Here's a full list of performers
- Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion
Recommendation
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
'Percy Jackson' producers on Season 2, recasting Lance Reddick: 'We're in denial'
Former officer pleads not guilty to murder in fatal police shooting
Reba McEntire Delivers Star-Spangled Performance at Super Bowl 2024
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Why do Super Bowl tickets cost so much? Inside the world of NFL pricing, luxury packages, and ticket brokers with bags of cash
Is Jim Harbaugh an LA guy? He has razzle-dazzle and movie acumen. Now he needs a Super Bowl
Super Bowl 2024: 'Tis the Damn Season for a Look at Taylor Swift's Game Day Style