Kenneth G. Langone

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Kenneth G. Langone is the "founder, and since 1974, has been Chairman of the Board, Chief Executive Officer and President, of Invemed Associates, LLC, a New York Stock Exchange firm engaged in investment banking and brokerage. He is a founder of Home Depot, Inc. and has been a director since 1978. He is also a director of ChoicePoint, Inc., and Unifi, Inc." SInce Octover 1997 he has been a Director of Yum! Brands, Inc.

In October 2004 interview with Fortune magazine Langone defended the massive payout he authorised as New York Stock Exchange compensation committee chair to the former NYSE head Dick Grasso. Commenting on some of the members of the NYSE Board of Directors Langone said "They got the wrong fucking guy. I'm nuts, I'm rich, and boy, do I love a fight. I'm going to make them shit in their pants. When I get through with these fucking captains of industry, they’re going to wish they were in a Cuisinart — at high speed. If Grasso gives back a fucking nickel, I’ll never talk to him again." [1] [2]

Resources and articles

Related Sourcewatch articles


  1. Trustees, New York University, accessed June 16, 2010.
  2. 2006 Update, Robin Hood Foundation, accessed February 8, 2008.

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