Blanco County authorities are currently investigating the demise of Angela Chao, the CEO of Foremost Group, a shipping company. This investigation started from a distress call on Sunday, February 11, 2024, for a water rescue operation at a private ranch.
According to the sheriff’s office in a recent statement, despite emergency measures undertaken by EMS, Chao ultimately succumbed to the water. There is a belief that she possibly drowned after her car entered a body of water, according to an anonymous law enforcement official.
However, the official, who spoke anonymously due to the undisclosed investigation details, noted that the exact cause of death is unknown. Although the statement does not explicitly mention a car accident, it asserts that the preliminary investigation indicates an unfortunate accident. Notably, the inquiry is still in progress.
Moreover, the statement refrains from disclosing the property address where the incident happened. Under the Texas Public Information Act, The Statesman formally requested this information. However, a reporter seeking an interview at the Blanco County Sheriff’s Office was turned away.
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Angela Chao, a resident of Austin, was the youngest daughter of Dr. James S.C. Chao, the founder and honorary chairman of Foremost Group. Likewise, she was the sister of Elaine Chao, the former Secretary of Transportation. Also, she was the sister-in-law of Senator Mitch McConnell.
Chao married James Breyer, an American venture capitalist and founder and CEO of Breyer Capital. Breyer is a minority owner of the Boston Celtics, according to Breyer Capital’s official website. Angela Chao’s accident occurred in Blanco County, a rural Hill County county approximately 30 miles west of Austin.
According to the U.S. Census Bureau estimate, in 2022, the county’s population was around 12,400. Following Chao’s passing, Foremost Group released a statement about her leadership and influence in the shipping industry.
The statement emphasized her commitment to a people-first approach, underscoring her dedication to the well-being of both on and off-shore crews. “Angela Chao was a formidable executive and shipping industry leader,” the statement read.
“She was also a precocious youngster, learning about the shipping industry at an early age. She lovingly followed her father during ‘Take Your Daughter to Work’ days on his ships.”
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According to her website, Angela Chao, a Harvard graduate, earned her undergraduate and MBA degrees from the prestigious institution. Moreover, she was an accomplished business leader and published author, contributing to economics, education, and finance literature.
Among six siblings, Angela Chao took the CEO role at Foremost Group in 2018. Beyond being an executive, she participated in several organizations, holding notable board positions. Furthermore, she was a founding advisory council co-chair of The Asian American Foundation.
According to Chao’s father in a statement, “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. Her absence leaves a void not only in our hearts but in the Asian-American community.”
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