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Foremost Group CEO Angela Chao died after car went into Texas pond, sheriff says
CNBC ^ | February 16, 2024 | Dan Mangan

Posted on 02/20/2024 3:29:27 PM PST by Twotone

Angela Chao, CEO of Foremost Group and the sister-in-law of Senate Minority Leader Mitch McConnell, died after her car went into a pond on a private ranch about 40 miles west of Austin, Texas, authorities said Friday.

Chao’s family on Wednesday announced she died in a car accident on Sunday, but did not disclose details of the incident at that time.

On Friday, the Blanco County Sheriff’s Office said in a statement that on Saturday, it “responded to a possible water rescue on a private ranch located in Blanco County, TX.”

“On arrival Blanco County deputies along with Blanco County EMS and Fire recovered the body of Angela Chao from a pond on the ranch,” the statement said.

“EMS attempted emergency measures on Ms. Chao but she succumbed from being under the water,” the statement said. “Our preliminary investigation has determined this to be an unfortunate accident. The investigation is ongoing at this time,” the statement also said.

The name of the ranch, which is located in Johnson City, was not disclosed by the sheriff’s office.

Chao, a double Harvard graduate who became CEO of the dry bulk shipping company Foremost in 2018, was married to Jim Breyer, a venture capitalist from Austin who is part owner of the National Basketball Association’s Boston Celtics.

Chao previously served on the board of the Bank of China and as a director of the China State Shipbuilding Corporation.

She is the sister of Elaine Chao, who is married to McConnell, R-Ky. Chao served as Secretary of Transportation in former President Donald Trump’s administration and as Secretary of Labor in the administration of former President George W. Bush.

Blanco County EMS Chief Ben Oakley told CNBC in a prior interview that emergency personnel were called just after midnight Sunday to respond to a “water rescue” at a private property in Johnson City.

Oakley did not use the name of the victim of that rescue, citing privacy laws.

An ambulance arrived at 12:12 a.m. at the scene, where a car containing one person was “completely submerged” in a pond, estimated to be between 12 feet and 15 feet deep, Oakley said.

The woman in the car was “extricated from the vehicle,” and rescue workers tried to resuscitate her “for 43 minutes” without success, the chief said. Read more CNBC politics coverage

Oakley said there was no indication of how the car ended up in the pond.

He declined to identify who called rescue workers or who owned the property, saying that was information he could not release.

Chao’s father, James Chao, on Wednesday said her family was “heartbroken” over her death. The family did not give any information about her cause of death, other than saying it was the result of a car accident.

James Chao founded Foremost Group in 1964.

Angela Chao had held board positions on the American Bureau of Shipping Council, Harvard Business School’s Board of Dean’s Advisors and the Metropolitan Opera in New York.

Chao previously was married to investment banker Bruce Wasserstein, who died in 2009, the same year they wed.


TOPICS:
KEYWORDS: angelachao; blancocounty; brucewasserstein; ccp; china; diedagain; donatefreerepublic; elainechao; elainechaosister; foremostgroup; getajob; jameschao; jimknows; joindu; mcconnellsil; mitchmcconnell; shanghaiclique; texas
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1 posted on 02/20/2024 3:29:27 PM PST by Twotone
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To: Twotone

Message sent? Anyone thinking the Deep State will go quietly into the night hasn't been paying attention.


2 posted on 02/20/2024 3:47:08 PM PST by so_real ( "The Congress of the United States recommends and approves the Holy Bible for use in all schools.")
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To: so_real

Michael:
My father is no different than any powerful man, any man with power, like a president or senator.

Kay Adams:
Do you know how naive you sound, Michael? Presidents and senators don’t have men killed.

Michael:
Oh. Who’s being naive, Kay?


3 posted on 02/20/2024 3:51:18 PM PST by gov_bean_ counter (Eccl 10:2 - The heart of the wise inclines to the right, but the heart of the fool to the left )
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To: Twotone

https://foremostgroupusa.com/angela-chao-2/

her bio


4 posted on 02/20/2024 3:53:27 PM PST by PGR88
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To: Twotone

two things come to mind...teddy is dead and there’s a pond in texas ?


5 posted on 02/20/2024 4:00:36 PM PST by stylin19a (a man at my door asked for a small donation for the local swimming pool. I gave him a glass of water)
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To: Twotone

The Clot Shot strikes again!


6 posted on 02/20/2024 4:02:41 PM PST by Dogbert41 (“Blessed are the peacemakers, for they will be called children of God” -Matthew 5:9)
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To: Twotone

No need to pressure China Mitch. He’s with the RATs 100%.


7 posted on 02/20/2024 4:08:41 PM PST by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Twotone
Oakley said there was no indication of how the car ended up in the pond.

Chinese. Woman. Driver.

8 posted on 02/20/2024 4:12:02 PM PST by Moltke (Reasoning with a liberal is like watering a rock in the hope to grow a building.)
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To: Twotone

Seems the author forgot to mention the Chinese Communist board(s) she sat on. I’m sure it was just an innocent oversight. 🙄


9 posted on 02/20/2024 4:19:52 PM PST by MayflowerMadam (Fraud vitiates everything." - SCOTUS)
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To: so_real

Shady AF.


10 posted on 02/20/2024 4:26:36 PM PST by Prince of Space (Trump 2024!)
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To: Prince of Space

Her husband is some kind of big investor. Saw a claim where supposedly he said he was not going to be investing in china right before this woman died. She was a Director of the bank of china.

No idea if the story about her husband is true


11 posted on 02/20/2024 4:41:34 PM PST by RummyChick
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To: Moltke

I bet the left blinker was still on when they found the car.


12 posted on 02/20/2024 4:42:13 PM PST by txeagle
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To: PGR88

She was married for a short time to Bruce Wasserstein before he died. It appears they may have been separated when he died but they were not divorced.

In New York you cant disinherit a spouse.


13 posted on 02/20/2024 4:48:14 PM PST by RummyChick
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To: Twotone

How in the hello does that happen? 🤔


14 posted on 02/20/2024 5:54:44 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Twotone

Sounds like a serious case of DWA.


15 posted on 02/20/2024 6:02:14 PM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: ProtectOurFreedom
Explanation for DWA for those of you not from California...


16 posted on 02/20/2024 6:06:13 PM PST by ProtectOurFreedom (“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
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To: ProtectOurFreedom

They remind me of the asking sisters who wed Shang Kai shekel


17 posted on 02/20/2024 6:16:05 PM PST by 5inch38gunner
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To: Twotone

Did the electric doors lock shut?


18 posted on 02/20/2024 6:32:06 PM PST by bray (You can tell who the Commies fear.)
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To: Twotone

Another chapter in the true-life story that is far stranger than fiction. Pieces of the story will dribble out for a long time and be labeled “conspiracy theories”.
Did this woman have dirt on HRC?


19 posted on 02/20/2024 6:43:31 PM PST by Honest Nigerian
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To: bray

...or the battery short-circuited and electrocuted her


20 posted on 02/20/2024 6:51:54 PM PST by deks (Deo duce, ferro comitante · God for guide, sword for companion)
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