Henry Allan Engelhardt (born January 17, 1958) is an American businessman, and the founder and former chief executive of Admiral Group, a Welsh motor insurance company. He was credited as driving the company in to a position where it became one of Britain's most valuable companies and stepped down as chief executive in 2016 to make way for a younger management team to take the group forward.[1]
Henry Engelhardt | |
|---|---|
| Born | Henry Allan Engelhardt January 17, 1958 Chicago, Illinois, U.S. |
| Alma mater | University of Michigan INSEAD |
| Occupation | Businessman |
| Years active | 1979–present |
| Title | Chief executive, Admiral Group plc |
| Term | 2004–2016 |
| Successor | David Stevens, CBE |
| Spouse | Diane Brière de l'Isle |
| Children | 4 |
Early life
editEngelhardt was born to a Jewish family on January 17, 1958, in Chicago,[2] the son of Annette (née Bernstein) and Sheldon Arthur Engelhardt.[3] His father owned a successful meatpacking operation in Chicago.[3] He has a sister and a brother, Karen Engelhardt Stern and Joel Engelhardt.[3] He attended Evanston Township High School,[2] and was educated at the University of Michigan, and has a joint degree in journalism and radio, television and film.[4] He followed his French girlfriend (now wife) to Europe where he studied for an MBA at Insead.[4]
Career
editEngelhardt became part of the founding team at Churchill Insurance, where he developed his way of doing business.[5]
In 1993, he launched Admiral Group.[6] In 1999, he led a management buy out of the business[6] which has since become a constituent of the FTSE 100 Index.[7]
In September 2012, the Engelhardt family owned more than 14% of Admiral Group.[8]
In March 2017, he became CEO of Elephant Insurance Services, a US subsidiary of Admiral Group.[9]
In 2021 Engelhardt was made an independent non-executive director of the Welsh Rugby Union.[10]
Personal life
editEngelhardt is married to Diane Briere de L'isle; they have four children.[3] The family lives in Cardiff, Wales.[11]
References
edit- ^ Meechan, Brian (13 May 2015). "Profile: Admiral's Henry Engelhardt to step down in 2016". BBC News. Retrieved 4 August 2017.
- ^ a b Treanor, Jill (4 June 2023). "Admiral Insurance tycoon Henry Engelhardt profile: I'll give away half of my wealth". The Sunday Times. Archived from the original on 4 June 2023.
- ^ a b c d "Obituary: Sheldon Arthur Engelhardt". The Palm Beach Post. 15 April 2018.
- ^ a b "I will have what Engelhardt is having". Real IR. 30 August 2007. Archived from the original on 27 June 2010. Retrieved 25 September 2009.
- ^ "Fun and Games for Henry Engelhardt – Pg2". The Times. London. 8 March 2009. Archived from the original on 12 June 2011. Retrieved 10 March 2009.
- ^ a b "Admiral Group: Management". Archived from the original on 8 August 2008. Retrieved 25 May 2009.
- ^ "Admiral Group: History". Archived from the original on 8 August 2008. Retrieved 25 May 2009.
- ^ "Directors' Deals: Family boosts stake in Admiral by £2m". The Sunday Times. 9 September 2012. Archived from the original on 6 October 2014. Retrieved 14 November 2012.
- ^ Retired Admiral founder and ex-CEO resurfaces at US subsidiary Insurance Business Magazine, Retrieved 27 August 2018
- ^ Welsh rugby: WRU board member calls sexism probe sensationalist BBC News, Retrieved 13 June 2023
- ^ Biography: Henry Engelhardt Archived 2012-11-10 at the Wayback Machine Insead
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