Henry Engelhardt
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 | |
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Born | Henry Allan Engelhardt January 17, 1958 Chicago, Illinois, U.S. |
Nationality | American |
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
Engelhardt was born to a Jewish family on January 17, 1958, in Chicago, the son of Annette (née Bernstein) and Sheldon Arthur Engelhardt.[2] His father owned a successful meatpacking operation in Chicago.[2] He has a sister and a brother, Karen Engelhardt Stern and Joel Engelhardt.[2] He was educated at the University of Michigan, and has a joint degree in journalism and radio, television and film.[3] He followed his French girlfriend (now wife) to Europe where he studied for an MBA at Insead.[3]
Career
Engelhardt became part of the founding team at Churchill Insurance, where he developed his way of doing business.[4]
In 1993, he launched Admiral Group.[5] In 1999, he led a management buy out of the business[5] which has since become a constituent of the FTSE 100 Index.[6]
In September 2012, the Engelhardt family owned more than 14% of Admiral Group.[7]
In March 2017, he became CEO of Elephant Insurance Services, a US subsidiary of Admiral Group.[8]
In 2021 Engelhardt was made an independent non-executive director of the Welsh Rugby Union.[9]
Personal life
Engelhardt is married to Diane Briere de L'isle; they have four children.[2] The family lives in Cardiff, Wales.[10]
References
- Meechan, Brian (13 May 2015). "Profile: Admiral's Henry Engelhardt to step down in 2016". BBC News. Retrieved 4 August 2017.
- "Obituary: Sheldon Arthur Engelhardt". The Palm Beach Post. 15 April 2018.
- "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. Retrieved 10 March 2009.
- "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