Henry Engelhardt

Henry Engelhardt
Born Henry Allan Engelhardt
(1958-01-17) January 17, 1958
Chicago, Illinois, U.S.
Residence Cardiff, Wales
Nationality American
Alma mater University of Michigan
INSEAD
Occupation Businessman
Years active 1979–present
Net worth US$1.17 billion (May 2017)[1]
Title Chief executive, Admiral Group plc
Term 2004–2016
Successor David Stevens, CBE
Spouse(s) Diane Brière de l'Isle
Children 4

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.[2]

Early life

Henry Engelhardt was born on January 17, 1958 in Chicago. 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.[8]

Personal life

Engelhardt is married with four children, and lives in Cardiff, Wales.[9]

References

  1. ↑ "Henry Engelhardt". Forbes.com. Retrieved 2017-04-30.
  2. ↑ Meechan, Brian (2015-05-13). "Profile: Admiral's Henry Engelhardt to step down in 2016". BBC News. Retrieved 2017-08-04.
  3. 1 2 "I will have what Engelhardt is having". Real IR. 30 August 2007. Archived from the original on 27 June 2010. Retrieved 25 September 2009.
  4. ↑ "Fun and Games for Henry Engelhardt - Pg2". The Times. London. 8 March 2009. Retrieved 10 March 2009.
  5. 1 2 Admiral Group: Management
  6. ↑ Admiral Group: History
  7. ↑ "Directors' Deals: Family boosts stake in Admiral by £2m". The Sunday Times. 9 September 2012. Retrieved 14 November 2012.
  8. ↑ Retired Admiral founder and ex-CEO resurfaces at US subsidiary Insurance Business Magazine, Retrieved 27 August 2018
  9. ↑ Biography: Henry Engelhardt Insead


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