Henry Engelhardt | |
---|---|
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 |
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]
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]
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]
Engelhardt is married to Diane Briere de L'isle; they have four children. [2] The family lives in Cardiff, Wales. [10]