André Hoffmann (businessman)

André Hoffmann (born 31 May 1958 in Basel, Switzerland[2]) is a Swiss businessman, environmentalist and philanthropist.

André Hoffmann
Born (1958-05-31) 31 May 1958
NationalitySwiss
EducationUniversity of St. Gallen
INSEAD
OccupationBusinessman
Net worthUS$5.71 billion (November 2020)[1]
TitleVice-chairman, Hoffmann-La Roche
Spouse(s)Rosalie Coombe-Tennant
Parent(s)Luc Hoffmann
RelativesFritz Hoffmann-La Roche (great-grandfather)
Vera Michalski (sister)
Maja Hoffmann (sister)

The great-grandson of Fritz Hoffmann-La Roche who founded the drug company Roche Holding in 1896,[3] he currently is the vice-chairman of the company.[4]

As a philanthropist, he has been an advocate for sustainability and environmental protection,[5] serving as International Vice-President of the World Wide Fund for Nature (WWF) from 2007 to 2017.[6]

Early life

Born on 31 May 1958, André Hoffmann is the son of Daria Hoffmann-Razumovsky and Luc Hoffmann, a conservationist and philanthropist.[7]

He studied economics at the University of St. Gallen,[8] and holds an MBA from INSEAD, completed in 1990.[9]

Career

In 1991, André Hoffmann joined Nestlé UK. Three years later, he established a family office specialized in wealth management.[10]

In 1996, he became a member of the board of Roche holding, the world's second-largest pharmaceutical company, established by his grand-father.[11]

He currently owns 1.5% of the company and serves as Vice Chairman - a position he has held since 2006.[12]

He also serves on the board of Genentech, a fully owned subsidiary based in San Francisco, California.[12]

An early investor in the Maryland-based start-up Inovalon, which manages and analyses healthcare data,[9] he served as its Independent Director.[8]

He is a member of the board of Trustees of the World Economic Forum,[13] a member the Center for the Fourth Industrial Revolution in San Francisco, and a member of the board of SystemIQ, a company that intends to “drive positive disruption in economic systems”.[14]

Nature preservation

André Hoffmann is an environmentalist,[15] involved in a number of nonprofit organizations and initiatives related to sustainability and nature conservation.

In 1998, he joined the WWF and served as vice-president of the organization from 2007 to 2017.[16]

Since 2010, he has served as president of the MAVA Foundation, a major foundation in the field of nature preservation.[17]

In 2016, he becomes President of Fondation Tour du Valat, a French research institute dedicated to Mediterranean wetland conservation.[18]

He has also served on the boards of Wetlands International, Global Footprint Network and FIBA.[14]

Education

In August 2018, Hoffmann and his wife Rosalie made a €40 million commitment to INSEAD, establishing the Hoffmann Global Institute for Business and Society.[19] He is currently the chairman of its Advisory Board.[20]

Other board memberships and positions

Hoffmann is also:

  • Vice-Chairman of the Board at the Venture Foundation[21]
  • Chairman of the Board of the Capitals Coalition Board[22]
  • A member of The Royal Institute of International Affairs[8] and Senior Adviser at Chatham House, its think tank[23]

Personal life

Hoffmann is married to Rosalie Coombe-Tennant[24] and has four children.

He owns several vineyards. In 2017, he purchased the domain Jayer Gilles in Burgundy, which became Hoffmann Jayer, with an emphasis on environment and nature preservation.[25] He also owns Domain Pierre Latine in Yvorne, Switzerland[26] and domain Alpamanta in Argentina.[27]

References

  1. "Bloomberg Billionaires Index: Andre Hoffmann". Bloomberg LP. Retrieved 22 November 2019.
  2. "André Hoffmann – BILANZ". Handelszeitung (in German). 28 February 2002. Retrieved 22 November 2020.
  3. Moss, Stephen (1 August 2016). "Luc Hoffmann obituary". the Guardian. Retrieved 27 November 2020.
  4. "Roche family adds new members to shareholder group to ensure continuity". Reuters. 5 December 2019. Retrieved 27 November 2020.
  5. Genier, Claudia; Jestin, Karin (29 November 2018). "André Hoffmann, son engagement pour l'environnement". Agefi.com (in French). Retrieved 27 November 2020.
  6. "WWF celebrates innovation in conservation, corporate sustainability and philanthropy". WWF. 2 October 2018. Retrieved 28 November 2020.
  7. Duponchelle, Valérie (23 July 2016). "Luc Hoffmann, une vie dédiée à la nature". Le Figaro.fr (in French). Retrieved 22 November 2020.
  8. "André S. Hoffmann, 60 - Vice Chairman, Roche Holding AG". Wall Street Journal (in French). Retrieved 22 November 2020.
  9. Ward, Andrew (21 September 2015). "Roche scion André Hoffman on benefits of family ownership". Financial Times. Retrieved 22 November 2020.
  10. "André Hoffmann". Le HuffPost (in French). Retrieved 26 November 2020.
  11. Metcalf, Tom (1 August 2020). "These Are the World's Richest Families". Bloomberg.com. Retrieved 26 November 2020.
  12. "People: Inovalon Holdings Inc (INOV.OQ) - Hoffmann André". Reuters. 27 November 2020. Retrieved 27 November 2020.
  13. "André Hoffmann milite pour un changement de mentalité". agefi.com. AGEFI. 20 January 2020. Retrieved 27 November 2020.
  14. "Board of Fellows". Stanford School of Medicine. 11 February 2020. Retrieved 28 November 2020.
  15. Miller, John (10 October 2019). "Roche billionaire board member says short-term profit hunger 'destroyed the planet'". uk.reuters.com. Reuters. Retrieved 27 November 2020.
  16. "André Hoffmann reçoit une distinction du WWF". wwf.ch. WWF. 2 October 2018. Retrieved 25 November 2020.
  17. Minet, Pascaline (31 August 2018). "«Nous cherchons à agir sur les forces profondes qui érodent la biodiversité»". Le Temps (in French). Retrieved 27 November 2020.
  18. ""La nature fait partie de notre quotidien"". La Provence. La provence. 16 May 2016. Retrieved 25 November 2020.
  19. "INSEAD, The Business School for the World, has received a €40 million commitment from André Hoffmann and his wife Rosalie". INSEAD. 20 August 2018. Retrieved 7 September 2019.
  20. Mariathasan, Joseph (3 February 2020). "Perspective: André Hoffmann – Green results, not greenbacks". IPE. Retrieved 28 November 2020.
  21. MarketScreener (12 November 2020). "André S. Hoffmann - Biography". Stock Market Quotes and News. Retrieved 29 November 2020.
  22. "Supervisory Board Recruitment". Natural Capital Coalition. 21 May 2020. Retrieved 29 November 2020.
  23. "André Hoffmann". Chatham House. 24 September 2020. Retrieved 29 November 2020.
  24. "André Hoffmann - Roche". Bilanz.ch. Retrieved 8 September 2019.
  25. "Le domaine Jayer-Gilles racheté par l'industriel suisse André Hoffmann". La Revue du vin de France (in French). 10 August 2017. Retrieved 28 November 2020.
  26. Lecomte, Christian (6 December 2017). "Philippe Gex, un vin d'honneur". Le Temps (in French). Retrieved 28 November 2020.
  27. Patricio Tapia. Descorchados 2019: Guía de Vinos de Argentina, Brasil, Chile y Uruguay. Pehoé ediciones. pp. 153–. ISBN 978-956-9946-41-7.


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