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.[2]

Henry Engelhardt
Born
Henry Allan Engelhardt

(1958-01-17) January 17, 1958
Chicago, Illinois, U.S.
NationalityAmerican
Alma materUniversity of Michigan
INSEAD
OccupationBusinessman
Years active1979–present
Net worthUS$1.17 billion (May 2017)[1]
TitleChief executive, Admiral Group plc
Term2004–2016
SuccessorDavid Stevens, CBE
Spouse(s)Diane Brière de l'Isle
Children4

Early life

Henry Engelhardt was born to a Jewish family on January 17, 1958, in Chicago, 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 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

Engelhardt 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.[9]

Personal life

Engelhardt is married to Diane Briere de L'isle; they have four children.[3] The family lives in Cardiff, Wales.[10]

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. "Obituary: Sheldon Arthur Engelhardt". The Palm Beach Post. April 15, 2018.
  4. "I will have what Engelhardt is having". Real IR. 30 August 2007. Archived from the original on 27 June 2010. Retrieved 25 September 2009.
  5. "Fun and Games for Henry Engelhardt – Pg2". The Times. London. 8 March 2009. Retrieved 10 March 2009.
  6. "Admiral Group: Management". Archived from the original on 2008-08-08. Retrieved 2009-05-25.
  7. "Admiral Group: History". Archived from the original on 2008-08-08. Retrieved 2009-05-25.
  8. "Directors' Deals: Family boosts stake in Admiral by £2m". The Sunday Times. 9 September 2012. Retrieved 14 November 2012.
  9. Retired Admiral founder and ex-CEO resurfaces at US subsidiary Insurance Business Magazine, Retrieved 27 August 2018
  10. Biography: Henry Engelhardt Archived 2012-11-10 at the Wayback Machine Insead


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