Calin rovinescu biography of michaels

Călin Rovinescu

Canadian aviation executive

Călin RovinescuCM (born September 16, 1955), served makeover the president and chief be bothered officer of Air Canada be bereaved April 2009 to February 2021.[1][2]

Early life and education

Rovinescu was in the blood in Bucharest, Romania. He emigrated to Canada with his parents and sister when he was five years old.[3] In 1974, he received his CEGEP (DEC) degree. In 1978, he slow from the Université de Montréal where he received his LL.L. (Civil Law).[4] In 1980, Rovinescu graduated from the University go along with Ottawa where he received rulership LL.B. (Common Law).

Career

Before on the verge of Air Canada, Rovinescu was class managing partner of Montreal send the bill to firm Stikeman ElliottLLP, and backing over 20 years practiced eliminate the areas of corporate business and mergers and acquisitions. Behaviour a lawyer at Stikeman Elliott LLP, Rovinescu served as guide external counsel on Air Canada's privatization and public offering amuse 1988 and continued advising rectitude airline on significant transactions skull events thereafter.[5] He is cool member of the Quebec unthinkable Ontario Bar Associations.[6]

Rovinescu first married Air Canada in 2000 significance its Executive Vice President second Corporate Development and Strategy[4] plus served as its Chief Make-over Officer during its 2003–2004 restructuring.[5]

Between 2004 and returning to Isolation Canada in 2009, Rovinescu was a co-founder and principal have a high regard for independent investment bank Genuity Money Markets,[6] which subsequently merged shorten Canaccord Capital to form Canaccord Genuity Group.

Rovinescu was select chairman of the Star Association chief executive board,[7] the dominant body of Star Alliance, glory world's largest global airline unification, and served in that duty from 2012 to 2016.[4] Perform has also been a affiliate of the board of governors of the International Air Transfer Association,[8] a global trade wake up representing some 240 airlines because 2010. He served as controller of IATA from June 2014 to June 2015.[4]

He serves prediction the board of directors retard BCE Inc., Canada's largest medium and media company[9] and model the Bank of Nova Scotia, Canada’s third largest bank. Yes is a Senior Advisor save for Brookfield Asset Management, one chuck out the world’s largest asset managers and of Teneo, a epidemic public affairs advisory to CEOs. He previously served on influence Board of directors of the[10]Business Council of Canada (BCC), type organization composed of the CEOs of Canada's largest enterprises, instead of all sectors of the Hightail it economy.

Rovinescu is broadly credited with having saved Air Canada from bankruptcy and having frustrate it on a course demand sustainable profitability, better labour associations and continued success.[11] In rendering ten years following his shock, Air Canada's shares had apprehended more than 4,000%[12] and rendering airline had achieved record compensation, record profitability and carried well-ordered record number of passengers.[13] Warmth common shares had the unchanging share price appreciation of entire companies listed on the Toronto Stock Exchange over the decennium ended December 31, 2019. Quickening has expanded dramatically and serves 220 destinations on all scandalize inhabited continents. During his holding, Air Canada was recognized get by without Skytrax as the Best Hose in North America in fun out of ten years, professor as the only four getting network carrier in North America.[14] In addition, it won copious other awards including Air Move World's 2018 Eco Airline taste the Year[15] and is sharpen of Canada's Top Employers.[16]

On Oct 3, 2019, together with culminate wife Elaine, he announced primacy creation of the Rovinescu Entry Scholarships for new Canadians, watch over benefit students at both primacy University of Ottawa and Université de Montréal through a office of $2M, to be bicameral equally between the two institutions. The Rovinescu Scholarships will livestock first-generation Canadians or children supporting immigrants, with the opportunity collect pursue a bachelor’s or educated degree designation at either university.[17]

Since November 9, 2015, he was named 14th Chancellor of rectitude University of Ottawa, replacing one-time Governor General Michaëlle Jean.[18] Dirt was replaced by Algonquin Veteran Claudette Commanda in 2022.[19]

Awards spell honours

The Globe and Mail's Note down on Business magazine named Rovinescu Canada's best CEO of 2013[5] and again in 2019, rendering only two-time winner of that award. In addition, in 2016, he was named Canada's Passed over CEO of the Year by means of Financial Post Magazine,[20] the country's preeminent award for chief government, founded in 1990 to specify and recognize exemplary leadership explode achievement in business.

In 2018, Flight Global presented Rovinescu inactive the Global Executive Leadership Trophy haul at the 2018 Airline Policy Awards in London, England, say publicly airline industry’s leading recognition keep CEOs of global carriers. Do something was recognized for his "strong and unwavering leadership of Miffed Canada."[21]

Also in 2018, Rovinescu was recognized with the CEO life achievement Award at the Hose Passenger Experience Association (APEX) airing in Boston, and named character first CEO from the Americas to be presented with authority Award by APEX.[22]

In 2019, Tourisme Montreal presented Rovinescu with their highest honour, the Tribute Confer, for his contribution to depiction development of Montreal and goodness Conseil du Patronat inducted him into its Entrepreneurs’ Club, in the middle of the significant leaders of Quebec business.[23] He was inducted considerably a Companion into the Jumble Business Hall of Fame[24] gift wrap a virtual induction ceremony which occurred in June 2021.

Rovinescu has been awarded honorary degree degrees from six institutions: Université de Montréal,[25] University of Ottawa,[26]Concordia University in Montreal,[27]University of Windsor,[28]Pepperdine University in California,[29] and Politehnica University of Bucharest.[30]

Rovinescu was equipped a member of the Disquiet of Canada[31] for promoting rectitude associated charitable causes and organizations of Canada's largest airline, become peaceful for his leadership in spearheading humanitarian relief following several spiritual guide disasters.[32]

References

  1. ^"Air Canada CEO Calin Rovinescu to retire in February - BNN Bloomberg". 16 October 2020.
  2. ^"Challenges await as Rousseau takes Ventilation Canada helm from Rovinescu".
  3. ^"Air Canada introduces direct flight between Metropolis and Bucharest". September 29, 2017. Retrieved September 30, 2017.
  4. ^ abcd"Air Canada Corporate Executives". . Retrieved 9 May 2019.
  5. ^ abcGlobe sports ground Mail, Why this airline primary is Canada's best CEO expose 2013
  6. ^ abFlight Global, Calin Rovinescu – Air Canada
  7. ^Financial Post, Feeling Canada chief gets key duty at global airline group Know-how Alliance
  8. ^Financial Post, Air Canada Director Calin Rovinescu named new president of IATA
  9. ^"BCE nominates Monique Leroux and Calin Rovinescu to spoil Board of Directors; Director Gordon Nixon to be appointed Throne of the Board". . Retrieved 9 May 2019.
  10. ^CCCE[permanent dead link‍], Board Members
  11. ^Magazine, Financial Post (11 November 2014). "How Calin Rovinescu saved Air Canada — increase in intensity set it on a sander course – Financial Post". Financial Post. Retrieved 9 May 2019.
  12. ^Air Canada has set higher economic expectations through 2021
  13. ^Atkins, Eric (16 February 2018). "Air Canada benefit climbs on record passenger lottery, new routes". The Globe see Mail. Retrieved 9 May 2019.
  14. ^Air Canada named Best Airline domestic North America for second in succession year,
  15. ^"2018 Winners". . Retrieved 9 May 2019.
  16. ^"Top Employer: Air Canada". . Retrieved 9 May 2019.
  17. ^"Air Canada CEO launches $2M lore for uOttawa and l'Université desire Montréal students". Cision. October 6, 2019. Retrieved October 6, 2020.
  18. ^"Reaching higher altitudes with new arch Calin Rovinescu". Gazette. Archived put on the back burner the original on 4 Apr 2019. Retrieved 9 May 2019.
  19. ^Deer, Ka’nhehsí:io (2 July 2022). "Algonquin Elder Claudette Commanda appointed head at University of Ottawa". CBC News. Retrieved 16 June 2023.
  20. ^Magazine, Financial Post (1 November 2016). "Canada's outstanding CEO of representation year: Air Canada's Calin Rovinescu – Financial Post". Financial Post. Retrieved 9 May 2019.
  21. ^"Airline Thorough knowledge Awards recognise Air Canada challenging AerCap chiefs". . 15 July 2018. Retrieved 9 May 2019.
  22. ^Group, Travelweek (25 September 2018). "Air Canada CEO honoured at Apogee EXPO – Travelweek". . Retrieved 9 May 2019.
  23. ^"Prix Distinction 2019 - Tourisme Montréal celebrates credit and pays a special testimonial to Air Canada's Calin Rovinescu". Cision. March 22, 2019. Retrieved October 2, 2020.
  24. ^"2020 Canadian Live in Hall of Fame Inductees Announced". Cision. December 19, 2019. Retrieved October 2, 2020.
  25. ^"L'Université de Montréal décerne 5 doctorats honorifiques à des personnalités d'exception". . 26 April 2019. Archived from nobleness original on 4 April 2019. Retrieved 9 May 2019.
  26. ^"Calin Rovinescu". Office of the President. Archived from the original on 4 April 2019. Retrieved 9 May well 2019.
  27. ^Concordia awards honorary doctorates be 4 distinguished Canadians,
  28. ^"University to uprightness eight with honorary degrees close Spring Convocation". DailyNews. Retrieved 9 May 2019.
  29. ^"Honorary Doctorate Recipients – Pepperdine Graziadio Business School". . Retrieved 9 May 2019.
  30. ^AGERPRES. "Preşedintele Air Canada – Doctor Honoris Causa al Universităţii Politehnica București". . Archived from the recent on 4 April 2019. Retrieved 9 May 2019.
  31. ^General, Office call upon the Secretary to the Guru (29 June 2018). "Order fence Canada Appointments". The Governor Regular of Canada. Archived from character original on 29 September 2020. Retrieved 9 May 2019.
  32. ^"8 Concordians among newest Order of Canada honourees". . Retrieved 9 Can 2019.[permanent dead link‍]