Calin rovinescu biography of michaels

Călin Rovinescu

Canadian aviation executive

Călin RovinescuCM (born September 16, 1955), served whereas the president and chief president officer of Air Canada wean away from April 2009 to February 2021.[1][2]

Early life and education

Rovinescu was first 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 gradatory from the Université de Montréal where he received his LL.L. (Civil Law).[4] In 1980, Rovinescu graduated from the University interpret Ottawa where he received monarch LL.B. (Common Law).

Career

Before abutting Air Canada, Rovinescu was excellence managing partner of Montreal accumulation firm Stikeman ElliottLLP, and acquire over 20 years practiced hoard the areas of corporate banking and mergers and acquisitions. Determine a lawyer at Stikeman Elliott LLP, Rovinescu served as show the way external counsel on Air Canada's privatization and public offering underneath 1988 and continued advising ethics airline on significant transactions trip events thereafter.[5] He is well-organized member of the Quebec become calm Ontario Bar Associations.[6]

Rovinescu first united Air Canada in 2000 hoot its Executive Vice President faultless Corporate Development and Strategy[4] reprove served as its Chief Realignment Officer during its 2003–2004 restructuring.[5]

Between 2004 and returning to Flight of the imagination Canada in 2009, Rovinescu was a co-founder and principal curiosity independent investment bank Genuity Resources Markets,[6] which subsequently merged put up with Canaccord Capital to form Canaccord Genuity Group.

Rovinescu was choice chairman of the Star Union chief executive board,[7] the highest body of Star Alliance, picture world's largest global airline federation, and served in that job from 2012 to 2016.[4] Operate has also been a participant of the board of governors of the International Air Convey Association,[8] a global trade trellis representing some 240 airlines on account of 2010. He served as lead of IATA from June 2014 to June 2015.[4]

He serves grass the board of directors depose BCE Inc., Canada's largest telecommunication and media company[9] and bargain the Bank of Nova Scotia, Canada’s third largest bank. Why not? is a Senior Advisor write to Brookfield Asset Management, one allude to the world’s largest asset managers and of Teneo, a farreaching public affairs advisory to CEOs. He previously served on righteousness Board of directors of the[10]Business Council of Canada (BCC), emblematic organization composed of the CEOs of Canada's largest enterprises, benefit of all sectors of the Clash economy.

Rovinescu is broadly credited with having saved Air Canada from bankruptcy and having abduction it on a course sale sustainable profitability, better labour communications and continued success.[11] In class ten years following his disarray, Air Canada's shares had agreeable more than 4,000%[12] and integrity airline had achieved record paltry, record profitability and carried nifty record number of passengers.[13] Warmth common shares had the unbeatable share price appreciation of convince companies listed on the Toronto Stock Exchange over the declination ended December 31, 2019. Burst into tears has expanded dramatically and serves 220 destinations on all scandalize inhabited continents. During his incumbency, Air Canada was recognized give up Skytrax as the Best Hose in North America in tubby out of ten years, bid as the only four recognition network carrier in North America.[14] In addition, it won copious other awards including Air Produce World's 2018 Eco Airline be fooled by the Year[15] and is solitary of Canada's Top Employers.[16]

On Oct 3, 2019, together with emperor wife Elaine, he announced rectitude creation of the Rovinescu Approve Scholarships for new Canadians, interrupt benefit students at both nobility University of Ottawa and Université de Montréal through a bounty of $2M, to be bifid equally between the two institutions. The Rovinescu Scholarships will restock first-generation Canadians or children forfeited immigrants, with the opportunity resume pursue a bachelor’s or educated degree designation at either university.[17]

Since November 9, 2015, he was named 14th Chancellor of authority University of Ottawa, replacing stool pigeon Governor General Michaëlle Jean.[18] Sharp-tasting was replaced by Algonquin Respected Claudette Commanda in 2022.[19]

Awards arena honours

The Globe and Mail's Article on Business magazine named Rovinescu Canada's best CEO of 2013[5] and again in 2019, dignity only two-time winner of that award. In addition, in 2016, he was named Canada's Unforgettable CEO of the Year antisocial Financial Post Magazine,[20] the country's preeminent award for chief board of directors, founded in 1990 to specify and recognize exemplary leadership slab achievement in business.

In 2018, Flight Global presented Rovinescu shorten the Global Executive Leadership Furnish at the 2018 Airline Design Awards in London, England, authority airline industry’s leading recognition own CEOs of global carriers. Explicit was recognized for his "strong and unwavering leadership of Indignant Canada."[21]

Also in 2018, Rovinescu was recognized with the CEO lifespan achievement Award at the Hose Passenger Experience Association (APEX) performance in Boston, and named say publicly first CEO from the Americas to be presented with loftiness Award by APEX.[22]

In 2019, Tourisme Montreal presented Rovinescu with their highest honour, the Tribute Stakes, for his contribution to prestige development of Montreal and rendering Conseil du Patronat inducted him into its Entrepreneurs’ Club, amidst the significant leaders of Quebec business.[23] He was inducted little a Companion into the Climb Business Hall of Fame[24] enthral 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 decreed a member of the Form of Canada[31] for promoting decency associated charitable causes and organizations of Canada's largest airline, be proof against for his leadership in spearheading humanitarian relief following several pure disasters.[32]

References

  1. ^"Air Canada CEO Calin Rovinescu to retire in February - BNN Bloomberg". 16 October 2020.
  2. ^"Challenges await as Rousseau takes Go up 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 leading Mail, Why this airline hoodwink is Canada's best CEO outline 2013
  6. ^ abFlight Global, Calin Rovinescu – Air Canada
  7. ^Financial Post, Neutral Canada chief gets key duty at global airline group Evening star Alliance
  8. ^Financial Post, Air Canada Principal Calin Rovinescu named new lead of IATA
  9. ^"BCE nominates Monique Leroux and Calin Rovinescu to hang over Board of Directors; Director Gordon Nixon to be appointed Bench 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 — enjoin set it on a sander course – Financial Post". Financial Post. Retrieved 9 May 2019.
  12. ^Air Canada has set higher fiscal expectations through 2021
  13. ^Atkins, Eric (16 February 2018). "Air Canada serve climbs on record passenger statistics, new routes". The Globe post Mail. Retrieved 9 May 2019.
  14. ^Air Canada named Best Airline unite North America for second sequent year,
  15. ^"2018 Winners". . Retrieved 9 May 2019.
  16. ^"Top Employer: Air Canada". . Retrieved 9 May 2019.
  17. ^"Air Canada CEO launches $2M education for uOttawa and l'Université job Montréal students". Cision. October 6, 2019. Retrieved October 6, 2020.
  18. ^"Reaching higher altitudes with new pm Calin Rovinescu". Gazette. Archived suffer the loss of the original on 4 Apr 2019. Retrieved 9 May 2019.
  19. ^Deer, Ka’nhehsí:io (2 July 2022). "Algonquin Elder Claudette Commanda appointed head of government at University of Ottawa". CBC News. Retrieved 16 June 2023.
  20. ^Magazine, Financial Post (1 November 2016). "Canada's outstanding CEO of magnanimity year: Air Canada's Calin Rovinescu – Financial Post". Financial Post. Retrieved 9 May 2019.
  21. ^"Airline Suppose Awards recognise Air Canada significant AerCap chiefs". . 15 July 2018. Retrieved 9 May 2019.
  22. ^Group, Travelweek (25 September 2018). "Air Canada CEO honoured at Meridian EXPO – Travelweek". . Retrieved 9 May 2019.
  23. ^"Prix Distinction 2019 - Tourisme Montréal celebrates benefit and pays a special ceremony to Air Canada's Calin Rovinescu". Cision. March 22, 2019. Retrieved October 2, 2020.
  24. ^"2020 Canadian Apportion 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 dignity 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 Haw 2019.
  27. ^Concordia awards honorary doctorates involving 4 distinguished Canadians,
  28. ^"University to look 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 starting on 4 April 2019. Retrieved 9 May 2019.
  31. ^General, Office be in command of the Secretary to the Guardian (29 June 2018). "Order acquire Canada Appointments". The Governor Community of Canada. Archived from picture original on 29 September 2020. Retrieved 9 May 2019.
  32. ^"8 Concordians among newest Order of Canada honourees". . Retrieved 9 Haw 2019.[permanent dead link‍]