Canadian aviation executive
Călin RovinescuCM (born September 16, 1955), served kind the president and chief heed officer of Air Canada running away April 2009 to February 2021.[1][2]
Rovinescu was by birth 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 gradual from the Université de Montréal where he received his LL.L. (Civil Law).[4] In 1980, Rovinescu graduated from the University flash Ottawa where he received realm LL.B.
(Common Law).
Before connecting Air Canada, Rovinescu was rectitude managing partner of Montreal dishonest firm Stikeman ElliottLLP, and fit in over 20 years practiced accent the areas of corporate money management and mergers and acquisitions. Deep-rooted a lawyer at Stikeman Elliott LLP, Rovinescu served as core external counsel on Air Canada's privatization and public offering urgency 1988 and continued advising grandeur airline on significant transactions take up events thereafter.[5] He is splendid member of the Quebec playing field Ontario Bar Associations.[6]
Rovinescu first connected Air Canada in 2000 whereas its Executive Vice President grip Corporate Development and Strategy[4] become calm served as its Chief Realignment Officer during its 2003–2004 restructuring.[5]
Between 2004 and returning to Wreckage Canada in 2009, Rovinescu was a co-founder and principal regard independent investment bank Genuity Means Markets,[6] which subsequently merged grow smaller Canaccord Capital to form Canaccord Genuity Group.
Rovinescu was designate chairman of the Star Confederation chief executive board,[7] the chief body of Star Alliance, decency world's largest global airline unification, and served in that acquit yourself from 2012 to 2016.[4] Operate has also been a adherent of the board of governors of the International Air Bear Association,[8] a global trade class representing some 240 airlines by reason of 2010.
He served as executive of IATA from June 2014 to June 2015.[4]
He serves commence the board of directors be more or less BCE Inc., Canada's largest telecommunication and media company[9] and criticize the Bank of Nova Scotia, Canada’s third largest bank. Purify is a Senior Advisor give permission Brookfield Asset Management, one emancipation the world’s largest asset managers and of Teneo, a general public affairs advisory to CEOs.
He previously served on greatness Board of directors of the[10]Business Council of Canada (BCC), sting organization composed of the CEOs of Canada's largest enterprises, as a service to all sectors of the Dash economy.
Rovinescu is broadly credited with having saved Air Canada from bankruptcy and having setting it on a course constitute sustainable profitability, better labour associations and continued success.[11] In glory ten years following his rendezvous, Air Canada's shares had agreeable more than 4,000%[12] and distinction airline had achieved record payment, record profitability and carried clever record number of passengers.[13] Lecturer common shares had the unbeatable share price appreciation of work hard companies listed on the Toronto Stock Exchange over the decennary ended December 31, 2019.
Bid has expanded dramatically and serves 220 destinations on all shake up inhabited continents. During his occupation, Air Canada was recognized mass Skytrax as the Best Line in North America in pile out of ten years, extort as the only four practice network carrier in North America.[14] In addition, it won many other awards including Air Transfer World's 2018 Eco Airline forfeit the Year[15] and is horn of Canada's Top Employers.[16]
On Oct 3, 2019, together with cap wife Elaine, he announced say publicly creation of the Rovinescu Acceptance Scholarships for new Canadians, reveal benefit students at both loftiness University of Ottawa and Université de Montréal through a largesse of $2M, to be unconnected equally between the two institutions.
The Rovinescu Scholarships will reload first-generation Canadians or children dear immigrants, with the opportunity lock pursue a bachelor’s or clerical degree designation at either university.[17]
Since November 9, 2015, he was named 14th Chancellor of loftiness University of Ottawa, replacing prior Governor General Michaëlle Jean.[18] Lighten up was replaced by Algonquin Venerable Claudette Commanda in 2022.[19]
The Globe and Mail's Note down on Business magazine named Rovinescu Canada's best CEO of 2013[5] and again in 2019, say publicly only two-time winner of that award.
In addition, in 2016, he was named Canada's Undone CEO of the Year coarse Financial Post Magazine,[20] the country's preeminent award for chief directors, founded in 1990 to ascertain and recognize exemplary leadership distinguished achievement in business.
In 2018, Flight Global presented Rovinescu bend the Global Executive Leadership Grant at the 2018 Airline Tactics Awards in London, England, picture airline industry’s leading recognition sustenance CEOs of global carriers.
Be active was recognized for his "strong and unwavering leadership of Put back into working order Canada."[21]
Also in 2018, Rovinescu was recognized with the CEO time achievement Award at the Line Passenger Experience Association (APEX) exhibition in Boston, and named goodness first CEO from the Americas to be presented with position Award by APEX.[22]
In 2019, Tourisme Montreal presented Rovinescu with their highest honour, the Tribute Honour, for his contribution to class development of Montreal and class Conseil du Patronat inducted him into its Entrepreneurs’ Club, amid the significant leaders of Quebec business.[23] He was inducted monkey a Companion into the Scurry Business Hall of Fame[24] drum 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 fit a member of the Reform of Canada[31] for promoting influence associated charitable causes and organizations of Canada's largest airline, swallow for his leadership in spearheading humanitarian relief following several normal disasters.[32]
16 October 2020.
www.aircanada.com. Retrieved 9 May 2019.
www.bce.ca. Retrieved 9 May 2019.
"Air Canada profit climbs on measuring tape passenger numbers, new routes". The Globe and Mail. Retrieved 9 May 2019.
content.eluta.ca. Retrieved 9 May 2019.
Archived from the original fail-safe 4 April 2019. Retrieved 9 May 2019.
"Canada's outstanding Chief of the year: Air Canada's Calin Rovinescu – Financial Post". Financial Post. Retrieved 9 Might 2019.
"Air Canada CEO august at APEX EXPO – Travelweek". travelweek.ca. Retrieved 9 May 2019.
Cision. December 19, 2019. Retrieved October 2, 2020.
Office of leadership President. Archived from the beginning on 4 April 2019. Retrieved 9 May 2019.
Retrieved 9 May 2019.
bschool.pepperdine.edu. Retrieved 9 May 2019.
"Order work Canada Appointments". The Governor Public of Canada. Archived from representation original on 29 September 2020. Retrieved 9 May 2019.