Calin Rovinescu President and Chief Executive Officer Air Canada
A determined and ambitious first-generation Canadian, Calin Rovinescu first received a DEC from McGill University in 1974 before earning a degree in civil law from the University of Montreal in 1978 and in common law from the University of Ottawa in 1980.
He then embarked on a distinguished 20-year career in corporate law in Canada and the United Kingdom, rising to become the Managing Partner of Montreal law firm Stikeman Elliott, one of Canada’s leading business law firms, where he advised enterprises in Canada, the U.S. and Europe on merger and acquisition transactions, corporate finance, privatizations and restructurings in various industries He was also a member of the firm’s Partnership Board and Executive Committee.
He first joined Air Canada in April 2000, serving in a variety of senior management positions, including as Executive Vice President of Corporate Development and Strategy, Chairman of its various subsidiaries and as Chief Restructuring Officer until April 2004. In November 2004, he became co-founder and Principal of Genuity Capital Markets, an independent investment bank.
Calin Rovinescu returned to Air Canada on April 1, 2009, as President and Chief Executive Officer. At a time of economic turbulence and financial distress, he piloted the airline’s transformation to global expansion, improved customer satisfaction and soaring profitability while overseeing the return to a surplus position of its $15 Billion pension plan. Air Canada was also recognized as the leading North American airline for five years running by the leading global airline rating agency. As a result, in 2013, Report on Business magazine named him Canada’s best CEO.
In 2012, Calin Rovinescu was elected chair of the Star Alliance Chief Executive Board, the controlling body of the 27-member Star Alliance network of airlines. In June 2014, he was elected to chair the Board of Governors of the International Air Transport Association (IATA).
Calin Rovinescu also serves on the boards of several private and non-profit corporations.