Tony Aquila

Last updated
Tony Aquila
Tony Aquila.jpg
Tony Aquila - founder, chairman and CEO of Solera
Born
Anthony Aquila

October 1964
NationalityAmerican
OccupationFounder, Chairman and CEO
EmployerSolera Holdings, Inc. (Former)
Spouse(s)Shelly Aquila
Children3
Awards2013 E&Y Entrepreneur of the Year, Technology

Tony Aquila (born October 1964) is an American businessman. [1] He is the founder and former chairman and CEO of Solera Holdings, a technology company that provides risk and asset management software and services to the automotive industry, as well as the property and casualty insurance industry. [2] [3] [4] [5]

Contents

Aquila is a serial entrepreneur and an inventor who claims to own over 100 patents [6] . So far only a single applied patent is known [7] . He is also a dealmaker with over 70 transactions worth $15 billion in transaction value. [8] Aquila was also chairman of Sportradar, a provider of sports data intelligence between February 2019 and July 2020. [9]

In 2013, Aquila received the Ernst & Young’s 2013 Entrepreneur of the Year award in the Technology category, [10] the same year in which Aquila was recognized as the highest-paid chief executive in the Dallas-Fort Worth area. [11] Prior to founding Solera, Aquila served in executive positions with Mitchell International, Inc., Ensera, Inc. and MaxMeyer." [12] [13]

Early life

Aquila was born in Richmond, California to an immigrant and military family. [14] After dropping out of high school, Aquila worked at his uncle's body shop sweeping floors and replacing windshields, and later joined the United States Army. [4] [14] [15] [16]

Business career

Solera Holdings, Inc.

Since founding the company in 2005, Aquila served as the chairman and CEO of Solera Holdings until his departure in May 2019. [12] [17]

Mitchell International, Inc.

Aquila is the former president and chief operating officer of Mitchell International, Inc., a company that provides claims estimating and communications software to insurance carriers. Aquila joined Mitchell in 2001 after it had acquired Ensera. [12] [13] [18]

Ensera, Inc.

Aquila was founder and CEO of Ensera, Inc., a claims workflow software company for the vehicle insurance and collision industry. [19]

MaxMeyer America, Inc.

Prior to Ensera, Aquila was founder and CEO of MaxMeyer America, Inc. (a subsidiary of MaxMeyer Duco, SPA, Italy), an importer and distributor of European automotive refinishing products. In 1997, PPG Industries acquired MaxMeyer Duco, SPA. [12] [13] [18]

Related Research Articles

Cypress Semiconductor American semiconductor company.

Cypress Semiconductor Corporation is an American semiconductor design and manufacturing company. It offered NOR flash memories, F-RAM and SRAM Traveo microcontrollers, the industry's only PSoC programmable system-on-chip solutions, analog and PMIC Power Management ICs, CapSense capacitive touch-sensing controllers, Wireless BLE Bluetooth Low-Energy and USB connectivity solutions. In June 2019, Infineon Technologies announced it would acquire Cypress for $9.4 billion. The deal closed in April 2020, making Infineon one of the world's top 10 semiconductor manufacturers.

Ambac American financial services company

The Ambac Financial Group, Inc., generally known as Ambac, is an American holding company. Its subsidiaries provide financial guarantee products such as bond insurance to clients in both the public and private sectors globally. Ambac Assurance is a guarantor of public finance and structured finance obligations. Its common stock and common stock purchase warrants are listed on the NYSE under the symbols AMBC and AMBCW respectively. Ambac is regulated by the insurance commission of Wisconsin. It has its headquarters in Lower Manhattan, New York City.

Fiserv Provider of financial services technology to banks

Fiserv, Inc. is an American multinational Fortune 500 company known for providing Financial services, often Fintech, to banks and related foundations. The company's clients include banks, thrifts, credit unions, securities broker dealers, leasing and finance companies, and retailers. In October 2015, American Banker and BAI ranked the company third by revenue among technology providers to U.S. banks. Fiserv reported total revenue of $10.187 billion in 2019. In summer of 2018, Fiserv obtained the naming rights to the Fiserv Forum, home to the Milwaukee Bucks, for 25 years. Fiserv is also the owner of First Data since 2019, and by extension the Clover brand and products, meaning Fiserv is directly competing with Square, Inc. and Shopify in point of sale payment terminals for small businesses.

Jeff Smisek

Jeffery Alan "Jeff" Smisek is an American businessman and investor who currently serves as the president of GOOSE Capital, on the board of trustees of Rice University and on the board of directors of Finch Therapeutics. Smisek previously worked in the airline industry as the chairman, president, and chief executive officer (CEO) of Continental Airlines and, later, of United Airlines.

Marvell Technology Group

Marvell Technology Group Ltd. is an American company, domiciled in Bermuda for tax purposes, which develops and produces semiconductors and related technology. Founded in 1995, the company had more than 6,000 employees as of 2013, and 10,000 patents worldwide and annual revenue of $2.9 billion (FY19). Its U.S. headquarters is located in Santa Clara, CA.

John Wallis "Jack" Rowe is an American businessman and academic physician, who served as Chairman and CEO of Aetna Inc., a large health insurance company based in Connecticut, titles he retired from in February 2006.

Jay Steven Fishman served as chairman and chief executive officer of The Travelers Companies for 11 years prior to stepping down in December 2015, following a diagnosis of ALS. He was employed as the executive chairman of the board of Travelers from December 2015 until his death in August 2016.

Solera Holdings U.S. software company

Solera Holdings is an American company based in Texas which provides risk management and asset protection software and services to the automotive industry and property insurance marketplace. Solera also provides digital identity management services, as well as re-underwriting and data analytics solutions for the property and casualty insurance industries. Solera is active in 88 countries across six continents.

Universal American

Universal American is a Fortune 500 company with offices throughout the United States, and headquarters in Rye Brook, New York. The company offered health insurance, and also deals in Medicare managed care plans, and Medicare prescription drug benefits. Its CEO is Richard A. Barasch.

Huron Consulting Group, commonly known as Huron, is a management consulting firm offering services to the Healthcare, Life Sciences, Commercial, and Higher Education industries. In fiscal year ending December 31, 2019, Huron generated $876.8 million in annual revenue, an increase from $795.1 million in 2018.

James McNerney

Walter James "Jim" McNerney Jr. is a business executive who was President and CEO of The Boeing Company, June 2005-July 2015. McNerney was also Chairman from June 2005 until March 1, 2016. McNerney oversaw development of the Boeing 737 MAX.

Workiva

Workiva, Inc. is a global SaaS company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.

Darko Dejanovic is a businessman currently serving as CEO of the ACTIVE Network, LLC.

Vincent L. Sadusky is the Chief Executive Officer at Univision Communications Inc. He previously served as CEO & President of Media General ahead of its sale to Nexstar Media Group. Previously, he served as the President, Chief Executive Officer and CFO of LIN Media. He also served as the Director of International Game Technology. He holds a BS degree from Pennsylvania State University and an MBA from New York Institute Of Technology.

Astronics Corporation American Aerospace Company

Astronics Corporation is a United States aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as NASDAQ: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.

SHI International Corp

SHI International Corp., formerly known as Software House International, is a privately owned provider of technology products and services, headquartered in Somerset, NJ. SHI has customers in the academic, corporate, enterprise, and public sector.

Stephanie Kugelman is a retired advertising executive, branding expert and executive mentor. She is the former Vice Chairman and Chief Strategic officer of Young & Rubicam Inc, which was a publicly traded S&P company until its acquisition by British holding company WPP plc in 2000 for $4.7 billion. Her career at Y&R started as a junior researcher and she remains a Vice Chairman Emeritus of the company. As a brand strategist, since 2011 has most recently served on the public boards of Whole Foods Market, and Young & Rubicam Inc, and sits on the board of Home Shopping Network(HSN). She is also Vice Chairman of Solera Capital, a New York private equity firm.

UPC Insurance

United Property & Casualty Insurance Company, Inc. is an American property and casualty insurance company with headquarters in Florida. It writes commercial, residential, homeowners’, and flood insurance policies in several coastal states. According to the most recent data available, UPC Insurance had about 159,170 active policies, accounting for just over 2.5 percent market share.

The Bahrain National Holding BSC (BNH) is a public holding company based in Manama. Established in 1969, it operates on all insurance and risk management solution services. In 1988 the National Insurance Company merged with the Bahrain Insurance Company to become BNH.

References

  1. "Leadership Team | Solera". www.solerainc.com. Retrieved 2016-07-12.
  2. "Solera Holdings Announces Jeffrey R. Tarr as New CEO | Solera". www.solera.com. Retrieved 2019-06-04.
  3. "10-Q SEC Filling".
  4. 1 2 "CEO Goes From Garage to Running a $5B Auto Co". Bloomberg. 20 February 2014. Retrieved 2016-07-11.
  5. Huetter, John (2019-06-04). "Aquila describes decision to leave Solera, gives full support to new CEO Tarr". Repairer Driven News. Retrieved 2019-06-05.
  6. ".02 Innovate". TONY AQUILA. Retrieved 2021-02-24.
  7. 7953615,Aquila, Anthony; Edward L. Schrenk& Patrick Coleet al.,"United States Patent: 7953615 - System and method of administering, tracking and managing of claims processing",issued May 31, 2011
  8. Releases, Business Wire News (2019-06-05). "Tony Aquila Retires from Solera Holdings | Financial Post" . Retrieved 2020-04-15.
  9. "Sportradar announces appointment of new chairman Tony Aquila with the addition of three international members". Sportradar. 2019-02-05. Retrieved 2019-06-04.
  10. "EYVoice: Team First Mentality Wins with Solera Holdings" . Retrieved 2016-07-12.
  11. "Dallas-Fort Worth's top execs pocketed fat pay packages in 2013" . Retrieved 2016-07-14.
  12. 1 2 3 4 "United States SEC Filings Form S-1". SEC. United States Securities and Exchange Commission. February 12, 2007. Retrieved July 14, 2016.
  13. 1 2 3 "Tony Aquila - Executive Bio, Compensation History, and Contacts - Equilar Atlas". people.equilar.com. Retrieved 2016-07-15.
  14. 1 2 "AGRR: Tony Aquila: "I Saw It as the Perfect Deal"" . Retrieved 2016-07-15.
  15. "Breakfast With: Tony Aquila – D Magazine". www.dmagazine.com. Retrieved 2016-07-15.
  16. "Tony Aquila | LinkedIn". www.linkedin.com. Retrieved 2016-07-15.
  17. "Tony Aquila Retires from Solera Holdings". www.businesswire.com. 2019-06-05. Retrieved 2019-06-07.
  18. 1 2 "GTCR Announces Partnership with Tony Aquila to Form Solera | Business Wire". www.businesswire.com. Retrieved 2016-07-15.
  19. myfirstclasslife (2015-04-16). "The 10 Highest Paid Tech CEOs" . Retrieved 2016-07-15.