Al Angrisani
Encyclopedia
Albert Angrisani, also known as Al Angrisani is the former Assistant U.S. Secretary of Labor
and Chief of Staff
under President Ronald Reagan, as well as an author and business media
personality. As a result of his professional background in the public and private sector, he has been a regular commentator on several national news programs including CNBC, Fox Business News, and Bloomberg TV.
in New York from 1972 to 1980.
under President Ronald Reagan from 1980 to 1984. In this capacity, he served as a senior policy advisor
to President Reagan and played a major role in the economic recovery plan
that created 16 million new jobs.
He also was the author of the Job Training Partnership Act of 1982
, which was one of the nation's first public/private partnerships and a major part of the president's job creation program.
, Angrisani went on to hold executive positions with Arthur D. Little's Strategy Consulting
business division, from 1985 to 1989.
, which was an advisory and investment company that assisted troubled small-capitalization public companies restructure their business operations and balance sheets. After 1999, he expanded the business to include turnarounds of larger troubled public companies, including:
In 2009, Angrisani changed the company name to Angrisani Turnarounds, LLC to reflect the company's focus on creating sustainable turnarounds.
The model for change is a registered trademark of Angrisani Turnarounds, LLC.
Agrisani presents his views on why leading corporations in America have failed and how to restore their lost shareholder value. The book dissects some of the major problems in corporate America, likening them to the issues in a failing company.
The foreword of the book was written by John Kasich
, former U.S. Congressman and political commentator from Ohio. His foreword stated the following:
Television producer
s have utilized his background and knowledge of the labor market to put employment figures into perspective for a lay audience of businesspeople and consumers. He has been a regular commentator on CNBC/Fox News, discussing the state of the labor market, breaking down the national unemployment report and offering some ways the government can spur job growth.
United States Department of Labor
The United States Department of Labor is a Cabinet department of the United States government responsible for occupational safety, wage and hour standards, unemployment insurance benefits, re-employment services, and some economic statistics. Many U.S. states also have such departments. The...
and Chief of Staff
Chief of Staff
The title, chief of staff, identifies the leader of a complex organization, institution, or body of persons and it also may identify a Principal Staff Officer , who is the coordinator of the supporting staff or a primary aide to an important individual, such as a president.In general, a chief of...
under President Ronald Reagan, as well as an author and business media
Media market
A media market, broadcast market, media region, designated market area , Television Market Area , or simply market is a region where the population can receive the same television and radio station offerings, and may also include other types of media including newspapers and Internet content...
personality. As a result of his professional background in the public and private sector, he has been a regular commentator on several national news programs including CNBC, Fox Business News, and Bloomberg TV.
Chase Manhattan Bank
Angrisani served as Vice President of Chase Manhattan BankChase Manhattan Bank
JPMorgan Chase Bank, N.A., doing business as Chase, is a national bank that constitutes the consumer and commercial banking subsidiary of financial services firm JPMorgan Chase. The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000...
in New York from 1972 to 1980.
Assistant U.S. Secretary of Labor
Angrisani served as the Assistant U.S. Secretary of Labor and Chief of StaffChief of Staff
The title, chief of staff, identifies the leader of a complex organization, institution, or body of persons and it also may identify a Principal Staff Officer , who is the coordinator of the supporting staff or a primary aide to an important individual, such as a president.In general, a chief of...
under President Ronald Reagan from 1980 to 1984. In this capacity, he served as a senior policy advisor
Senior Advisor
In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor...
to President Reagan and played a major role in the economic recovery plan
Ronald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....
that created 16 million new jobs.
He also was the author of the Job Training Partnership Act of 1982
Job Training Partnership Act of 1982
The Job Training Partnership Act of 1982 was a United States federal law passed October 13, 1982, by the United States Department of Labor during the Reagan administration. The law was the successor to the previous federal job training legisltion, the Comprehensive Employment and Training Act...
, which was one of the nation's first public/private partnerships and a major part of the president's job creation program.
Arthur D. Little's Strategy Consulting
Following his service with the Reagan AdministrationReagan Administration
The United States presidency of Ronald Reagan, also known as the Reagan administration, was a Republican administration headed by Ronald Reagan from January 20, 1981, to January 20, 1989....
, Angrisani went on to hold executive positions with Arthur D. Little's Strategy Consulting
Arthur D. Little
Arthur D. Little is an international management consulting firm originally headquartered in Boston, Massachusetts, United States, and formally incorporated by that name in 1909 by Arthur Dehon Little, an MIT chemist who had discovered acetate. Arthur D. Little pioneered the concept of contracted...
business division, from 1985 to 1989.
Angrisani Partners LLC
In 1990, Angrisani started Angrisani Partners LLC, based in Princeton, New JerseyPrinceton, New Jersey
Princeton is a community located in Mercer County, New Jersey, United States. It is best known as the location of Princeton University, which has been sited in the community since 1756...
, which was an advisory and investment company that assisted troubled small-capitalization public companies restructure their business operations and balance sheets. After 1999, he expanded the business to include turnarounds of larger troubled public companies, including:
- Total Research, where he served as PresidentPresidentA president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...
and CEO from 1999 to 2002, overseeing the company's turnaround and a $100 million increase in its shareholder valueShareholder valueShareholder value is a business term, sometimes phrased as shareholder value maximization or as the shareholder value model, which implies that the ultimate measure of a company's success is the extent to which it enriches shareholders... - Harris InteractiveHarris InteractiveHarris Interactive , headquartered in New York, New York, is a custom market research firm, known for the Harris Poll. Harris works in a wide range of industries...
, Inc., an Internet marketing researchMarketing researchMarketing research is "the function that links the consumer, customer, and public to the marketer through information — information used to identify and define marketing opportunities and problems; generate, refine, and evaluate marketing actions; monitor marketing performance; and improve...
company, where Angrisani served as President and CEO from 2002 to 2004. As the leader of the organization, Angrisani led a turnaround that increased shareholder value by more than $200 million. - Greenfield Online/CiaoCiao (website)Ciao is a European based online-shopping portal with websites in the United Kingdom, France, Spain, Germany, the Netherlands, Italy and Sweden. In February 2008, the company launched an American version of the site, Ciao.com. The site provides a forum where registered users can write reviews and...
, the world's largest provider of global consumer attitudes about products and services, http://marketresearchbulletin.com/?p=513 began experiencing operating and financial difficulties in 2005 and turned to Angrisani for help. From 2005 to 2008, he served as President and CEO of the web-based comparison shopping and Internet survey solutions business units. During his three years with the company, Angrisani was able to reverse its financial and operational decline, presiding over the sale of the company to Microsoft Corporation for $497 million on October 13, 2008. This turnaround represented an increase of more than $300 million in shareholder value.
In 2009, Angrisani changed the company name to Angrisani Turnarounds, LLC to reflect the company's focus on creating sustainable turnarounds.
Angrisani Turnarounds, LLC
After 20 years of working in corporate turnarounds, Angrisani created the Angrisani Hierarchy of Value Creation Model (AHVCM) as a graphic depiction of his repeatable and step-by-step approach to turnarounds. ref>The model for change is a registered trademark of Angrisani Turnarounds, LLC.
Author: Win One for the $hareholders
In 2009, Angrisani wrote Win One for the $hareholders, presenting his background and professional knowledge as a turnaround executive and shareholder advocate. The book is a description of his model for corporate change and an exploration of current key economic issues.Agrisani presents his views on why leading corporations in America have failed and how to restore their lost shareholder value. The book dissects some of the major problems in corporate America, likening them to the issues in a failing company.
The foreword of the book was written by John Kasich
John Kasich
John Richard Kasich is the 69th and current Governor of Ohio. A member of the Republican Party, he previously served as a member of the United States House of Representatives, representing from 1983 to 2001...
, former U.S. Congressman and political commentator from Ohio. His foreword stated the following:
Media appearances
His experience in the public and private sector, and as an author, have made Angrisani a regular commentator on several national news programs including CNBC, Fox Business News, and Bloomberg TV.Television producer
Television producer
The primary role of a television Producer is to allow all aspects of video production, ranging from show idea development and cast hiring to shoot supervision and fact-checking...
s have utilized his background and knowledge of the labor market to put employment figures into perspective for a lay audience of businesspeople and consumers. He has been a regular commentator on CNBC/Fox News, discussing the state of the labor market, breaking down the national unemployment report and offering some ways the government can spur job growth.
Further reading
- Angrisani, Al. Win One for the Shareholders, New York: ELG Consulting, 2009. ISBN 978-0-615-27971-8
- Norman, Joan. "65% Fear Their Businesses Will Fail", Orange County Register, Santa Ana, October 28, 2009.
- Brownstein, Roland. "Repairing the Job Machine" National Journal Magazine, Washington, D.C. May 15, 2010.
- Tarran, Brian. "Ex-Greenfield chief Angrisani backs Opinionaided developer" Research, November 30, 2010.
- Lynley, Matthew. "Kurani Interactive Gets a Shot of Angel Funding to Get the Internet’s Opinion on the Fly" New York Times, New York, November 25, 2010.
- Angrisani, Al. "The Year of Mobile" NASDAQ, March 24, 2011.