Al Angrisani

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'Al Angrisani' Al (Albert) Angrisani is a well-known corporate turnaround expert, political figure, author and business media personality. His book Win One for the $hareholders, is a unique, authoritative look at why many of America’s leading corporations have failed and how to restore their lost shareholder value. Angrisani was one of President Reagan’s closest employment advisors and played a major role in the economic recovery that occurred during the Reagan years. As a result of his unique public and private sector experience, Angrisani is a sought-after guest commentator on national business news stations, including CNBC, Fox and Bloomberg TV.

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Al Angrisani

• Corporate Turnaround Expert and CEO focused on service companies in the media and information industries. Turnarounds include several well-known public companies.

• Assistant U.S. Secretary of Labor under President Reagan, 1980-84

• Business Media Personality/Commentator appearing on dozens of nationally broadcast news programs on CNBC, Fox Business Network and Bloomberg TV

• Author of the well-received Win One for the $hareholders

Author

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Win One for the $hareholders

In the 2009 book, Win One for the $hareholders, Angrisani clearly demonstrated his expertise as a turnaround executive and shareholder advocate. The volume is a description of his proven model for corporate change and an exploration of current key economic issues.

In powerful, straightforward language, the book dissects some of the major problems plaguing corporate America, likening them to the issues in a failing company. More importantly, he demonstrates how his solutions-oriented approach can save both troubled companies and the larger corporate system.

John Kasich, former U.S. Congressman, current [[1]] candidate in Ohio, political commentator and author of the Foreword to Win One for the $hareholders said this about the book: “More than ever, America and its corporate sector need answers and someone to help them step back from the cliff—back onto solid ground. Now, more than ever, we need new leadership, a proven business model and a renewed set of values that we can trust and lean on. I am confident that the lessons in Win One for the $hareholders will give you someone to lean on, as it provides you with clarity in these foggy times.”

Media Personality/Commentator

Like corporate America, the country’s business media is desperately seeking “clarity in these foggy times.” Angrisani’s ability to articulate possible solutions to the complex financial issues plaguing the American landscape have made him a regular commentator on several national news programs on CNBC, Fox Business News, and Bloomberg TV. Producers often call on him to put employment figures into perspective for a lay audience of businesspeople and consumers. His solutions-oriented approach and willingness to buck conventional wisdom have made him a valued contributor to a wide range of news programs. More than a turnaround expert, he is now viewed as a champion of free enterprise.

Career in Public Service

Serving in the public sector, Angrisani was President Reagan’s United States Assistant Secretary of Labor and Chief of Staff (1980-1984). In this capacity, he served as a senior policy advisor to President Reagan and contributed to an economic recovery plan that created 16 million new jobs. He also was the author of the Job Training Partnership Act which was one of the nation’s first public/private partnerships and a major part of the president’s job creation program.

Career in Private Sector

Prior to serving in the federal government, Angrisani was Vice President of Chase Manhattan Bank in New York (1972-1980). Then, following his service with the Reagan Administration, Angrisani went on to hold executive positions with Arthur D. Little’s Strategy Consulting business division, from 1985-1989.

Corporate Turnaround Expert and CEO

In 1990, Angrisani started Angrisani Partners LLC, Princeton NJ, 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 the hands-on turnaround of larger troubled public companies, including:

• Total Research, where he served as President and CEO from 1999 to 2002, overseeing the company’s turnaround and a $100 million increase in its shareholder value

• As President and CEO of Harris Interactive, Inc., a leading Internet marketing research company from 2002 to 2004, Angrisani led a turnaround that increased shareholder value by more than $200 million.

• Then, in 2005, when Greenfield Online/Ciao, the world’s largest provider of global consumer attitudes about products and services, was experiencing operating and financial difficulties, the company turned to Angrisani for help. For the next three years he served as President and CEO of two distinct business units: web-based comparison shopping and Internet survey solutions. During his three years with the company, he 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, he changed the company name to Angrisani Turnarounds, LLC, to reflect the company’s growing focus on creating sustainable turnarounds.

Model for Change

Over 20 years of successful turnarounds, Angrisani has created the Angrisani Hierarchy of Value Creation Model™ (AHVCM) as a tangible expression of his approach to turnarounds into an organized, repeatable and step-by-step formula for corporate success.

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Angrisani Hierarchy of Value Creation Model

The solutions-oriented approach of the model for change has been at the root of the successful turnarounds of several large, once-faltering companies, and it is a registered trademark of Angrisani Turnarounds, LLC.

Career Timeline

1972-1980, Vice President of Chase Manhattan Bank in New York

1980-1984, U.S. Assistant Secretary of Labor and Chief of Staff under President Reagan

1984-1999, Held several executive positions with Arthur D. Little’s Strategy Consulting business division

1999-2002, President and Chief Executive Officer of Total Research Corporation

2002-2004- President and Chief Operating Officer of Harris Interactive

2005-2008-President and CEO of Greenfield Online/Ciao

2009-Founded Angrisani Turnarounds, LLC

Public Positions, Common Sense Free Enterprise Solutions for America

Systemic Economic Problems Requiring Free Enterprise Solutions

“We're in a secular (long-term) recession that has exposed serious weaknesses across several major industries in America. Unless we specifically deal with these related unemployment issues, this recession is likely to be long and arduous. Unfortunately, the Congress and Administration have a blind spot when it comes to instituting free enterprise solutions like those that we employed in the Reagan Administration and some states are using successfully today.”

Current Recession Compared to Great Recession of 1980

“I believe there is good reason for business owners' growing concern. We are seeing that this recovery is different than the one that followed the last Great Recession of 1980. This one is built on massive government spending, which is now turning into tax and other cost increases for businesses. This contrasts with the lower taxes associated with the economic recovery of the early 1980's, built on the extensive Reagan tax cuts, designed to stimulate growth through free enterprise economics.”

Taxes, the Deficit and No-Growth Economics

“Business owners are starting to look down the road at the huge deficit and heavy tax load sure to land on their shoulders. So, while some have begun to feel slightly more positive about the economy and their businesses, deficit and new tax worries may be making them reluctant to hire full-time employees and grow their businesses.”