Al Angrisani | |
---|---|
Occupation | author, business consultant, corporate executive |
Known for | Assistant U.S. Secretary of Labor |
Albert Angrisani, also known as Al Angrisani is a leading expert on corporate turnarounds and the former Assistant U.S. Secretary of Labor 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.
Angrisani served as Vice President of Chase Manhattan Bank in New York from 1972 to 1980. When he left Chase to begin his tenure with the Reagan Administration, he was head of Strategic Planning for the Investment, Trust and Private Banking businesses.
Angrisani served as the Assistant U.S. Secretary of Labor 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.
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 to 1989.
In 1990, Angrisani started Angrisani Partners LLC, based in Princeton, New Jersey, which was an advisory and investment company that assisted troubled small-cap public companies restructure their business operations and balance sheets. After 1999, he expanded the business to include turnarounds of larger troubled public companies. In 2009, Angrisani changed the name of the company to Angrisani Turnarounds, LLC to reflect the company’s focus on creating sustainable turnarounds and shareholder value creation. Major distressed companies in the firm's portfolio include: