|
Analyst Reviews
Industry
analysts that Al and his proven turnaround model can make the
difference between renewal and failure for a troubled company.
Kyle
Evans, Stephens, Inc.
“We believe the Board made the right decision appointing Al
Angrisani as SRVY's new CEO. He was successful in his tenures at Total
Research and Harris Interactive, and we expect him to integrate SRVY's
recent acquisitions, realign the Company's expense structure to better
match its revenue opportunity, and improve the quality of its data
assets.” –
September 4, 2005
“We believe Al Angrisani can turn Greenfield Online's online
market research business around, and that the successful integration of
the Company's panel assets and signs of growth in the second half of
2006 could move the stock back into the double digits.” – February 8,
2006
"...we believe Al Angrisani continues to execute on his well-defined
turnaround plans.” –
August 8, 2006
“Al Angrisani is a proven turnaround CEO and is properly
motivated through substantial option ownership...... The new CEO
[Angrisani] has lowered SG&A expenses, invested in panel
assets,
maintained an impressive gross margin and grew EBIT margin 900 bps
sequentially to 15.1% in 2Q.” – September 28, 2006
"SRVY's business now appears to be on much more solid ground from a
managerial, operational, competitive and strategic perspective after18
months under the guidance of Al Angrisani." – May 11, 2007
Doug
Anmuth, Lehman Brothers
“Importantly, under new CEO, Albert Angrisani, Greenfield is
beginning to address the issues and is focused on improving operations
by 1) normalizing the cost structure through headcount and overhead
reductions, and 2) stabilizing the top-line by reorganizing the sales
force and improving customer service and survey execution.” – November 10, 2005
“.....we believe there are no quick fixes at SRVY and the new
CEO
is on the right path in terms of rightsizing the co. while preparing it
for future growth” –
February 10, 2006
“We are more optimistic on Greenfield based on the company's
progress over the last couple quarters under new CEO Al Angrisani...
“ –
May 9, 2006
Sandra
Notardonato, Adams Harkness & Hill
“…With the leadership of its current COO and
president,
Mr. Al Angrisani, who joined Harris Interactive following the
acquisition of Total Research in November 2001, Harris Interactive
turned the corner on profitability in its fiscal Q4 of FY02.”
–
December 18, 2003
Collin
Gillis, Adams Harkness & Hill
“New CEO Albert Angrisani had served at Harris Interactive,
and
is viewed as an aggressive leader with deep connections in the
marketing research industry.” – September 30, 2005
Ali
Raza, Red Chip Companies
“Mr. Angrisani brings strong industry turnaround experience.
He
was instrumental in the successful turnarounds of, first, Total
Research and, then, Harris Interactive. Under his leadership, Harris
achieved operating profitability, delivered over $250 million in
incremental shareholder value and went from losing money when Mr.
Angrisani joined to double-digit EBITDA margins by the time he
left.” –
December 19, 2005
|
|
|
Recent
Transactions
Analyst
Reviews
About
the Company
TURNAROUND FACTS
General
Motors'
long descent in bankruptcy really started in 1986, when Ross Perot was
asked to leave the Board of Directors. Said Perot on departure,
“When we find a snake at my company, EDS, the first thing we
do
is kill it. At GM, the first thing you do is set up a committee on
snakes. Then you bring in a consultant who knows a lot about snakes.
The third thing you do is talk about it for a year.” |
|
|
