Phil Angelides

Phil Angelides has earned national acclaim as an effective public and private sector leader with an impressive record of advancing financial reform and corporate responsibility and forging innovative solutions to create jobs and economic progress. He has won widespread praise for his efforts to build the new green economy and for his groundbreaking work in sustainable development.

Mr. Angelides recently served as Chairman of the Financial Crisis Inquiry Commission, a ten member bipartisan panel created by federal law and charged with conducting the nation’s official inquiry into the causes of the financial and economic crisis. The Commission presented its report to the President and Congress in January 2011, concluding that the crisis was avoidable and was caused by widespread failures of regulation, dramatic breakdowns in corporate governance, excessive risk taking by Wall Street, government leaders ill-prepared for crisis, and systemic breaches in accountability and ethics. The report made the New York Times and Washington Post best sellers lists and The New York Review of Books hailed it as “the most comprehensive indictment of the American financial failure that has yet been made” and “the definitive history of this period.” In 2010, Mr. Angelides was named by Worth magazine as 7th among the 100 most powerful people in global finance.

Mr. Angelides is currently President of Riverview Capital Investments which focuses on clean energy projects and sustainable urban development. From 1999 to 2007, he served as California’s State Treasurer. The Associated Press reported that he made “the sleepy treasurer’s office a policy powerhouse,” and The Sacramento Bee praised Treasurer Angelides as “the most effective and dynamic state treasurer in a generation.”

During his eight years in elected office, Mr. Angelides put the weight of the state’s pension funds behind investment in clean energy and the fight against global warming – seeding the “green tech” investment revolution. He launched trailblazing initiatives to promote smart growth and to spur urban revitalization. He was a consistent and forceful voice against California’s deficit spending and excessive borrowing. And, as early as 2002, he warned of excesses in the nation’s financial markets, mobilizing pension funds and investors across the country to push for needed reforms.

As Treasurer, Mr. Angelides served as a trustee for California’s two major pension funds; managed the State’s $57 billion investment fund; financed over 100,000 units of affordable housing and $150 billion in schools, transportation, parks and other public projects; and earned record returns on state investments.

Mr. Angelides, 57, is a graduate of Harvard University and a Coro Foundation Fellow. He served from 1975 to 1983 in California government, where he was a widely respected policy leader in affordable housing, urban planning, and public finance. He entered the private sector in 1984 and, in 1986, formed his own real estate investment business, which pioneered the planning and building of smart growth communities and helped spark a national dialogue around building more livable, environmentally responsible cities. Among his projects was the new town of Laguna West, which was featured in Time, Newsweek, The New York Times, U.S. News and World Report and ABC-TV’s Good Morning America.

Since 2007, Mr. Angelides has served as Chairman of the Apollo Alliance, a national coalition of business, labor, environmental and community leaders committed to building a clean energy, good jobs economy.

Mr. Angelides has been active in the civic life of his community, state, and nation for more than three decades. He was the Democratic nominee for Governor of California in 2006. He served as Co-Chair of the Sacramento Mayor’s Commission on Education and the City’s Future in 1995-96, and then led a unique bi-partisan civic committee, which helped turn around the troubled Sacramento City Unified School District. He was Chairman of the California Democratic Party from 1991 to 1993, leading a remarkable campaign that turned California from red to blue - electing two women senators for the first time in any state’s history and carrying the state for a Democratic presidential candidate for the first time in 28 years.

Mr. Angelides has received numerous awards for his work, including the National Inner City Leadership Award from the Initiative for a Competitive Inner City; the California League of Conservation Voters’ Environmental Leadership Award; the Congress for the New Urbanism’s Lifetime Achievement Award; and induction into the California Housing Hall of Fame.

Mr. Angelides and his wife, Julie, have three daughters – Megan, Christina and Arianna.

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