Adalai Wertman, Executive Director , Chrysalis

  

Adlai Wertman is currently the President and Chief Executive Officer of Chrysalis, a nationally recognized non-profit agency dedicated to helping homeless individuals become self-sufficient through jobs.  Prior to joining Chrysalis, Mr. Wertman served for nearly two decades as a senior investment banker, most recently serving as Managing Director and Manager of Prudential Securities’ West Coast Regional Public Investment Banking Group.  He had been at Prudential for over ten years following positions at Chase Securities and Bear Stearns.  During his career Mr. Wertman served as senior banker for over $20 billion of financings for a broad range of governmental and not-for-profit clients throughout the country. He has also managed several major Wall Street departments and has led dozens of large and diverse project teams. 

Mr. Wertman has been active in his community throughout his life.  During his career, he has served as advisor to numerous public officials and political candidates and served on the Board of Directors of the National Jewish Democratic Council.  Since 1998 he served on the Board of Directors for Chrysalis (including one year as Chairman of the Board) and in January 2001 was selected to become the new President and CEO.  He serves as a Board Member of: Southern California Community Ventures; Kehillat Israel in Pacific Palisades; and the Reconstructionist Rabbinical College in Philadelphia.  Mr. Wertman is also a Wexner Heritage Fellow. 

Mr. Wertman earned his MBA with a double major in Finance and Public Policy Management and a Concentration in Strategic Planning from The Wharton School of the University of Pennsylvania.  He received his BA with Honors in Economics from the State University of New York at Stony Brook.  He was also the recipient of the 1980 Award for Outstanding Leadership and Service to the Stony Brook University Community.   Mr. Wertman has been a guest lecturer at Columbia Graduate Business School and has lectured throughout the country on capital formation and fundraising issues for government and not-for-profit entities.  Mr. Wertman was also a contributing author of The Guide to Federal Resources for Economic Development.  Mr. Wertman lives in Los Angeles with his wife, Janet Ambrosi Wertman and their three children  - Liana, Holly and Elon

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