Phil Angelides
Commission Chairman
Phil Angelides has earned national acclaim as an effective public and private sector leader with broad expertise and accomplishments in the fields of investor protection, finance, housing, and corporate and financial market reform. He has won widespread praise for his innovative work in urban reinvestment, smart growth and green investment.
Mr. Angelides was elected as California's State Treasurer and served from 1999-2007. 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, he transformed the State Treasurer's Office into a force for progress. As early as 2002, he warned of excesses and abuses in the nation's financial markets, mobilizing pension funds and investors across the country to push for reforms, fight fraud, curb egregious executive compensation, and expand shareholder and investor rights. He was a consistent and forceful voice against California's deficit spending and excessive borrowing. He 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. And, Mr. Angelides launched groundbreaking initiatives to promote smart growth and to spur urban revitalization.
During his tenure 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 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 communities. Mr. Angelides is currently President of Riverview Capital Investments which focuses on sustainable urban development and clean energy projects.
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 currently serves as the National Chairman of the Apollo Alliance, a coalition of business, labor, environmental and community leaders committed to building a clean energy, good jobs economy for America's future. 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.