NEW YORK, June 9, 2011 /PRNewswire/ -- Harris Interactive
(NASDAQ: HPOL), a leading global custom market research firm, today
announced the appointment of Al
Angrisani as its Interim Chief Executive Officer, effective
immediately. Mr. Angrisani succeeds Kimberly Till, who served as President and Chief
Executive Officer of the Company since October 2008. Mr. Angrisani has agreed to serve
as the Company's Interim Chief Executive Officer through
June 30, 2012 and, subject to mutual
concurrence, as the Company's President and Chief Executive Officer
for the fiscal year commencing July 1,
2012 and ending June 30,
2013.
(Logo: http://photos.prnewswire.com/prnh/20100518/NY06801LOGO
)
Howard Shecter, Chairman of
Harris Interactive's Board of Directors, said, "I have known Al for
more than 15 years and am pleased to welcome him back to
Harris. He has an outstanding
reputation as a corporate turnaround executive, a proven track
record of success in enhancing shareholder value, and significant
market research industry experience. Given his recent consulting
assignment, which involved conducting a review of Harris' strategy and operations, we believe
that he understands what steps Harris must take to improve its performance
and fully leverage its strong brand and innovative culture to
benefit its clients and shareholders."
Mr. Angrisani currently serves as Chairman and Chief Executive
Officer of Angrisani Turnarounds, LLC, an advisory firm for
underperforming companies. Mr. Angrisani served as President and
Chief Executive Officer of Greenfield
Online, a provider of global consumer attitudes about
products and services, from September
2005 until it was acquired by the Microsoft Corporation in
October 2008, and then provided
consulting services to Microsoft Corporation related to the
acquisition until September 2009.
Between November 2001 and
April 2004, Mr. Angrisani served as
President and Chief Operating Officer of Harris Interactive. Prior
to this role, he served as President and Chief Executive Officer of
Total Research Corporation from July
1998 through the Company's merger with Harris Interactive in
November 2001. Earlier in his career,
Mr. Angrisani served as President Reagan's U.S. Assistant Secretary
of Labor and Chief of Staff, and as a Vice President of Chase
Manhattan Bank in New York.
Additional details regarding Mr. Angrisani's appointment and Ms.
Till's departure can be found in the Company's Current Report on
Form 8-K filed today with the Securities and Exchange
Commission.
Cautionary Note Regarding Forward Looking Statements
Certain statements in this press release constitute
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. These statements include, among others, statements as to
future economic performance, projections as to financial items,
estimates, and plans and objectives for future operations, products
and services. In some cases, you can identify forward-looking
statements by terminology such as, "may", "should", "expects",
"plans", "anticipates", "feel", "believes", "estimates",
"predicts", "potential", "continue", "consider", "possibility", or
the negative of these terms or other comparable terminology. These
forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ materially
from those in the forward looking statements. Such risks and
uncertainties include, without limitation, risks detailed in the
"Risk Factors" section of the Company's most recent Annual Report
on Form 10-K, as updated quarterly in our Quarterly Reports on Form
10-Q to reflect additional material risks. The Company has filed
its reports on Forms 10-K and 10-Q with the Securities and Exchange
Commission, and they are available under the Investor Relations
section of our website at http://ir.harrisinteractive.com/. Risks
and uncertainties also include the continued volatility of the
global macroeconomic environment and its impact on the Company and
its clients, the Company's ability to sustain and grow its revenue
base, the Company's ability to maintain and improve cost efficient
operations, the impact of reorganization and restructuring and
related charges, quarterly variations in financial results, actions
of competitors, the Company's ability to develop and maintain
products and services attractive to the market, and uncertainties
surrounding compliance with certain NASDAQ listing
requirements.
You are urged to consider these factors carefully in evaluating
such forward-looking statements and are cautioned not to place
undue reliance on them. The forward-looking statements are
qualified in their entirety by this cautionary statement.
About Harris Interactive
Harris Interactive is one of the world's leading custom market
research firms, leveraging research, technology, and business
acumen to transform relevant insight into actionable foresight.
Known widely for the Harris Poll and for pioneering innovative
research methodologies, Harris
offers expertise in a wide range of industries including
healthcare, technology, public affairs, energy, telecommunications,
financial services, insurance, media, retail, restaurant, and
consumer package goods. Serving clients in over 215 countries and
territories through our North American, European, and Asian offices
and a network of independent market research firms, Harris specializes in delivering research
solutions that help us – and our clients – stay ahead of what's
next. For more information, please visit
www.harrisinteractive.com.
HPOL-F
Press Contact:
Michael T. Burns
Investor Relations
Harris Interactive Inc.
800-866-7655 x7328
mburns@harrisinteractive.com
SOURCE Harris Interactive