Adlai Wertman (born August 22, 1959, in

Queens, New York Queens is the largest by area of the Boroughs of New York City, five boroughs of New York City, coextensive with Queens County, in the U.S. state of New York (state), New York. Located near the western end of Long Island, it is bordered by the ...

) is the David C. Bohnett Professor of Social Entrepreneurship at the

Marshall School of Business The USC Marshall School of Business is the business school of the University of Southern California. It is accredited by the Association to Advance Collegiate Schools of Business. In 1997 the school was renamed following a $35 million donation fr ...

at the

University of Southern California The University of Southern California (USC, SC, or Southern Cal) is a Private university, private research university in Los Angeles, California, United States. Founded in 1880 by Robert M. Widney, it is the oldest private research university in ...

.“USC Professor to Head LA Police, Fire Pension Fund”
''Los Angeles Business Journal''. August 17, 2009. Retrieved February 21, 2013. He is also the founding director of the Brittingham Social Enterprise Lab at Marshall, a center focused on using business education and resources to address global social, environmental and health challenges. From 2001 to 2007, Wertman was president and CEO o
Chrysalis
a

non-profit A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or so ...

, privately funded organization in

Los Angeles, California Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

, that helps homeless individuals secure employment through training and job placement. In 2005, Chrysalis helped 2,500

homeless people Homelessness, also known as houselessness or being unhoused or unsheltered, is the condition of lacking stable, safe, and functional housing. It includes living on the streets, moving between temporary accommodation with family or friends, liv ...

in Los Angeles find jobs.Berry, Kate (January 16, 2006). “Off the Street.” ''Los Angeles Business Journal''. In 2000, after 18 years as a

Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...

investment banker Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by unde ...

, Wertman left his job to run Chrysalis. His career switch, from investment banker managing director to homeless service provider, was profiled in the ''

Los Angeles Times The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of new ...

'', ''

The Jerusalem Post ''The Jerusalem Post'' is an English language, English-language Israeli broadsheet newspaper based in Jerusalem, Israel, founded in 1932 during the Mandate for Palestine, British Mandate of Mandatory Palestine, Palestine by Gershon Agron as ''Th ...

'', ''

Los Angeles Business Journal The ''Los Angeles Business Journal'', established in 1979, is a weekly newspaper and online news source in Los Angeles, California Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most po ...

'', and other publications. In 2009, Los Angeles Mayor

Antonio Villaraigosa Antonio Ramón Villaraigosa (; né Villar Jr. on January 23, 1953) is an American politician who served as the 41st Mayor of Los Angeles from 2005 to 2013. A member of the Democratic Party, Villaraigosa was a national co-chairman of Hillary C ...

appointed Wertman Commissioner of the Los Angeles Fire and Police Pension Fund, which oversees the city’s $14 billion uniformed employee

pension A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a " defined benefit plan", wh ...

portfolio. His term expired in 2011. Wertman is an advisory board member of the Roberts Enterprise Development Fund (REDF) and the Global Health Institute at the

Keck School of Medicine of USC The USC Keck School of Medicine is the medical school of the University of Southern California. The school teaches and trains physicians, biomedical scientists and other healthcare professionals, conducts medical research, and treats patients. F ...

and a trustee of the Jewish Community Foundation Los Angeles.Board of Trustees: Adlai Wertman
Jewish Community Foundation Los Angeles. Retrieved February 21, 2013. He is a senior fellow at the USC Center for Religion and Civic Culture and the

UCLA School of Public Affairs The UCLA Luskin School of Public Affairs (officially the UCLA Meyer and Renee Luskin School of Public Affairs) is the public affairs/public service graduate school at the University of California, Los Angeles. The school consists of three gradu ...

. He is also a Wexner Heritage Fellow. Wertman consults with numerous non-profits and government groups and is a frequent speaker on the issues of

social entrepreneurship Social entrepreneurship is an approach by individuals, groups, Startup company, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to ...

social enterprise A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners. Social enterprises ha ...

fundraising Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gathe ...

and non-profit management.Dr. Robert C. Wolcott and Adlai Wertman Headline 2010 Innovation & Humanity Summit
Center for Innovation & Humanity (press release). Retrieved February 21, 2013. Wertman earned his BA in

econometrics Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics", '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8 ...

from the

State University of New York at Stony Brook Stony Brook University (SBU), officially the State University of New York at Stony Brook, is a public university, public research university in Stony Brook, New York, United States, on Long Island. Along with the University at Buffalo, it is on ...

and his

MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

in finance, public policy management and

strategic planning Strategic planning is the activity undertaken by an organization through which it seeks to define its future direction and makes decisions such as resource allocation aimed at achieving its intended goals. "Strategy" has many definitions, but it ...

from

The Wharton School The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...

at the

University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...

. He lives in Los Angeles with his wife,

Janet Janet may refer to: Names * Janet (given name) Surname * Charles Janet (1849–1932), French engineer, inventor and biologist, known for the Left Step periodic table * Jules Janet (1861–1945), French psychologist and psychotherapist * Maur ...

, and their three children: Liana, Holly, and Elon.

References

External links

Society and Business Lab, USC Marshall School of Business
{{DEFAULTSORT:Wertman, Adlai University of Southern California faculty Stony Brook University alumni Wharton School alumni Living people 1959 births People from Queens, New York