Richard Nicolosi
Richard Nicolosi has had a long and successful career in the business world. He has taken companies that were failing and transformed them into viable candidates for sale that exemplify return on investment. His experience and track record speak for themselves, and his commitment to performance has earned him a reputation in many powerful business circles. Mr. Nicolosi received his bachelor’s degree, cum laude, from the University of Notre Dame. Immediately following this, he joined up with the international Fortune 500 consumer goods company Procter & Gamble (P&G). At P&G Richard Nicolosi worked his way up from the ranks, distinguishing himself along the way. He served variously as the company’s youngest-ever Sector President, youngest-ever Group Vice President, and youngest-ever Corporate Vice President. After his long time with P&G, Richard Nicolosi began work with Scott Paper Company. Mr. Nicolosi again showed himself to be a capable professional by restructuring operations, reducing costs and improving price realization. He initiated innovative business strategies, products, packaging and more advertising that resulted in doubled operating profit and returns on investment in the neighborhood of 23%. Ultimately the company was positioned globally and established global brand coherence and strengthened consumer acceptance. Mr. Nicolosi’s next success story came from the Samsonite Corporation, where he restructured, streamlined, and refocused the business while significantly strengthening the balance sheet through secondary offering, sale of non-core assets and increased cash flow. As a result, Samsonite achieved profitability in six months, increased EBITDA significantly and boosted annual per-share value to over $2.50. 50% of the company was tendered in due at $40 per share in a deal sponsored by Oppenheimer/CIBC. Today Mr. Richard Nicolosi is the Chief Executive Officer of Nicolosi Advisors, a world-class consultant firm to companies in the consumer products sector. Richard Nicolosi and Nicolosi Advisors serve a diverse and impressive client base, including two multi-billion dollar divisions of one of the largest private companies in the United States. Nicolosi Advisors is known for its precise focus on strategic planning and marketing plan/executional upgrades.