Albert D. Indelicato

Mr. Indelicato is the CEO of The Barish Fund.
He got his start in 1970 as an engineer for Abex Corp.
In 1984 he became Vice President of Engineering and Product Assurance for Abex.
He directed several successful technology transfers, cost reduction and capacity utilization programs, and provided operational support to the company’s licensees worldwide.
Three years later Mr. Indelicato became President of Abex Friction Products.
In this role he developed a highly focused management team that oversaw substantial growth in earnings, cash generation and market share while completely eliminating asbestos from the company’s entire product line.
He became President and COO of Abex in 1993, where he oversaw Abex Friction Products, Abex NWL Aerospace and Jetway Systems.
In two years Abex stock increased over 100%, and was subsequently merged with Ronald Perelman’s MacAndrews & Forbes.
During this transaction, the company’s aerospace assets were spun off as Power Control Technologies, of which Mr. Indelicato served as CEO until 1996.
From 1996 to 1998 he served as President of Litorale Holding, an enterprise consulting and acquisition firm that served a broad client base across the chemical, automotive, semi-conductor, environmental service and medical record industries.
In 1998 he became President and CEO of AMTROL, a producer and marketer of flow and expansion control technology.
In this role, Mr. Indelicato managed a complete turnaround of the company, which was not compliant with its bank covenants.
In 2000 he also became Chairman of AMTROL.
He resigned from the company in 2005 to become CEO of The Barish Fund.