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This profile was last updated on 5/24/13  and contains information from public web pages.
 
Background

Employment History

Board Memberships and Affiliations

9 Total References
Web References
Nancy and Albert Nasser ...
iseffoundation.org, 24 May 2013 [cached]
Nancy and Albert Nasser
The hotel is controlled by Albert ...
forward.com, 4 June 2009 [cached]
The hotel is controlled by Albert Nasser, a wealthy Jewish philanthropist with residences in Geneva and New York. To run the day-to-day operations at the Congress, Nasser brought in Shlomo Nahmias, an Israeli-born businessman who has put up mezuzas on the hotel's doors and won public support from his Orthodox rabbi for the hotel's battle with its striking workers.
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On the other side of the ledger, many Chicagoans have questioned why the union has been willing to stick with the strike, given that Nasser does not own any other hotels.
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The hotel was bought in 1987 by a consortium of investors led by Nasser. Nasser is related to the wealthy, Syrian-Jewish Safra family, and he has run the hotel with help from other family members.
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Albert Nasser is a board member of the International Sephardic Education Foundation, which aims to provide educational opportunities for young Sephardic Jews in Israel.
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Andjelkovich said that Nasser would not speak for this article because the corporation, not Nasser, runs the Congress.
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Nasser, though, described himself as a heavily involved chairman when he was deposed as part of the hotel's bankruptcy proceedings in 1998. He said that each week he received financial statements from Nahmias, and he would often respond by calling for more cost-cutting.
"Many times I took things off because I think it's not necessary, or, if he wanted to make a certain contract, I squeezed him to bargain a little bit more," Nasser said in the deposition. (The hotel ended the bankruptcy proceedings after it emerged that the owners had been trying to sell the hotel.)
Workers who are on strike say that after Nasser and his consortium bought the hotel, the treatment of employees got worse.
Hotel Workers Rising :: Lifting One Another Above the Poverty Line :: News/Press :: Press Release
rising.clevernamehere.com, 14 May 2007 [cached]
The hotel's majority owner, Albert Nasser, is an executive board member of the International Sephardic Education Foundation (ISEF), a scholarship fund for Israeli students, which will be holding its annual gala dinner at the Mandarin Oriental Hotel on Monday. The workers on strike will rally outside the hotel with religious leaders and community allies to tell the Nasser family that they can no longer ignore the hard-working men and women at the Congress Hotel. They feel that it is unfair that Nasser supports higher education for some, while depriving their own children of the basic necessities they need.
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Nasser refuses to hear us, so we will have to come to him.
Hotel Workers Rising :: Lifting One Another Above the Poverty Line :: News/Press :: Press Release
www.hotellaboradvisor.com, 14 May 2007 [cached]
The hotel's majority owner, Albert Nasser, is an executive board member of the International Sephardic Education Foundation (ISEF), a scholarship fund for Israeli students, which will be holding its annual gala dinner at the Mandarin Oriental Hotel on Monday. The workers on strike will rally outside the hotel with religious leaders and community allies to tell the Nasser family that they can no longer ignore the hard-working men and women at the Congress Hotel.They feel that it is unfair that Nasser supports higher education for some, while depriving their own children of the basic necessities they need.
...
Nasser refuses to hear us, so we will have to come to him."
Isef.org
www.isef.org, 17 May 2009 [cached]
Albert Nasser
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