Michael P. Albarelli III, CEO of Amloid, passed away on August 13 at 38 years old. He sustained significant head injuries following a tragic fall in his home.
“It’s a hard day today to start the remaining journey without my beautiful son Mike, but my son Joe and I will forge ahead, as Mike worked so hard and gave so much of himself to improve our lives,” said Michael Albarelli, Jr., president, Amloid.
“My brother will be missed greatly, but we will continue to work to ensure his vision and passion for our business are kept alive,” said Joseph Albarelli, COO, Amloid.
Albarelli took the helm of the Amloid family business in 2007. Amloid was founded in 1916 by Albarelli’s great-grandfather and has seen four generations of Albarelli leadership over the last century. Albarelli lead the fourth generation of the company, and though Amloid is more than 100 years old, he prided himself that the company today runs more like an entrepreneurial and rapidly growing start-up.
Under Albarellis leadership, Amloid rose to be the third largest player in junior construction, cemented powerful licensing partnerships, and continued to innovate the company’s product offerings while diversifying their sales channels globally.
Albarelli was a respected leader and businessman, and his passion for the family business was only surpassed by his love of his own family. He was a loving and supporting partner to his wife, Shannon, of seven years who he started dating in college and who Mike was always proud to say is a fellow entrepreneur. Albarelli also had two sons.
Albarelli is a graduate of Brown University and Delbarton School where he thrived in athletics and academics. He excelled in lacrosse and served as captain of the U-19 USA Team as well as captain of the Brown lacrosse team.
Albarelli is survived by his parents, Michael Albarelli, Jr., and Susan, his brother Joseph, sister-in-law Kristin, his wife Shannon, and sons Sam and Will, 5 and 3.
The family invites all who wish to pay their respects and celebrate Albarelli’s life to attend a memorial service this Saturday, August 18 at 11 a.m. at Delbarton School (230 Mendham Rd, Morristown, NJ 07960). A reception will follow at the Black Horse Tavern & Pub (1 W Main St., Mendham, NJ 07945).
In lieu of flowers, donations in Mike’s name can be made to Goryeb Children’s Hospital in Morristown, NJ.
