Kenneth Frieze Named CEO of Gordon Brothers Group's Appraisal & Valuation Division

BOSTON, Oct. 4 /PRNewswire/ -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced today that Kenneth S. Frieze has been appointed CEO of its Appraisal & Valuation Division.

"Gordon Brothers Group's appraisal and valuation business is positioned for significant growth across North America, Europe and Asia," stated Stewart Cohen, Chief Operating Officer of Gordon Brothers Group. "Ken's experience, both in appraisals and dispositions, will bring additional leadership to an already strong management team."

"Gordon Brothers Group has long been known for providing the highest quality, most accurate appraisals due to the market knowledge gained from our vast disposition activities across both the industrial and retail sectors," commented Kenneth Frieze. "Our opportunity is to ensure our clients can access our knowledge base easily and quickly."

Mr. Frieze continued, "To that end, we have added to each of our sector teams (retail inventory, consumer inventory, industrial inventory, machinery & equipment, real estate, brands and enterprise) experienced appraisers and are also adding to our local market representation."

During his seven year tenure at Gordon Brothers Group, Mr. Frieze led the firm's business development and marketing groups, established a brand acquisition and licensing practice and was President of Gordon Brothers Group's Appraisal & Valuation Division from 2003 until 2006 where he presided over the appraisal of over $100 billion of assets. During that time, he grew the appraisal and valuation business, expanded the industrial appraisal practice and created the market-leading brand appraisal product.

Prior to Gordon Brothers Group, Mr. Frieze was a management consultant with Bain & Company and a turnaround consultant with The Recovery Group, now renamed CRG Partners. He serves as a member of the Board of the International Turnaround Management Association and holds a BA from Lehigh University and an MBA from the Wharton School of the University of Pennsylvania.

About Gordon Brothers Group

Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion worth of transactions and appraisals annually.

SOURCE Gordon Brothers Group

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