Robert Paglia Named Chief Operating Officer of Gordon Brothers Group

BOSTON, Aug. 4, 2011 /PRNewswire/ -- Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, has named Robert L. Paglia Chief Operating Officer, having served most recently as the firm's Chief Financial Officer and Chief Administrative Officer. Mr. Paglia will focus on the oversight of Gordon Brothers Group's operating, financial planning, human resource, administrative, corporate marketing, and information technology functions in support of the firm's global platform of integrated operating and capital solutions.

"Bob has effectively been performing in the capacity of Chief Operating Officer for the past year. This well-deserved promotion is a testament to his invaluable experience as a seasoned executive and key member of our leadership team," stated Gary Talarico, President and Chief Executive Officer, Gordon Brothers Group. "Bob will continue to be an instrumental part of the leadership team while working closely with our division heads on mission-critical financial and operational strategies that support the expansion of our product, industry and geographic coverage."

Mr. Paglia added, "I look forward to continuing to find innovative ways to apply financial, operational and technological strategies to maximize value for the operating companies, lenders and investors we serve."

Mr. Paglia, who joined Gordon Brothers Group in 2008, has over 35 years in both public accounting and industry as a partner at PricewaterhouseCoopers and Executive Managing Director of Duff & Phelps, LLC and Standard & Poor's Corporate Value Consulting. He is actively involved in numerous community and civic endeavors. He is a board member of the Make-A-Wish Foundation of America and member of the Board of Overseers for Newton Wellesley Hospital. Mr. Paglia received his MBA from Columbia University and his Bachelor's degree from Boston College.

In related news, Gordon Brothers Group has initiated an executive search for a new Chief Financial Officer to be based out of the firm's Boston headquarters.

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 and equity financing, 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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