BOSTON, March 5, 2012 /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 Mr. Frank Morton will assume the role of Chief Executive Officer of Gordon Brothers Europe and will oversee the Gordon Brothers Group's businesses in Europe. Current Gordon Brothers Europe CEO, Mr. Alex Brick, will assume the role of Chairman of Gordon Brothers Europe.
Mr. Brick has been extremely effective in developing the Gordon Brothers Group's business and brand name in Europe. His impressive network in the U.K. and throughout Europe has resulted in numerous new relationships and business for Gordon Brothers Group and he will continue to focus on business development efforts. In addition, Mr. Brick will work on developing strategies to expand practice areas in Europe, particularly the core businesses of the Gordon Brothers Group platform in the U.S.
Mr. Morton has played an instrumental role as Gordon Brothers Group's Chief Investment Officer for Gordon Brothers' international businesses, assisting transaction teams in Europe and establishing and managing Gordon Brothers Group's successful joint venture in Japan. Mr. Morton's significant accomplishment of building a business in Japan, connecting a new market to our core competencies in the U.S., will also aide in the growth of Gordon Brothers Europe's business. He also brings to Europe his considerable experience of Gordon Brothers business in the United States.
Commenting on the appointment, Gary Talarico, President & Chief Executive Officer, Gordon Brothers Group said, "We have established a formidable platform in Europe and are poised for growth. Adding Frank Morton to our European business will help us to execute our growing pipeline of opportunities while simultaneously expanding our business practice areas. We look forward to having Alex continue to serve on our European leadership team as Chairman and help us continue to expand our business development efforts across the continent. His invaluable experience over the past several years in establishing our presence in both the U.K. and Europe has us very well-positioned for significant growth."
This transition will take place immediately. Both Mr. Morton and Mr. Brick will be based in Gordon Brothers Group's London office.
About Gordon Brothers Group
Founded in 1903, Gordon Brothers Group (http://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