Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, has named Robert E. Grosskopf and Richard P. Edwards as co-presidents of the retail division.
They will jointly assume responsibility for the division's growth strategy while overseeing all client engagements and daily operations.
Kevin J. Kulinowski, having served as president of the retail division for the past three and a half years will assume the position of senior adviser charged with maximizing asset values, project strategy, due diligence and appraisal valuations as well as working with key clients.
"Given Bob and Rick's combined 40 years at Gordon Brothers and strong relationships in the industry, this transition will be seamless and position the retail division extremely well for the future," stated Ken Frieze, president of Gordon Brothers Group. "Rick, Bob and Kevin have spent many years working together to guide the retail division. While their roles are changing, their continued partnership promises to maintain the retail division as the market leader for event-driven inventory and fixture solutions for retailers, their lenders and advisors.”
Gordon Brothers Group has also hired Andrew H. Stone as managing director of field operations in the retail division. Stone has more than 25 years of retail experience and has held previous senior management positions at Office Depot. Stone will work closely with Kulinowski, spending time alongside Gordon Brothers Group's field consultants on various projects to gain an inside perspective on the asset disposition business.
"We are excited to continue working with Kevin in this specialized capacity and build upon the strong performance and superior client service that he has fostered over the past three and a half years," said Edwards and Grosskopf in a joint statement. "We look forward to this period of growth for the retail division and the capabilities that Andy brings to the team.”