Gordon Brothers appoints Karl Werner International Commercial & Industrial President

KUALA LUMPUR, Sept 22 -- Gordon Brothers, the global advisory, restructuring and investment firm, has named Karl Werner President, International Commercial & Industrial.

Werner, a former Ritchie Bros. executive, will join the senior leadership team to further develop and execute investment and disposition strategies across the firm’s International Commercial & Industrial practice.

He and his team will partner with companies, their investors, lenders and advisors to overcome operational challenges, transform their businesses and dispose of assets.

Werner comes to Gordon Brothers with an impressive 30-year track record in global asset management and disposition, demonstrating innovative leadership in the commercial, industrial and auction industries where his teams have generated more than US$1 billion in annual sales. (US$1 = RM4.187)

“We are delighted to welcome Karl to Gordon Brothers,” said Frank Morton, CEO of International for Gordon Brothers, in a statement.

“He is a talented and consummate leader in the field with a track record that speaks for itself. His understanding of the international market and customer-centric approach will be invaluable as we continue to expand our Commercial & Industrial practice.”

Meanwhile, Werner said: “Gordon Brothers understands the complexity and breadth of the industrial economy, and I am proud to build on its legacy of helping clients maximise opportunity through change and challenge.”

Gordon Brothers’ Commercial & Industrial practice provides short and long-term capital to clients undergoing change and values, acquires and disposes of assets across Australia, Brazil, Canada, Europe, Japan and the US.

Boston-headquartered Gordon Brothers conducts more than US$70 billion worth of dispositions and appraisals annually.

For more information, visit www.gordonbrothers.com.

-- BERNAMA