Gordon Brothers Group Names Yvonne Kizner As Managing Director

Apr 10, 2001, 01:00 ET from Gordon Brothers Group, LLC

    BOSTON, April 10 /PRNewswire/ -- Boston-based Gordon Brothers Group, LLC,
 today announced the appointment of Yvonne Kizner as a Managing Director of the
 company.  She has been serving as Director of the company's inventory
 appraisal business segment, Gordon Brothers Asset Advisors, LLC, since 1999.
     "This promotion is a direct result of the vital contribution Yvonne has
 made to the development of our appraisal business," said Michael Frieze, CEO
 of the retail restructuring, finance and advisory firm in making the
 appointment.  "Her group has consistently upheld the highest standards in
 assessing retail inventories for our clients in the lending community."
     "Few people in the retail industry have Yvonne's knowledge of the complex
 issues surrounding inventory valuation," continued Frieze.  "As we expand our
 financial and asset disposition services to the North American and
 international retail communities, Yvonne's expertise will continue to be an
 incredible asset to our clients."
     Prior to joining Gordon Brothers in 1995, Ms. Kizner was a senior
 associate with Coopers & Lybrand, now PricewaterHouseCoopers, LLC.  She is a
 member of the Board of Trustees for the Boston-based Women's Educational and
 Industrial Union (WEIU), which provides career training and programs for women
 in crisis and their families.
     She is a graduate of Babson College and is a Certified Public Accountant.
     Founded in 1903, Gordon Brothers helps both healthy and underperforming
 retail companies maximize the value of their assets through the disposition of
 excess inventory and real estate, the facilitation of mergers and
 acquisitions, the appraisal of retail assets and the provision of equity and
 Tranche B capital.
     During the past two years, Gordon Brothers converted over $9 billion worth
 of inventory into cash for its clients, disposed of and/or mitigated over $2
 billion of leasehold obligations, conducted appraisals on $40 billion of
 retail inventories, and provided financing to some of the nation's premier
 retailers.
 
 

SOURCE Gordon Brothers Group, LLC
    BOSTON, April 10 /PRNewswire/ -- Boston-based Gordon Brothers Group, LLC,
 today announced the appointment of Yvonne Kizner as a Managing Director of the
 company.  She has been serving as Director of the company's inventory
 appraisal business segment, Gordon Brothers Asset Advisors, LLC, since 1999.
     "This promotion is a direct result of the vital contribution Yvonne has
 made to the development of our appraisal business," said Michael Frieze, CEO
 of the retail restructuring, finance and advisory firm in making the
 appointment.  "Her group has consistently upheld the highest standards in
 assessing retail inventories for our clients in the lending community."
     "Few people in the retail industry have Yvonne's knowledge of the complex
 issues surrounding inventory valuation," continued Frieze.  "As we expand our
 financial and asset disposition services to the North American and
 international retail communities, Yvonne's expertise will continue to be an
 incredible asset to our clients."
     Prior to joining Gordon Brothers in 1995, Ms. Kizner was a senior
 associate with Coopers & Lybrand, now PricewaterHouseCoopers, LLC.  She is a
 member of the Board of Trustees for the Boston-based Women's Educational and
 Industrial Union (WEIU), which provides career training and programs for women
 in crisis and their families.
     She is a graduate of Babson College and is a Certified Public Accountant.
     Founded in 1903, Gordon Brothers helps both healthy and underperforming
 retail companies maximize the value of their assets through the disposition of
 excess inventory and real estate, the facilitation of mergers and
 acquisitions, the appraisal of retail assets and the provision of equity and
 Tranche B capital.
     During the past two years, Gordon Brothers converted over $9 billion worth
 of inventory into cash for its clients, disposed of and/or mitigated over $2
 billion of leasehold obligations, conducted appraisals on $40 billion of
 retail inventories, and provided financing to some of the nation's premier
 retailers.
 
 SOURCE  Gordon Brothers Group, LLC