Gordon Brothers finance unit names board member CEO

Eugene Martin was named president and CEO at Gordon Brothers Finance Company succeeding Patrick Dalton who had previously announced plans to step down.



Martin is a current Gordon Brothers Finance Company (GBFC) board member and a veteran finance industry executive. He most recently served as co-head of global leveraged and acquisition finance at Morgan Stanley where he oversaw and managed the build-out of the business globally. At Morgan Stanley, Martin was also a senior member of the firm's capital commitments committee and served as chairman of Morgan Stanley's high yield underwriting committee. Before his 10 year tenure at Morgan Stanley, Martin was a managing director in leveraged finance at Donaldson, Lufkin and Jenrette (DLJ) and Credit Suisse First Boston. Martin started his career in credit as an analyst at Shawmut Bank in 1990 where he worked on financings for small and medium-sized middle market companies in New England.



He succeeds Patrick Dalton who previously informed the board of his intent to pursue other opportunities, according to a statement from the company.



GBFC is a is a specialty-lending business created in Nov. 2014 to invest in asset-based loans to middle market companies. It is jointly owned by Gordon Brothers Group and BlackRock Capital Investment Corporation.



“We are grateful to Patrick for helping to establish GBFC as a leader in the direct lending industry, and we look to Gene to continue the firm’s development,” said Michael G. Frieze, chairman and chief investment officer of Gordon Brothers Group and GBFC board member. “Gene has a strong track record of building global lending businesses and teams. His experience in the industry and with the firm makes him the ideal fit for this role and I look forward to his contributions as CEO.”