Gordon Brothers Group appoints new national sales manager

A week after Gordon Brothers Group — a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors — tapped a new CEO, the company promoted Frank Grimaldi to national sales manager of the firm’s valuation and advisory services division.



Grimaldi will assume many of Steve Sigel’s responsibilities. Sigel, who is co-president of Gordon Brothers Group’s valuation and advisory services division, is retiring at the end of the year, after 12 years of service.



"Frank has been a key contributor to our business development team since he joined the firm in 2011," stated Sigel. “I am confident that Frank will be successful in this new capacity and continue to grow the business.”



"I am excited to build on the foundation that Steve has established for the Valuation & Advisory Services Division’s business development team,” said Grimaldi. “I look forward to this next step in my career at Gordon Brothers and supporting the firm’s plans for the future.”



Prior to joining Gordon Brothers Group, Grimaldi worked in the asset based lending industry where he oversaw work-out situations and business development initiatives. In addition, Grimaldi’s past experience includes the origination of investment opportunities and management of assets for a New York-based hedge fund.



Grimaldi is a member of the Commercial Finance Association and the New York Institute of Credit. He is the treasurer of the New York Chapter of the Turnaround Management Association and was recently appointed a trustee of the National Board of the Turnaround Management Associations. He holds a BBA from Hofstra University.