Daily News: May 20, 2014

Gordon Brothers Group Names Muldowney CFO

Gordon Brothers Group announced that Michael P. Muldowney joined the firm as chief financial officer. Muldowney’s primary focus will be to work with all business units on transactional, strategic, financial and operational initiatives. He will also serve as a member of the executive committee.

Prior to Gordon Brothers Group, Muldowney was the founder and chief executive officer of Foxford Capital, a strategic, financial advisory and investment management firm. There he led the planning, start-up and growth of this boutique business that provided advisory services. Prior to this role, he served as Interim chief executive officer, executive vice president and chief financial officer of global education leader, Houghton Mifflin Harcourt. In this capacity he also oversaw Corporate Affairs, Human Resources, and the HMH Innovation Fund. In March of 2010, he led the company’s successful $7.4 billion out-of-court restructuring, one of the largest balance sheet restructurings of its kind. Earlier in his career, Muldowney held various positions including president, at Nextera Enterprises, partner at Oliver Wyman, (formerly Mercer Management Consulting) and various management positions at Marsh & McLennan Companies.

“We are thrilled to welcome to Gordon Brothers such an accomplished professional with over 25 years of comprehensive business experience. Michael’s proven track record will be a tremendous asset as we focus on continued growth and business enhancements firm-wide. We are equally excited about the proven leadership and management skills that Michael will add to our executive team,” stated Ken Frieze, president of Gordon Brothers Group.