Daily News: January 18, 2013

Great American Group Subsidiary Names Director of Valuations


GA Europe Valuations, a subsidiary of Great American Group, said it has hired Gordon Titley as director of valuations in its London office.

Titley, who has more than 20 years of experience in asset-based lending and business restructuring, will manage the valuation activities for the company in Europe. His responsibilities will include a growing team of professionals to support machinery, stock and corporate valuations, while also providing management for quality control and client consultation. In addition to his role in Europe, Titley will also assist in long-range strategic and organizational planning for the company’s global appraisal business.

“Focusing on our continuing investment and commitment to building a worldwide valuation practice, I am excited about the superior skills and industry knowledge Gordon brings to the team,” said Lester Friedman, CEO of Great American Group’s Advisory & Valuation Services Division. “His experience, leadership and presence in London, one of our most active growth regions, are sure to enhance our ability to provide the highest quality of service and professionalism to our clients.”

Titley most recently served as a partner with ReSolve Partners, where he was responsible for maintaining and developing relationships with asset-based lenders and banks. Prior to that, he was chief operating officer with Duff & Phelps, a UK subsidiary of a global provider of financial advisory and investment banking services.

He began his career with GMAC Commercial Finance. Over his nearly 20 years with GMAC, he worked in a variety of capacities and eventually served as president/managing director supervising more than 200 employees with responsibility for more than $1.3 billion of lending across Europe.