Daily News: December 2, 2013

Tiger Group Promotes Three Managing Directors

Tiger Group announced that Christopher Huber, Jack Rapp and Bradley Snyder — all managing directors — were promoted to executive managing directors.

Huber, who is based in the asset valuation, advisory and disposition services firm’s Los Angeles office, began his career in 1986 as a CPA at Peat, Marwick and Mitchell, now known as KPMG. He subsequently joined The Nassi Group in 1989 as controller, remaining there until Tiger was formed in 2001. In addition to his financial reporting responsibilities, Huber has worked on numerous retail store liquidation projects and helped develop the firm’s retail inventory appraisal practice. His areas of expertise also include financial analysis and personnel administration

Rapp, who is based in Tiger’s New York office, has been involved in reorganizations and distressed company situations for more than 27 years, including three years at Tiger. His activities in corporate turnarounds and workouts have included general management, sales, production planning, store operations, and asset dispositions. Over the course of his career, he has worked on a consulting basis or in a managerial capacity at numerous national and regional discount, general merchandise and specialty store retailers, as well as at several apparel, consumer products and industrial companies. Rapp has also worked with major lending institutions in asset valuation engagements in multiple industries, analyzing more than $50 billion in retail and wholesale inventories and accounts receivable.

Snyder joined Tiger’s Boston office in 2011, where he focuses on business development and the structuring and completion of complex transactions, including asset acquisitions, sales, financings and brand-related deals. His business career spans 29 years, including 13 years as a practicing attorney. During a subsequent 12-year tenure at Gordon Brothers, he led deal teams on numerous key projects, including the acquisitions of Casual Corner, a financing for Eaton’s Department Stores, and the repositioning of over 80 department stores following Federated’s (now Macy’s) acquisition of May Department Stores. Snyder was also instrumental in the firm’s launch of a business unit that purchased, sold and licensed brands and other intellectual property. More recently, he was the operating managing partner at Infinity FS Brands, where he was instrumental in an equity investment in Linens ‘n Things and a debt financing for Fredericks of Hollywood.

“Chris, Jack and Brad are industry veterans who have been instrumental to Tiger’s rapid growth,” said Dan Kane, managing member. “In addition to being trusted advisors that I genuinely like working with, each has helped us expand into new markets and add to the services we offer our clients. These promotions are indicative of how valuable they are to Tiger and the important roles they play within our organization.”