Hilco Global appointed Eric Kaup and Ben Nortman, two of its leaders with more than 20 years at the firm, to the newly created positions of co-chief commercial officers. In their new roles, Kaup and Nortman will provide strategic and business development leadership at the holding company level. They will report directly to Jeffrey B. Hecktman, founder and CEO of Hilco.

“Eric Kaup and Ben Nortman are recognized and respected leaders in the financial services industry, having earned their strong reputation throughout their careers by structuring and executing many high-profile deals resulting in hundreds of millions of dollars in successful transactions,” Hecktman said.

As co-chief commercial officers, Kaup and Nortman will capitalize on synergies and adjacencies across all client-centered capabilities and expertise at Hilco. Their focus will include unlocking new deals earlier in the business lifecycle and taking a holistic approach to the suite of solutions that the Hilco platform offers.

“Eric and Ben’s innovative deal structuring, extensive industry knowledge and commitment to excellence make them the perfect leaders for this newly created position,” Hecktman said. “With a focus on strategic business development and client-centric initiatives, Eric and Ben will undoubtedly drive our integrated approach to the marketplace. This appointment reflects our dedication to sustained growth and delivering top-notch financial solutions to clients and partners worldwide.”

Kaup has served as the organization’s general counsel since 2007, and in his new role, will primarily focus on deals in the commercial industrial sector. In addition to his position as co-chief commercial officer, Nortman will continue to serve in his current role as CEO of Hilco Merchant Resources, with an increased emphasis on driving and closing transactions in the consumer/retail sector as part of his new role.