Gordon Brothers appointed Laurence Sax chief operating officer. As COO, Sax will lead Gordon Brothers’ finance, accounting, treasury, financial planning, corporate development and information technology functions. He has more than 30 years of operating, finance, and turnaround and restructuring experience.
“I am very excited to welcome Larry to our leadership team,” Kenneth Frieze, CEO of Gordon Brothers, said. “Larry’s extensive restructuring and operational experience is a perfect fit for our firm. He will further enhance our ability to rapidly serve our clients with capital-led solutions.”
Sax joined Gordon Brothers from Alvarez & Marsal. During his 12 years with Alvarez & Marsal, his responsibilities included interim management appointments (CFO, COO and CRO), recapitalizations, divestitures, bankruptcies, liquidations, business planning and cash management. Sax previously held positions as a turnaround and restructuring professional at NHB Advisors and PricewaterhouseCoopers and as manager of finance at Fidelity Investments. Sax also founded, owned and operated Cap Factory, a specialty retail chain with locations across the U.S. He is also a Certified Turnaround Professional (CTP).
“Gordon Brothers is a stalwart firm with dedicated experts throughout the marketplace and a truly global reach,” Sax said. “I am poised to work with and support the Gordon Brothers team as we lead our clients through the current climate and beyond.”
Gordon Brothers is a global advisory, restructuring, and investment firm.
