Tiger Group named Elaine Hughes, Irene Marks, Michael P. Muldowney and Daniel R. Schwarzwalder as the first four members of its newly launched board of advisors, which provides advice and counsel but is not involved in Tiger’s day-to-day operations.
David A. Spehar, a 30-year appraisal and disposition veteran whose work has encompassed more than 350 companies and thousands of retail stores across North America, joined Tiger Group as associate director of field operations.
Michael McGrail of Tiger Group explains how lenders can keep retail borrowers out of the danger zone by putting e-commerce under a microscope, getting granular about what is being sold, rethinking inventory aging and sticking to fundamentals.
William J. Mayer, a senior finance industry executive responsible for generating billions of dollars in growth during his 33 years at Wells Fargo and GE Capital, joined Tiger Group as executive managing director.
Jennifer A. Lewellyn, a 22-year retail veteran with experience in both managing healthy stores and liquidating underperforming locations, has joined Tiger Group as associate director of retail operations.
Brand executive and corporate counsel Eric Gul joined Tiger Group as a managing director. Gul has 22 years of experience in advising both public and private companies on IP, licensing, M&A, divestitures, financings and other matters involving consumer-facing brands.
Tiger Capital Group promoted Gail Glave from director of field financial operations to managing director. Glave began her career with Tiger as an assistant financial analyst at The Nassi Group (Tiger’s predecessor company) in 1997. She was promoted to lead financial analyst in 2003 and director of field financial operations in 2017.
Retail inventory valuations bounced back quickly in May and June as Americans responded to retail re-openings by hunting for bargains at liquidation sales, according to Tiger Capital Group executives.
Tiger Capital Group, a provider of asset valuation, advisory and disposition services, has promoted eight executives to the position of managing director.
Home furnishings industry veteran Mark Bannon joined Tiger Group as director of Furniture Solutions.