Great American Group Corporate Team

Great American Group Team

Corporate

	Andrew Gumaer Chief Executive Officer agumaer@greatamerican.com Quote: "Try not to become a man of success but rather to become a man of value." - Albert Einstein Years of Experience: More than 25 years of experience in the liquidation industry. Responsibilities: Andy manages all aspects of Great American Group’s operations, investment criteria, and strategic growth. Accomplishments: Andy co-founded Great American Group and spearheaded the ﬁnancing, direction, and growth from annual sales of $10 million to over $750 million annually. He has also structured and negotiated some of the largest and most successful transactions with clients such as Circuit City, Sears, Kmart, CompUSA, and Woolworth Canada. Formerly, Andy served as Senior Vice President with the investment banking ﬁrm Drexel Burnham Lambert. Member: Commercial Finance Association, Turnaround Management Association, and the American Bankruptcy Institute
	Harvey M. Yellen Vice Chairman and President hyellen@greatamerican.com Quote: "Powerful teams are made up of powerful individuals." - Harvey M. Yellen Years of Experience: More than 40 years of diverse retail business experience. Responsibilities: Harvey’s innate leadership skills and immense knowledge of the liquidation industry are paramount to the success of Great American Group and have resulted in some of the most successful liquidations in the industry. Accomplishments: President, CEO, and COO to various retail companies, including: Allied Department Stores, a 100-store chain; Sieferts/Spurgeons, a $100 million women’s apparel chain; Fashion Crossroads, a 300-store women’s specialty chain; Sky City Stores, a 57-store discount chain; and Bargain Town Stores, a 50-store discount operation. Education: Louisiana State University, Bachelor of Science in Management and Marketing
	Paul S. Erickson Executive Vice President, Chief Financial Officer perickson@greatamerican.com Quote: "There is less to fear from outside competition than from inside inefficiency, discourtesy, and bad service." - Anonymous Years of Experience: More than 17 years of retail ﬁnancial management experience holding positions such as: Retail Division General Manager/Controller for Guess? Inc, Chief Financial Ofﬁcer for Joan Vass, Inc, and Chief Financial Ofﬁcer of 1001, Inc, a retail and manufacturing company. Responsibilities: More than 10 years of experience in the liquidation industry, with the past seven years as Chief Financial Ofﬁcer of Great American Group. Accomplishments: Financial management positions at General Motors and Hughes Aircraft. Education: California State University-Northridge, Bachelor of Science in Finance and Accounting; University of Phoenix, Master of Science in Business Administration
	Thomas E. Pabst Chief Operating Officer tpabst@greatamerican.com Quote: "Transactions come and go, but relationships last forever. Treat all clients fairly and with respect, because one deal begets another." - Tom Pabst Years of Experience: Tom is a CPA with more than 20 years of experience in all phases of ﬁnance, operations, and systems management in the retail ﬁeld and other industries. Responsibilities: Assisting in some of the largest liquidation transactions in history, including Tower Records, Lord & Taylor, Collins & Aikman, Pacific Lumber, and Midas Muffler. Tom’s extensive background in the home furnishings industry was instrumental in such transactions as Breuners Home Furnishings, HomeLife, and Heilig-Meyers. Accomplishments: Negotiated and closed a range of acquisition and divesture transactions, along with debt and stock instruments of all types. Education: University of Illinois at Urbana-Champaign, Bachelor of Science in Accounting
	Brian Yellen Executive Vice President byellen@greatamerican.com Quote: "Knowledge is power." - Francis Bacon Years of Experience: With more than 15 years in the liquidation industry, Brian has been instrumental in the liquidations of numerous retail, distribution, and manufacturing companies. Responsibilities: Negotiates and structures the liquidations of clients such as Bachrach Clothing, OfﬁceMax, Black and Decker, The Museum Company, Arthur Andersen, Marty Shoes, and San Francisco Music Box. Accomplishments: Brian’s extensive experience in marketing and client relationship development was a signiﬁcant factor in Great American Group entering into the ﬁeld of hospital liquidations, such as St. Agnes Hospital, Edgewater Medical Center, United Hospital, and Waltham Hospital. Education: University of Alabama, Bachelor of Science in Business World Wide College of Auctioneering
	Mark P. Naughton Senior Vice President, General Counsel mnaughton@greatamerican.com Quote: "The way a team plays as a whole determines its success. You may have the greatest bunch of individual stars in the world, but if they don’t play together, the club won’t be worth a dime." - Babe Ruth Years of Experience: More than 20 years representing debtors, trustees, secured creditors, creditors’ committees, and unsecured creditors in bankruptcies, workouts, and related litigation. Responsibilities: Represents Great American Group in the liquidation and/or purchase of inventory and machinery & equipment and the disposition of leases in bankruptcy cases, assisting with the structuring and documenting of transactions. Accomplishments: Prior to joining Great American Group, Mark was a partner at Piper Rudnick, where he worked on all types of bankruptcies and restructuring, including retail bankruptcies, single-asset bankruptcies, adversary proceedings in bankruptcy court, out-of-court workouts, and sales of troubled companies. Education: Marquette University, Bachelor of Arts; Northwestern University, Juris Doctorate
	Sandy Feldman Senior Vice President sfeldman@greatamerican.com Quote: "You can't build a reputation on what you are going to do." - Henry Ford Years of Experience: With more than 8 years in the liquidation industry, Sandy has been instrumental in the liquidation of numerous retail, distribution, and manufacturing transactions. Responsibilities: With his extensive experience in business development, Sandy has negotiated and structured the liquidation of clients such as Whitehall Jewelers, Stardust Hotel & Casino,Wilson Products, Steelcase, and Wicklander Printing. Sandy is also responsible for the overall marketing strategies for the liquidation and appraisal groups. Accomplishments: Prior to joining Great American Group, he served as President of Logo Central, where he assisted many large clients in strategic marketing plans. Currently, Sandy is an active member of the American Bankruptcy Institute, Turnaround Management Association, and Association of Insolvency and Restructuring Advisors. Education: Georgia State University, cum laude

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