NEW YORK — Continuing to ramp up in the down economy, Financo Inc. announced Monday a series of executive additions and promotions. At its Mercantile Capital affiliate, Edward Harrison was promoted to managing director and Roman Krislav was named senior associate.
This story first appeared in the April 22, 2003 issue of WWD. Subscribe Today.
Harrison has been instrumental in building Mercantile Capital, a private equity fund investing in the merchandising/consumer-oriented sector, since its inception in 1999. Harrison and Josh Goldberg, another managing director, report to Antoine Treuille, executive managing director of Mercantile Capital. Harrison is a director at two of Mercantile Capital Partners’ portfolio companies, Dry Ice and Partex, and is also the son of Financo chairman Gilbert Harrison.
Krislav was with Goldman Sachs, where he was involved in raising capital for retail and consumer goods firms.
At the Financo Restructuring Group, Mary Ann Domuracki was promoted to managing director, from director. Also, Stephen Palley, formerly chief operating officer of King World entertainment company, was named full-time special adviser to the restructuring group. “We are looking to expand our restructuring group,” said William M. Smith, president of Financo. “It’s complementary to our other services.”
The changes at Financo Restructuring follow the recent departure of Robert Miller, who served as president of that group. Among Financo’s recent restructuring and merger-and-acquisition clients were Tumi, Foster Grant, The Museum Co., Duty Free Holdings and Florsheim.