Kenneth Frieze has been promoted to chief executive officer of Gordon Brothers Group, the restructuring, investment and consulting firm based in Boston.
As ceo, he succeeds Michael Frieze, who has been part of the firm’s leadership since 1966 and continues as chairman and chief investment officer. He was instrumental in expanding the company from a retail liquidator into a provider of services including restructuring, consulting, brand redevelopment, appraisal and asset disposition. Michael Frieze is the father of Kenneth Frieze.
Kenneth Frieze has been with the company since 2003, most recently as president. He relinquishes the presidency upon his promotion to ceo on Oct. 1.
Michael Frieze noted that his son marks the fourth generation within the family to lead the company during its 111-year history. “Ken has diligently grasped the dynamics of our business over the past 20 years and is the natural successor.”
Kenneth Frieze said, “Having spent the better part of my career at Gordon Brothers Group, I look forward to guiding the company’s ongoing expansion and working alongside some of the sharpest minds in the turnaround industry.”
Kenneth Frieze worked at Bain & Co. and Deloitte CRG prior to joining the family business.
Gary Talarico served as president and ceo of Gordon Brothers for about 18 months before leaving the firm last year.