Leonard R. Polivy Named Managing Director

Press Release

BOSTON, MA – Gordon Brothers Group announced today that Leonard R. Polivy has been named Managing Director in the Retail Division. Mr. Polivy began his jewelry career with Gordon Brothers Group in the mid-1980s and then went on to become President of a wholesale diamond company. He also held other management positions and worked on valuing and restructuring clients within the jewelry sector before returning to Gordon Brothers Group in 2009. Currently, Mr. Polivy works on a variety of retail disposition projects and appraisals while also acting as a consult for wholesalers and retail clients in the jewelry sector.

Kevin Kulinowski, President of the Retail Division at Gordon Brothers Group stated, "In his new role, Lenny's expertise reinforces the longstanding reputation that Gordon Brothers Group has in the jewelry industry. His commitment to assist jewelers across the country and improve the many aspects of their business has always been his passion."

Mr. Polivy is a member of the Jewelers Board of Trade, American Gemological Society and Jewelers Vigilance Committee. He is also an associate member of the American Society of Appraisers.

About Gordon Brothers Group
Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. Gordon Brothers Group conducts over $50 billion in transactions and appraisals annually.

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