People: Great American Group Inc (GAMR.OB)
GAMR.OB on OTC BB
0.35USD
21 May 2013
0.35USD
21 May 2013
Price Change (% chg)
$0.01 (+2.94%)
$0.01 (+2.94%)
Prev Close
$0.34
$0.34
Open
$0.35
$0.35
Day's High
$0.35
$0.35
Day's Low
$0.35
$0.35
Volume
1,000
1,000
Avg. Vol
12,767
12,767
52-wk High
$0.55
$0.55
52-wk Low
$0.19
$0.19
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Andrew Gumaer |
51 | 2012 | Chairman of the Board, Chief Executive Officer |
Harvey Yellen |
65 | 2013 | Vice Chairman of the Board, President |
Phillip Ahn |
2013 | Chief Financial Officer, Chief Operating Officer | |
Mark Weitz |
52 | 2009 | President - Wholesale and Industrial Services |
Scott Carpenter |
56 | 2009 | Executive Vice President - Retail Services |
Howard Weitzman |
50 | 2009 | Senior Vice President, Chief Accounting Officer |
Mark Naughton |
49 | 2009 | Senior Vice President, General Counsel, Secretary |
Lester Friedman |
52 | 2009 | Managing Director of Great American Group Advisory and Valuation Services, LLC |
Matthew Hart |
60 | 2009 | Independent Director |
Hugh Hilton |
61 | 2009 | Independent Director |
Mark Klein |
50 | 2009 | Independent Director |
Bryant Riley |
45 | 2009 | Independent Director |
Biographies
| Name | Description |
|---|---|
Andrew Gumaer |
Mr. Andrew Gumaer is Chairman of the Board, Chief Executive Officer of Great American Group, Inc. He has served as the company Chief Executive Officer since July 2009 and the company Chairman since March 2012. Prior to July 2009, Mr. Gumaer was a co-founder of GAG, LLC, had served as GAG, LLC’s Chief Executive Officer since May 2007 and previously served as GAG, LLC’s President from June 2006 to May 2007. Mr. Gumaer also currently serves as the Co-Chief Executive Officer of Great American Home Auctions, LLC. Prior to assuming his current responsibilities, Mr. Gumaer was the President of The Pride Capital Group, LLC, predecessor in interest to GAG, LLC, from 2002 to May 2006. Mr. Gumaer also served as the Senior Vice President of Garcel, Inc. from 1997 to 2002 and as a Senior Vice President with the investment banking firm Drexel Burnham Lambert prior to his service with Garcel, Inc. Mr. Gumaer is the brother-in-law of Mark Weitz the company President, Wholesale and Industrial Services. |
Harvey Yellen |
Mr. Harvey Yellen has been Vice Chairman of the Board, President of Great American Group Inc since April 15, 2013. He has served as the company Vice Chairman and President since July 2009 and as the company Chief Operating Officer since September 2010. Prior to July 2009, Mr. Yellen was a co-founder of GAG, LLC, had served as GAG, LLC’s Chairman since June 2007 and previously served as GAG, LLC’s President from June 2006 to June 2007 and the President of The Pride Capital Group, LLC, predecessor in interest to GAG, LLC, from 2002 to May 2006. Mr. Yellen was also the Executive Vice President of Garcel, Inc. from 1994 to 2002. Prior to beginning his services at Garcel, Inc., Mr. Yellen held senior management positions at various retail companies, including: Allied Department Stores, Sieferts/Spurgeons and Fashion Crossroads. Mr. Yellen received his Bachelor of Science in Business from Louisiana State University in 1968. |
Phillip Ahn |
Mr. Phillip Ahn has been appointed as Chief Financial Officer, Chief Operating Officer of Great American Group, Inc., effective April 15, 2013. Mr. Ahn has nearly 20 years of experience in the financial services industry, in particular the private equity, investment banking and capital markets sectors. Mr. Ahn previously served as Great American Group's Senior Vice President, Strategy & Corporate Development from February 2010 to April 2013, where he has overseen corporate development and merger and acquisition activities. He has also been responsible for managing the company's capital investments and strategic initiatives involving private equity funds and hedge funds. Prior to joining Great American Group, Mr. Ahn held private equity investment positions at middle market private equity firms Altpoint Capital Partners and Stone Tower Equity Partners. Mr. Ahn is a Chartered Financial Analyst (CFA). He received his Bachelor's degree in economics from the University of Michigan and a Master of Business Administration in Finance from Columbia University. |
Mark Weitz |
Mr. Mark Weitz is President - Wholesale and Industrial Services of Great American Group, Inc., since July 2009. He serves as GAG, LLC’s President, Wholesale and Industrial Services division since June 2006. Prior to assuming his current responsibilities, Mr. Weitz was the President, Wholesale and Industrial Services division of The Pride Capital Group, LLC, predecessor in interest to Great American, from 2001 to May 2006. Mr. Weitz also served as the President of the Wholesale and Industrial Services division of Garcel, Inc. from 1998 to 2000. Mr. Weitz attended the University of Washington and the University of California Los Angeles. Mr. Weitz also attended the Missouri Auction School in 1982 and has been a licensed auctioneer since such time. |
Scott Carpenter |
Mr. Scott K. Carpenter is Executive Vice President - Retail Services of Great American Group, Inc., since July 2009. He serves as GAG, LLC’s Executive Vice President and Director of Operations, Retail Services since June 2006. Prior to assuming his current responsibilities, Mr. Carpenter was the Senior Vice President of Operations of The Pride Capital Group, LLC, predecessor in interest to Great American, from 2001 to May 2006 and the Vice President of Operations of Garcel, Inc. from 1997 to 2000. From 1995 to 1997, Mr. Carpenter was responsible for operations in 155 Office Depot stores in 17 states as Regional Operations Manager. Prior to his service with Office Depot, Mr. Carpenter served as a Buyer and as Director of Store Operations of Hechinger stores in both domestic and international operations from 1987 to 1995. Mr. Carpenter also previously worked for Booz, Allen and Hamilton and McDonnell Aircraft Company. Mr. Carpenter received his Bachelor of Science in Economics from George Mason University in 1978 and earned a Master of Arts from George Mason University in 1982. |
Howard Weitzman |
Mr. Howard E. Weitzman is Senior Vice President, Chief Accounting Officer of Great American Group, Inc., since December 7, 2009. Prior to December 2009, Mr. Weitzman worked as a consultant from November 2008 assisting clients with financial reporting, internal controls, and compliance with Section 404 of the Sarbanes Oxley Act of 2002, including consulting for the Company from April 2009 on various accounting and financial reporting matters in connection with the Company’s transaction with AAMAC. From December 2006 to October 2008, Mr. Weitzman served as a Senior Manager in the SEC Services Group in the audit practice at Moss Adams, LLP. Mr. Weitzman also spent 12 years in public accounting at two “Big 4” accounting firms, most recently from 2003 to October 2005 as a Senior Manager in the financial services audit practice of Deloitte & Touche, LLP. Mr. Weitzman also held various senior financial management positions, including from 1994 to 2003, with Banner Holdings, Inc. as the Chief Financial Officer of Central Financial Acceptance Corporation and Controller and Principal Accounting Officer of Central Rents, Inc. Mr. Weitzman also served as a Senior Vice President and Chief Financial Officer of Peoples Choice Financial Corporation from October 2005 to October 2006. Mr. Weitzman received a B.S. in Accounting from California State University, Northridge and is a California licensed Certified Public Accountant. |
Mark Naughton |
Mr. Mark Naughton is Senior Vice President, General Counsel, Secretary of Great American Group Inc. He serves as GAG, LLC’s Senior Vice President and General Counsel since June 2006. Prior to assuming his current responsibilities, Mr. Naughton was the Vice President and General Counsel of The Pride Capital Group, LLC from May 2003 to May 2006 when The Pride Capital Group, LLC merged into Great American. Prior to joining Great American, Mr. Naughton was a partner in the Chicago office of Piper Rudnick (n/k/a DLA Piper Rudnick Gray Cary) from 1993 to May 2003 and was an associate from 1987 to 1993. Mr. Naughton received his Bachelor of Arts in History and Political Science from Marquette University in 1984 and earned a J.D. from Northwestern University in 1987. |
Lester Friedman |
Mr. Lester M. Friedman is Managing Director of Great American Group Advisory and Valuation Services, LLC, a subsidiary of Great American Group, Inc., since April 2009. He previously served as the Chief Executive Officer of Great American Advisory and Valuation Services, LLC from 2002 to April 2009 and as the Chief Operating Officer from 2000 to 2002. Prior to assuming his current responsibilities, Mr. Friedman was the Chief Operating Officer of the Garcel, Inc. Appraisal Division from 1996 to 2000 and the Chief Financial Officer of Garcel, Inc. from 1994 to 1996. Mr. Friedman was also the Controller and Director of Inventory Appraisal and Valuations for Gordon Brothers Partners. Mr. Friedman received his Bachelor of Business Studies in Accounting from the University of Massachusetts – Amherst in 1982 and was a Certified Public Accountant licensed in Massachusetts from 1982 to 1990 while he worked for Laventhol Horwath. |
Matthew Hart |
Mr. Matthew J. Hart is an Independent Director of Great American Group, Inc., since July 2009. Mr. Hart was President and Chief Operating Officer of Hilton Hotels Corporation, referred to herein as Hilton, from May 2004 until the buyout of Hilton by the Blackstone Group in October 2007. Mr. Hart also served as Executive Vice President and Chief Financial Officer of Hilton from 1996 to 2004. Prior to joining Hilton in 1996, Mr. Hart was Senior Vice President and Treasurer of The Walt Disney Company and was Executive Vice President and Chief Financial Officer for Host Marriot Corp. Mr. Hart received his Bachelor of Arts in Economics and Sociology from Vanderbilt University in 1974 and earned a Master of Business Administration in Finance and Marketing from Columbia University in 1976. Mr. Hart currently serves on the board of directors of US Airways Group, Air Lease Corporation. Mr. Hart formerly served on the board of directors of Kilroy Realty Corp. from 1997 to 2007 and American West Holdings Corp. from 2005 to 2006. |
Hugh Hilton |
Mr. Hugh G. Hilton is Independent Director of Great American Group, Inc., since July 2009. Mr. Hilton has served as the Chief Executive Officer of Alvarez & Marsal Capital Real Estate, LLC, which co-founded in December 2008, the real estate and investment management arm of Alvarez & Marsal. From 2003 to December 2008, Mr. Hilton served as the founding Managing Director of Catalyst, LLC, a restructuring and turnaround firm. Mr. Hilton has been involved in over 25 corporate restructuring and turnaround engagements, during which he provided financial advisory services and/or filled interim senior management roles, such as Chairman, Chief Executive Officer, President, and/or Chief Restructuring Officer at both public and private middle market companies. Prior to 2003, Mr. Hilton served as a Managing Director of Alvarez & Marsal, President of HVK, Inc., President First Interstate Bancorp’s real estate fund advisory arm, and Vice President of BankAmerica Investment Real Estate. Mr. Hilton holds a Bachelor of Science in business administration and a Master of Business Administration from the University of Michigan as well as a Juris Doctor from the University of Colorado. Mr. Hilton is a member of the American Bankruptcy Institute and the Colorado Bar Association. |
Mark Klein |
Mr. Mark D. Klein is an Independent Director of Great American Group, Inc., since July 2009. Since January of 2011, Mr. Klein has been a director of NeXt BDC Capital Corp. From April 2010 to May 2011, Mr. Klein was the Chairman of the Board, Chief Executive Officer and President of Crumbs Bake Shop, Inc., formerly 57th Street General Acquisition Corp., a special purpose acquisition company he helped form, and a director since its inception. Also in April 2010, Mr. Klein became a managing member and majority partner of M. Klein & Company, LLC, which owns the Klein Group, LLC, a registered broker dealer. Prior to joining Hanover in 2007, Mr. Klein was Chairman of Ladenburg Thalmann & Co. Inc., a underwriter of blank check companies, which is engaged in retail and institutional securities brokerage, investment banking and asset management services. Prior to joining Ladenburg Thalmann, from June 2000 to March 2005, Mr. Klein served as the Chief Executive Officer and President of NBGI Asset Management, Inc. and NBGI Securities, which were the US subsidiaries of the National Bank of Greece, the financial institution in Greece. Prior to joining NBGI, Mr. Klein was President and founder of Newbrook Capital Management, founder and managing member of Independence Holdings Partners, LLC, a private equity fund-of-funds company, and founder and general partner of Intrinsic Edge Partners, a long/short equity hedge fund. Prior to the formation of Newbrook Capital Management and Independence Holdings Partners, LLC, Mr. Klein was a Senior Portfolio Manager for PaineWebber and Smith Barney Shearson, both investment banking firms. Mr. Klein is a graduate of J.L. Kellogg Graduate School of Management at Northwestern University, with a Masters of Management Degree and also received a Bachelors of Business Administration Degree with high distinction from Emory University. |
Bryant Riley |
Mr. Bryant R. Riley is Independent Director of Great American Group, Inc., since August 2009. Mr. Riley has served as the Chairman and Chief Executive Officer of B. Riley & Co., LLC, a stock brokerage firm, since founding the firm in 1997. Mr. Riley also has served as the Chairman and Chief Executive Officer of Riley Investment Management, LLC, an investment management company, since founding the company in 2000. Mr. Riley serves on the boards of directors of Alliance Semiconductor Corp., DDI Corp., Strasbaugh and Trans World Entertainment Corp. He also serves on the board of directors for several private companies. Mr. Riley also previously served on the board of directors of Aldila, Inc. from 2003 to February 2010, Celeritek, Inc. from 2003 to 2007, Integrated Silicon Solutions, Inc. from 2006 to 2008, Mossimo, Inc. from 2005 to 2006, Silicon Storage Technology, Inc. from 2008 to 2009 and Transmeta Corporation from 2008 to 2009. From 1996 to 1997, Mr. Riley was an equity salesman with Dabney/Resnick Inc., a stock brokerage firm. From 1995 to 1996, Mr. Riley managed the institutional equity department of Gaines, Berland Inc., a stock brokerage firm. From 1993 to 1995, Mr. Riley co-managed the equity department of Dabney/Resnick Inc. In 1991, Mr. Riley co-founded Huberman Riley, a brokerage firm based in Dallas, Texas, and served as its President until 1993. From 1989 to 1991, Mr. Riley served in various positions with LH Friend, Weinress & Frankson, an Irvine, California based stock brokerage firm. Mr. Riley received his B.S. in Finance from Lehigh University. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Andrew Gumaer |
431,901 |
Harvey Yellen |
426,895 |
Phillip Ahn |
-- |
Mark Weitz |
-- |
Scott Carpenter |
2,010,180 |
Howard Weitzman |
-- |
Mark Naughton |
-- |
Lester Friedman |
-- |
Matthew Hart |
-- |
Hugh Hilton |
-- |
Mark Klein |
-- |
Bryant Riley |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Andrew Gumaer |
0 | 0 |
Harvey Yellen |
0 | 0 |
Phillip Ahn |
0 | 0 |
Mark Weitz |
0 | 0 |
Scott Carpenter |
0 | 0 |
Howard Weitzman |
0 | 0 |
Mark Naughton |
0 | 0 |
Lester Friedman |
0 | 0 |
Matthew Hart |
0 | 0 |
Hugh Hilton |
0 | 0 |
Mark Klein |
0 | 0 |
Bryant Riley |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MILLER LLOYD IVAN III |
546,000 | $0.00 |
MILLER LLOYD IVAN III |
250,000 | $0.26 |
MILLER LLOYD IVAN III |
8,156 | $0.30 |
KLEIN MARK D |
93,750 | $0.00 |
LEVITT MICHAEL J |
590,981 | $0.00 |
ERICKSON PAUL S |
50,000 | $0.12 |
ELLIOTT ASSOCIATES L P |
338,080 | $0.08 |
ELLIOTT INTERNATIONAL L P |
507,120 | $0.08 |
ELLIOTT ASSOCIATES L P |
300,000 | $0.07 |
ELLIOTT ASSOCIATES L P |
400,000 | $0.06 |
KLEIN MARK D |
14,000 | $0.30 |
HART MATTHEW J |
17,820 | $0.30 |
HILTON HUGH |
17,820 | $0.30 |
LEVITT MICHAEL J |
14,000 | $0.30 |
RILEY BRYANT R |
17,820 | $0.30 |

