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MidOcean Brings On Digital Transformation Govt Bob Myers and IT Government Eric Gordon, Introducing Significant Depth to their Strong Working Crew

NEW YORK–(Business enterprise WIRE)–
MidOcean Associates (“MidOcean”), a leading New York-centered alternate asset manager specializing in center-sector private fairness and choice credit score investments, declared these days that Eric Gordon and Bob Myers have joined the organization as Functioning Partners. Myers and Gordon, collectively with MidOcean’s present network of seasoned Functioning Associates, convey major strategic and practical knowledge to the business and will be instrumental in encouraging MidOcean execute on its price-additional, functioning talent solution to center current market investing.

Eric Gordon, a senior govt with above 30 a long time of technological innovation leadership experience, has been both of those a CIO and a strategic advisor to world wide firms in the retail, consumer merchandise, money products and services, healthcare and hospitality sectors. He will lead MidOcean’s technological know-how-connected attempts around strategic advancement street mapping and value optimization throughout the firm’s portfolio providers as very well as on new opportunities the organization is evaluating.

Gordon is at present the President of Versitae, an innovative technology outsourcing organization that gives improved offshore IT providers. He has served in a CIO potential at corporations such as Michaels Retailers, Collective Makes, Artwork Van Home furniture, and CEC Leisure. Gordon has created a prosperous job driving business benefit via technology and by reworking IT businesses to adapt to a altering digital planet even though retaining a liable price framework. He commenced his job at Andersen Consulting and has also held senior management roles at Household Dollar and Springs World.

David Kieselstein, Chairman of MidOcean’s non-public equity organization, commented, “We are thrilled to have Eric Gordon on board as he provides a uncommon mixture of both of those depth and breadth of technological innovation knowledge. He has excelled throughout an array of field sectors and delivers unique perspectives as both equally an operator and an advisor with respect to driving transformation by way of technological innovation. He is flawlessly suited to do the job throughout equally our buyer and business enterprise expert services portfolio businesses to push general performance.”

Bob Myers is a really attained c-suite leader with substantial experience delivering strategic, financial and operational leadership and will work directly with MidOcean’s financial commitment groups and portfolio firm senior management with a target on improving the digital capabilities of its present portfolio firms and examining probable potential investments.

Myers most not long ago served as President and Chief Executive Officer of the American Accomplishment Company (AAC), a main maker and electronic retailer of custom made graduation goods and providers. Prior to AAC, Myers was President and Chief Government Officer of Sheplers Westernwear whilst in the course of his tenure grew to come to be the world wide e-commerce place for western put on, transport to more than 180 international locations. Formerly, he expended 10 several years at QVC. Although at QVC, Myers was responsible for all facets of QVC.com and grew the platform from startup to above $2 billion in once-a-year profits on the platform. Before in his career, Myers held a selection of roles at JCPenney during his 15+ yrs with the organization like the startup of JCP.com and has served as a board director to quite a few noteworthy manufacturers like the Nationwide Retail Federation, Store.org, and K&N Engineering.

Eric Roth, Taking care of Director at MidOcean, commented, “Bob Myers is an terribly gifted leader who is uniquely positioned to bolster MidOcean’s skill to drive digital transformation across our portfolio.” Roth also mentioned, “I have acknowledged Bob for many decades and he is hugely highly regarded as a thoughtful and innovative collaborator across the purchaser field. His long-time period successes speak for themselves and we are grateful to have him on the MidOcean team.”

About MidOcean Partners

MidOcean Partners is a leading New York-dependent substitute asset supervisor specializing in center-marketplace private equity and option credit score investments. Considering the fact that its inception in 2003, MidOcean Private Equity has specific investments in large-quality middle-sector firms in the purchaser and business solutions sectors. MidOcean Credit rating Associates was introduced in 2009 and at the moment manages a collection of substitute credit techniques, collateralized financial loan obligations (CLOs), and customized independently managed accounts.

MidOcean Investor Relations Contacts:

Allison Donohue/Leslie Tanca

[email protected]

Media Contacts:

Nathaniel Garnick/Grace Cartwright

Gasthalter & Co.

(212) 257-4170

Supply: MidOcean Companions