NEW YORK–(Enterprise WIRE)–MidOcean Companions (“MidOcean”), a premier New York-centered alternate asset supervisor specializing in center-market private fairness and alternative credit score investments, announced now that Eric Gordon and Bob Myers have joined the company as Working Associates. Myers and Gordon, jointly with MidOcean’s existing network of seasoned Running Partners, bring substantial strategic and practical know-how to the organization and will be instrumental in assisting MidOcean execute on its value-extra, functioning talent strategy to middle industry investing.
Eric Gordon, a senior government with more than 30 several years of technological know-how leadership experience, has been both equally a CIO and a strategic advisor to international corporations in the retail, consumer merchandise, money services, health care and hospitality sectors. He will direct MidOcean’s technological know-how-associated attempts all over strategic growth highway mapping and value optimization across the firm’s portfolio corporations as perfectly as on new prospects the organization is assessing.
Gordon is presently the President of Versitae, an progressive technology outsourcing enterprise that delivers improved offshore IT products and services. He has served in a CIO potential at organizations like Michaels Retailers, Collective Brand names, Art Van Household furniture, and CEC Enjoyment. Gordon has designed a prosperous job driving business value by means of technology and by transforming IT businesses to adapt to a modifying digital planet whilst retaining a liable cost framework. He began his job at Andersen Consulting and has also held senior leadership roles at Relatives Dollar and Springs World-wide.
David Kieselstein, Chairman of MidOcean’s personal fairness business enterprise, commented, “We are thrilled to have Eric Gordon on board as he delivers a unusual mix of equally depth and breadth of technological innovation knowledge. He has excelled throughout an array of marketplace sectors and delivers special perspectives as equally an operator and an advisor with regard to driving transformation via technological innovation. He is flawlessly suited to perform across both equally our client and business enterprise companies portfolio providers to generate performance.”
Bob Myers is a highly achieved c-suite chief with intensive practical experience furnishing strategic, monetary and operational management and will operate directly with MidOcean’s investment decision groups and portfolio organization senior management with a target on boosting the digital capabilities of its existing portfolio companies and examining opportunity long run investments.
Myers most recently served as President and Chief Government Officer of the American Achievement Corporation (AAC), a leading producer and electronic retailer of custom-made graduation products and solutions and expert services. Prior to AAC, Myers was President and Main Government Officer of Sheplers Westernwear whilst in the course of his tenure grew to grow to be the world e-commerce vacation spot for western use, shipping to above 180 countries. Beforehand, he expended 10 a long time at QVC. While at QVC, Myers was responsible for all facets of QVC.com and grew the system from startup to around $2 billion in annual income on the platform. Earlier in his vocation, Myers held a range of roles at JCPenney in the course of his 15+ several years with the enterprise which include the startup of JCP.com and has served as a board director to several notable makes like the National Retail Federation, Shop.org, and K&N Engineering.
Eric Roth, Taking care of Director at MidOcean, commented, “Bob Myers is an terribly talented chief who is uniquely positioned to bolster MidOcean’s ability to drive electronic transformation throughout our portfolio.” Roth also mentioned, “I have regarded Bob for several decades and he is really revered as a thoughtful and innovative collaborator throughout the shopper market. His long-term successes converse for them selves and we are grateful to have him on the MidOcean group.”
About MidOcean Associates
MidOcean Companions is a leading New York-based mostly choice asset manager specializing in center-industry non-public equity and different credit rating investments. Given that its inception in 2003, MidOcean Private Equity has specific investments in higher-high-quality center-current market companies in the buyer and small business expert services sectors. MidOcean Credit rating Companions was launched in 2009 and at present manages a sequence of alternative credit history procedures, collateralized bank loan obligations (CLOs), and custom made separately managed accounts.