An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Heritage Global Valuations Appoints Rick Wiorek as Director
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Heritage Global Valuations, a division of Heritage Global Inc. (NASDAQ: HGBL), has appointed Rick Wiorek as a Director. With over 34 years of experience in industrial machinery appraisal, Wiorek will focus on asset-based lending appraisals and financial reporting. His addition is part of HGV's strategy to enhance its national valuation platform. Charles Seeley, Managing Director, highlighted Wiorek's expertise in the Midwest market as a key benefit to the firm. Michael Goldstein, Executive Managing Director, expressed confidence that Wiorek's knowledge will strengthen HGV's asset valuation and consulting services.
HGV specializes in the valuation of commercial and industrial assets, leveraging a proprietary database and market knowledge to provide accurate appraisals for clients.
Positive
Rick Wiorek's 34 years of appraisal experience enhances HGV's expertise.
Appointment aligns with HGV's strategy to expand its national valuation platform.
Wiorek's focus on asset-based lending supports financial reporting and sales transactions.
Negative
None.
SAN DIEGO--(BUSINESS WIRE)--
Heritage Global Valuations (“HGV”), a division of Heritage Global Inc. (Nasdaq: HGBL), specializing in the valuation of commercial & industrial assets including inventories and machinery & equipment (“M&E”), announced today that Rick Wiorek, ASA, CEA has joined HGV as a Director.
Mr. Wiorek has over 34 years of experience in the appraisal of industrial machinery and equipment. He is certified by the American Society of Appraisers as an Accredited Senior Appraiser (“ASA”) and Association of Machinery and Equipment Appraisers as a Certified Equipment Appraiser (“CEA”) and is an active member of both associations. Based in Chicago, Mr. Wiorek will focus on appraisals that support asset-based lending, financial reporting, tax reporting and sales/leaseback transactions.
“Rick is joining our team as we continue to execute our strategy to build out the national platform for valuations. He brings a wealth of experience in valuation and investment in the Midwest market, and we are excited to have him on board,” said Charles Seeley, ASA, Managing Director of HGV.
“We're pleased to have Rick join our team; he will help us expand our already robust suite of asset valuation services. He is a knowledgeable industry veteran and will enhance our capabilities and our commitment to offer our clients the best possible asset valuation, liquidation, and consulting services,” stated Michael Goldstein, Executive Managing Director of HGV.
About Heritage Global Valuations
Heritage Global Valuations (“HGV") is a division of Heritage Global Inc. (NASDAQ: HGBL). HGV operates under the Industrial Assets business unit and specializes in the valuation of commercial & industrial assets including inventories and machinery & equipment (“M&E”). Valuations are developed based on a number of factors, including an extensive proprietary database containing information about past transactions, firsthand knowledge of the market, and relationships with original equipment manufacturers (“OEMs”) and dealers of industrial assets. Taking into account the economic and competitive environment of the industry in which the business operates, assuring an accurate and reliable appraisal which enables clients to make timely strategic decisions.
About Heritage Global Inc. Heritage Global Inc. (“HG”) values and monetizes industrial & financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets. Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, and charged-off account receivable portfolios through its two business units: Industrial Assets and Financial Assets.
