David Zwick Named Chief Financial Officer at Hilco Global

Hilco Global

NORTHBROOK, ILL., June 19, 2014 (GLOBE NEWSWIRE) -- Jeffrey Hecktman, Chairman and CEO of Hilco Global, announced today the appointment of David Zwick as Chief Financial Officer for the company. Zwick will be responsible for supervising the finance operations for the entire company and will be involved in all strategic and tactical matters as they relate to investments, capital structure and allocation, risk management, cash management and financial planning. Zwick will be taking over this role from John Chen, who was recently named to the new position of Chief Operating Officer and to whom Zwick will report.

"We're thrilled to have David join our management team at Hilco Global. His diverse background in corporate finance, accounting, investment banking and business operations and his collaborative personal style will help us continue to grow our organization", said Hecktman.

Zwick has over 20 years of experience, having worked most recently as an advisor to Chromatin, Inc. on financial and strategic matters. Prior to Chromatin, David served as Executive Vice President and Chief Financial Officer of Inteliquent, Inc., a Nasdaq-listed company.

Prior to Inteliquent, David was a Managing Director in the Investment Banking Division of Barclays Capital. He spent 13 years at Lehman Brothers and Barclays Capital, including a two year international assignment in Asia-Pacific. During his investment banking career, David advised clients on more than $85 billion of successful M &A transactions globally and over $75 billion of lead-managed capital markets transactions.

He began his career in the Chicago office of Arthur Andersen & Co., where he spent 5 years prior to attending graduate school.

A native of Chicago, David earned a Bachelor's degree (with honors) in Finance from the University of Illinois and an MBA from Northwestern University's J.L. Kellogg School of Management. Zwick is also a CPA.

About Hilco Global: Northbrook, IL - based Hilco Global (www.hilcoglobal.com) is an independent and diversified financial services company and the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies. Hilco Global operates as the holding company comprised of twenty specialized business unit's that work to help companies understand the value of their assets and then monetize that value. Often, Hilco Global acts as an advisor to provide consultative services in all aspects of the asset management process. For over 28 years acting as a principal or agent, Hilco Global has a successful track record of delivering the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=26046

CONTACT: Gary C. Epstein Hilco Global (847) 418-2712 gepstein@hilcoglobal.com

Source: Hilco Global