SOURCE: Great American Group

October 28, 2008 15:32 ET

Great American Group Hires Soncini for Midwest Region

LOS ANGELES, CA--(Marketwire - October 28, 2008) - Great American Group, one of the nation's leading appraisal, auction and liquidation firms, has hired Bill Soncini as Client Relationship Manager for its Midwest Region. In his new post, Soncini will be responsible for developing new client relationships and enhancing existing ones in Chicago and other Midwest markets, including Illinois, Minnesota, Wisconsin, Ohio, Missouri, Michigan, Indiana, Kentucky and Iowa.

"As our footprint in this market has consistently grown over the past several years, we are dedicated to providing on-site expertise," explained Lester Friedman, Chief Executive Officer of Great American Advisory & Valuation Services, L.L.C. "Bill brings with him both the professionalism and valuation experience to service all clients at a level consistent with Great American's standards."

The appointment marks Soncini's return to Great American Group, where he had served as Associate Project Manager (APM) for four years. In that position, he managed a team of associates and conducted hundreds of industrial appraisal transactions.

Prior to rejoining Great American, Soncini served as Director of Operations of the Peak Corporate Network, an association of real estate investment and service companies. While at Peak, he consolidated 13 separate entities by developing a unified strategic direction, managing the Marketing, HR, and IT departments, and implementing various reporting metrics to foster growth.

"Thanks to his earlier work at Great American as well as Peak, Bill has proven experience in the structuring of credit facilities and maintaining operational efficiencies," Friedman noted. "He also understands market trends, which will be invaluable in his new position," he added.

Soncini holds a Bachelor of Science degree in Finance from Indiana University's Kelley School of Business. He also is a member of the Turnaround Management Association (TMA).

Based in Los Angeles with offices nationwide, Great American Group provides a wide range of asset management, disposition and financial services. Asset-based lenders have relied on Great American Group for years to provide the industry's most accurate and reliable appraisals.

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