#USA #Northbrook, Illinois #Professional Services #Hilco Global #Andrew Hede

Hilco Global Welcomes Andrew Hede as New Vice Chairman

In a significant development, Hilco Global has announced the appointment of Andrew Hede as Vice Chairman of Hilco Global Professional Services. This strategic move is designed to bolster the company’s growth trajectory and enhance its professional service offerings. Hede will be directly reporting to David Kurtz, the CEO of Hilco Global Professional Services, who expressed excitement over Hede’s previous experience and leadership capabilities.

Hede's role will primarily focus on accelerating the growth of Hilco's professional services while also identifying and originating new revenue opportunities. His comprehensive experience in various leadership positions will provide invaluable insights and guidance in positioning Hilco Global favorably within the competitive market of professional services. Through collaboration with various divisions, Hede aims to strengthen connections between clients and strategic partners, enabling them to utilize the full range of Hilco's capabilities at their disposal.

David Kurtz commented on Hede's appointment, stating, "Andrew is a highly accomplished operator and advisor with a rare ability to bridge strategy and execution. His leadership, deep relationships, and unique ability to originate opportunities across different disciplines will be fundamental as we look to expand our Professional Services platform."

Before his tenure at Hilco Global, Hede amassed over 30 years of experience in restructuring, transformation, and operational leadership across the United States and Australia. He has a distinguished track record of advising companies, creditors, and investors in navigating complex situations effectively. Notably, Hede was previously the President of Business Transformation & Transactions at Accordion, where he led critical initiatives in turnaround management, performance improvement, and transaction services. His previous positions include being a partner and the U.S. Head of Restructuring at McKinsey & Company, as well as holding senior roles at prestigious firms like EY, Alvarez & Marsal, FTI Consulting, and Arthur Andersen.

Throughout his illustrious career, Hede has gained expertise in advising a diverse range of restructuring, performance improvement, and business transformation matters. Additionally, he has been appointed in interim executive roles, including Chief Executive Officer and Chief Transformation Officer, further underscoring his versatility in leadership.

Expressing his enthusiasm about joining Hilco Global, Hede stated, "Hilco Global has built a distinctive platform with profound expertise across professional services, capital solutions, and asset monetization. I look forward to working alongside this talented team to extend the reach of Hilco Global Professional Services by delivering integrated, practical, and results-oriented solutions to clients facing complex business challenges."

Hede earned a Bachelor of Commerce from the University of Melbourne. He is also a Member of Chartered Accountants Australia and New Zealand, reflecting his commitment to professional excellence.

Hilco Global, a subsidiary of ORIX Corporation USA, is recognized as a diversified financial services company. It is dedicated to delivering integrated professional services and capital solutions, guiding clients to maximize value across various sectors including retail, commercial, industrial, real estate, manufacturing, and intellectual property. Through customized solutions, Hilco Global effectively addresses issues faced by both healthy and distressed companies, enhancing long-term enterprise value. The company, headquartered in Northbrook, Illinois, boasts a team of over 810 professionals operating across four continents.

For more insights about Hilco Global and its professional services, visit www.hilcoglobal.com.