Heritage Global Valuations, Inc., a provider of asset valuation, appraisal and advisory services and subsidiary of Heritage Global Inc., announced the promotion of Michael Aho to the new position of National Sales Manager, responsible for overseeing all business development and sales initiatives across the United States for the division. HGV also announced that Scott Lazarus has been promoted to Director. Both appointments are effective immediately.
The promotions of Aho and Lazarus reflect Heritage’s expanding scale and strategy to appoint proven leaders in the asset liquidation, valuation and advisory services business to oversee the growth and development of its value-driven corporate and financial asset solutions platform, while enhancing its commitment to serve clients and customers.
In his new role as National Sales Manager, Aho will work across the Heritage organization and with other corporate personnel to advance the company’s national business development efforts and to identify asset valuation, advisory and auction opportunities for HGI’s various business divisions across the national footprint.
Aho brings to his new role at HGV nearly twenty years of experience providing asset valuation and advisory services to the commercial lending industry. Before joining HGV in 2014, he led the wholesale and industrial expansion of a nationally recognized asset appraisal and liquidation firm. Prior to that, he helped manage the development of a European asset valuation practice based in London, England and completed hundreds of asset valuations across a broad spectrum of industries. Aho began his career in the technology corporate finance group of Gerard Klauer Mattison & Co. and Adams Harkness and Hills, two leading boutique investment banks. Aho earned a B.B.A. in Finance with a minor in Resource Economics from the University of Massachusetts, Amherst. He is an active member of the Commercial Finance Association, Turnaround Management Association and Association for Corporate Growth, as well as other financial associations.
Commenting on the promotion of Aho, Mike Goldstein, Managing Director of HGV stated, “Michael is an outstanding leader who has built a consistent track record of generating strong sales performance on behalf of leading asset-based lenders and financial institutions in North America and Europe. Importantly, he has a deep understanding of the Heritage organization and the dynamics of the asset valuation, advisory and auction business as well as a proven ability to forge strong client relationships. His valuable management and industry expertise will be important attributes in advancing our business development efforts and elevating HGV’s position as a worldwide leader in asset valuation, appraisal and advisory services.”
Chuck Seeley, Managing Director of HGV added, “Michael is widely regarded as a trusted business partner who is committed to the growth and economic success of our clients. Throughout his career, he has demonstrated a results-oriented and entrepreneurial approach to the asset valuation and advisory services business – including selling, managing, reviewing and completing hundreds of asset appraisals across the globe. With his many years of success and notable achievements, we have the highest degree of confidence in Michael’s ability to effectively lead HGV’s business development initiatives across our national footprint.”
Aho stated, “Heritage Global has established a strong reputation of delivering innovative global asset solutions and exceptional client service to large corporations and small businesses worldwide. My role is to grow HGV’s North American client base and explore new ways to optimize our unique portfolio of value-driven corporate and financial asset solutions to bring our existing customers more opportunities to effectively appraise, market and monetize their assets. I look forward to working with Mike, Chuck and the exceptional teams at Heritage on these growth initiatives.”
In his new role as Director, Lazarus will focus on the new business development efforts in the Rocky Mountain States region while continuing his role as HGV’s inventory appraiser. Mr. Lazarus joined Heritage in 2013 and brings to his new role at HGV nearly twenty years of experience in the asset valuation and advisory services industry. He has worked for a number of nationally recognized appraisal and asset liquidation firms throughout his career.
Lazarus earned a B.S. in Economics with a minor in Mathematics from the State University of New York at Albany as well as an M.S. in Management and Policy from the State University of New York at Stony Brook. He is an active member of the Turnaround Management Association and Association for Corporate Growth.
Commenting on the promotion of Lazarus, Chuck Seeley stated, “Scott’s promotion reflects the natural progression of his professional career, while also recognizing the meaningful accomplishments he has achieved at Heritage Global. His impressive industry background and record of success in the asset valuation and liquidation business make him the ideal candidate to support our business development initiatives in western North America.”
Mike Goldstein added, “Throughout his career with Heritage Global and beyond, Scott has consistently delivered positive results on behalf of our clients, while improving customer retention and identifying new business opportunities. We look forward to his contributions as we continue to build upon the long-term success of HGV.”