Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced Michael D. Sullivan has been promoted to Managing Director, Business Development in the Northeast Region for the firm’s Valuation & Advisory Services Division.

Sullivan joined the Valuation & Advisory Services Division in May of 2011. Most recently, as Managing Director, Senior Appraiser, he was responsible for managing and conducting industrial and consumer product inventory appraisals and overseeing both the energy and the brand, intellectual property, and business valuation practices. While Sullivan’s responsibilities are shifting in this new role, he will continue to lead GB Energy Partners, building on the firm’s comprehensive energy expertise. Sullivan will continue to work out of Gordon Brothers Group’s headquarters in Boston as well as the firm’s New York offices to support the business development efforts for the Valuation & Advisory Services Division.

“Mike has played a major role in our division’s success since he joined the firm in 2011,” said Frank Grimaldi, Senior Managing Director, National Sales Manager of Gordon Brothers Group’s Valuation & Advisory Services Division. “His extensive background as an appraiser in the consumer, industrial, energy and intellectual property sectors will be extremely valuable in serving our clients in this new capacity.”

With over 14 years of experience, Sullivan has worked in both Boston and New York supporting business development as well as conducting asset appraisals in nearly every major industry sector in the United States and around the globe. Prior to joining Gordon Brothers Group, Sullivan held leadership roles, performing tangible and intangible asset appraisals for two other major valuation firms in the United States.

An active member of the asset-based lending community, Sullivan is a member of the Turnaround Management Association, Commercial Finance Association, Association for Corporate Growth and a candidate member of the American Society of Appraisers with a concentration in Business Valuation.