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Perry Wolfman has been appointed to president and chief operating officer of Authentic Brands Group, where he will develop strategic plans and operations for associated brands. Earlier this month, the company raised $250 million in equity capital to focus

April 6, 2018

1 Min Read

Perry Wolfman has been appointed to president and chief operating officer of Authentic Brands Group, where he will develop strategic plans and operations for associated brands. Earlier this month, the company raised $250 million in equity capital to focus on consumer brands acquisitions.

Wolfman comes from Consolidated Apparel Group, where he served as founder, chief executive officer and president. He has more then 25 years of experience in product development, merchandising, global sourcing, marketing, licensing and business operations.

ABG is headed by Jamie Salter, former Hilco Consumer Capital chief executive officer. The company recently secured $250 million in equity capital with Green Equity Investors, an affiliate of Leonard Green & Partners, and Knight's Bridge Capital Partners, a wholly owned subsidiary of Counsel Corporation. Currently, Salter's ABG, where he serves as president and chief executive officer, provides management services for the Bob Marley estate.

Salter left Hilco in January. There, he led acquisitions of Linens 'n Things, Polaroid (in partnership with Gordon Brothers Group), The Sharper Image, Halston and others.

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