The Gordon Brothers Group, a global advisory and investment firm specializing in retail, consumer products, industrial and real estate, has appointed Robert Grosskopf and Richard Edwards as co-presidents of its retail division.

The two presidents will jointly assume responsibility for the division’s growth strategy while overseeing all client engagements and daily operations.

Kevin J. Kulinowski, who served as president of the retail division for the past three-and-a-half years, will assume the position of senior advisor where he will continue to play a critical role in maximizing asset values, project strategy, due diligence, appraisal valuations and working with key clients.

“Given Bob and Rick's combined 40 years at Gordon Brothers and strong relationships in the industry, this transition will be seamless and position the retail division extremely well for the future,” says Ken Frieze, president, Gordon Brothers Group. “Rick, Bob and Kevin have spent many years working together to guide the retail division. While their roles are changing, their continued partnership promises to maintain the retail division as the market leader for event-driven inventory and fixture solutions for retailers, their lenders and advisors.”

Gordon Brothers Group also hired Andrew H. Stone as managing director of field operations in the retail division. Stone brings more than 25 years of retail experience to Gordon Brothers Group having held previous senior management positions at Office Depot.