Jeffrey Lerner Joins Hudson Capital

Jeffrey Lerner has joined Hudson Capital Partners as an executive vice president, with responsibility for business development and client services. He has spent the past nine years with Great American Group, where he was president and founding partner of its Advisory and Valuation Services division. 

 

PRESS RELEASE

 

Hudson Capital Partners, LLC, a national firm specializing in retail and fixed asset dispositions, today announced that it has appointed Jeffrey Lerner as Executive Vice President. In this role, Mr. Lerner will be responsible for business development and other client services. 

 

“We are thrilled to welcome such a prominent industry leader to the team,” said Jim Schaye, President and Chief Executive Officer of Hudson Capital Partners. “Jeff brings extensive experience in retail liquidation and asset recovery, which will be an invaluable benefit to our firm and in our ability to provide solutions to the challenges retailers face with unprofitable store locations, excess merchandise and obsolete inventory.”

 

Mr. Lerner, 45, joins Hudson Capital Partners after nine years with Great American Group, where he was President and founding partner of their Advisory & Valuation Services division.  There he assisted bankers, equity sponsors and other interested parties in understanding the underlying value of collateralized assets including inventory for retailers, wholesalers and manufacturers as well as machinery and equipment. Additionally, Mr. Lerner oversaw thousands of transactions and valued billions of dollars of assets. Previously, Mr. Lerner served as Chief Financial Officer of Boston-based restaurant chain Fresh City, where he was instrumental in establishing the Company's organizational infrastructure, enabling an aggressive growth strategy. Mr. Lerner is a graduate of the Wharton School at University of Pennsylvania and serves on the Board of Directors for Jewish Big Brothers and Big Sisters.

 

Mr. Lerner added, “I am excited to join the Hudson team and look forward to leveraging my retail operational experience and expertise in retail liquidations to serve the ever-changing dynamics of the retail industry.”

 

Additionally, Hudson Capital announced today the promotions of Ben Etri to Senior Vice President of Finance & Planning, and Ken Richardson to Senior Vice President of Operations. They both previously served as Vice Presidents.

 

About Hudson Capital Partners, LLC

Hudson Capital Partners, LLC offers an extensive array of professional solutions to the challenges retailers face today, including management of excess, obsolete and discontinued inventory, changing geographic and demographic circumstances, unproductive store sites, and real estate and liquidity issues. Leveraging the firm's strong retail expertise, Hudson Capital also takes active positions in various retailers through acquisitions and financial partnerships in an effort to help maximize brand value. The firm's diversified staff is experienced at performing strategic store closings and relocations, fixed asset dispositions, wholesale inventory buyouts and lease mitigations.  To learn more about Hudson Capital Partners, LLC, please visit our website at www.hudsoncpl.com.