Business
B. Riley Names Kevin Olson SVP, Business Development of Retail Solutions
Veteran asset disposition professional to expand business development efforts in North America LOS ANGELES, Aug. 25, 2021 /PRNewswire/ -- B. Riley Financial,
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[{"type":"text","content":"Veteran asset disposition professional to expand business development efforts in North America\n\n\nLOS ANGELES, Aug. 25, 2021 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ:RILY) (\"B. Riley\"), a diversified provider of business advisory and financial services, today announced it has named Kevin Olson as Senior Vice President of Business Development for B. Riley Retail Solutions.\n\n \n \n \n \n \n \n\n \nOlson currently oversees operations for the firm's retail liquidation division in Australia, New Zealand, and the Oceania market. In this expanded role, he will also be responsible for building, maintaining, and expanding the firm's business relationships with retailers across North America.\nScott Carpenter, CEO of B. Riley Retail Solutions, commented: \"Kevin is a seasoned professional who brings deep retail operational expertise and relationships to our North American division. We are pleased to announce his expanded role and look forward to his continued contributions supporting our business in Australia.\"\nOlson joined the firm in 2016 and has been pivotal in helping to establish and build the firm's presence across the Australasia region. He has over 25 years of experience working with retailers in providing differentiated financial solutions to generate value. While Olson will be primarily based in Irvine, California, he will continue to maintain a regular presence in Australia while overseeing the firm's overseas operations.\nIn North America during 2020, B. Riley Retail Solutions participated in over 2,000 store closures with associated retail inventory value of approximately $2.8 billion.\nFor more information about B. Riley Retail Solutions, visit: www.brileyretailsolutions.com.\nAbout B. Riley Retail SolutionsB. Riley Retail Solutions (formerly Great American Group) is a leading provider of asset disposition services specializing in large-scale retail liquidations in the U.S., Australia, and Europe. The firm efficiently leverages its sector expertise and deploys resources to assist companies, lenders, capital providers, private equity investors and professional services firms in maximizing the value of their assets. The firm is a subsidiary of B. Riley Financial.\nB. Riley Financial provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners. B. R...