Business
Heritage Global Announces Appointment of Bill Burnham to Board of Directors
SAN DIEGO--(BUSINESS WIRE)-- Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in
About this update from Heritage Global Inc.
[{"type":"text","content":" SAN DIEGO--(BUSINESS WIRE)--\nHeritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced the appointment of William (“Bill”) Burnham to its Board of Directors.\n\nMr. Burnham brings more than 20 years of extensive investment and capital markets experience as an institutional investor, venture capitalist and public equity analyst. As the Founder and Managing Partner of Inductive Capital, Mr. Burnham currently oversees a global portfolio of technology-related public equity investments. Prior to founding Inductive Capital in 2006, he was a venture capital investor at SOFTBANK Capital Partners, a $1.5BN late-stage investment fund, and Mobius Venture Capital, a $1.25BN early-stage fund. Earlier in his career, Mr. Burnham served as an equity research analyst at Credit Suisse First Boston, Deutsche Morgan Grenfell, and Piper Jaffray.\n\nMr. Burnham has served on numerous public and private company boards in the United States and Canada. He currently serves as a Director of TrustCloud Inc., a software platform that uses AI and API-based automation to unify both sales and security workflows, and as a Board Advisor to Abine Inc., a cloud-based identity security SaaS platform.\n\nHeritage Global’s Chief Executive Officer Ross Dove commented, “We warmly welcome Bill to our Board, and we expect that his extensive public company and capital markets experience as well as his proven success building businesses will add considerable value. Heritage has a tremendous opportunity to accelerate growth in both our Industrial Assets and Financial Assets businesses and I look forward to working with Bill as we execute our strategy to capture the full potential of the current economic climate, which is helping drive strong demand for our capabilities around industrial asset disposal and debt brokerage. This is an exciting time for our Company and we look forward to Bill’s contributions.”\n\nMr. Burnham commented, “I am thrilled to join the team at Heritage Global at this time of dynamic growth. I look forward to lending my experience and guidance to help further Heritage’s leadership position in the markets it serves.”\n\nAbout Heritage Global Inc\nHeritage Global Inc. (“HG”) values and monetizes industrial & financial assets by p...