RLA News and Announcements

Robert Levy Joins Maynards

Robert Levy Joins Maynards Group of Companies as Executive Vice President   

Detroit, MI – March 12, 2025 – Maynards Group of Companies is, a preeminent force in the global industrial and commercial auctions, liquidations, financing, mergers & acquisitions, real estate and the valuation sector, proudly announces the appointment of Robert Levy as Executive Vice President who will be responsible for leading Maynards Group of Companies Global Industrial and Commercial Asset Management. This pivotal addition to the team enhances Maynards strategic capabilities and highlights its commitment to innovation and leadership in asset management.

Robert Levy brings a remarkable 45-year track record in industrial asset management, characterized by his development of sophisticated and comprehensive asset monetization strategies for complex, high-value projects on an international scale. Prior to his new role at Maynards, Robert transformed Hilco Industrial into the then foremost international auction and liquidation service provider as its President and Partner during his tenure at the company. His leadership at Hilco was marked by significant achievements, managing multi-billion-dollar contracts as lead strategist with major entities such as the City of Detroit, all automotive OEM’s and Tier suppliers including General Motors, Chrysler and Ford. This strategic approach grew the business from $2 million per year to $1.5 billion per year in sales, propelling the company to its historic largest size ever.

Before joining Hilco, Robert was the CEO of Norman Levy Associates, where he spearheaded the firm to global recognition in the auction and valuation of industrial machinery and capital assets, integrating his sophisticated and strategic asset management technologies that significantly boosted efficiency and ROI for clients across various sectors.

As co-founder and CEO of Levy-Latham Global, Robert successfully restructured and managed the United States’ largest privatization contract to date, revolutionizing the sale of military surplus assets for the U.S. Department of Defense and achieving unprecedented revenue increases in record time at a much lower cost.

Robert was also President of International Operations and Board Member of the global DoveBid Enterprise.

In his role at Maynards, Robert will drive the strategic development and execution of asset management and monetization strategies that enhance service offerings and outcomes for Maynards global clientele. He will oversee the firm’s comprehensive service spectrum, including life cycle asset management, auctions (WebCast, Online, On-Site), negotiated sales, and turnkey solutions tailored for a diverse client base, from multinational corporations to government entities.

“Robert’s profound expertise and innovative approach in asset management are exactly what we need to propel Maynards into its next chapter of global and strategic expansion,” said Taso Sofikitis, CEO of Maynards. “His leadership will greatly enhance our strategic capabilities and ensure superior service and outcomes for our clients.”

Robert is enthusiastic about his new challenge, stating, “Joining Maynards presents an exciting opportunity to leverage my experience in asset management to further develop and execute cutting-edge, efficient monetization strategies on a global scale. I am committed to ensuring that Maynards continues to set industry standards and delivers maximum value to our clients.

About Maynards Maynards is a global leader in industrial and commercial auctions, liquidations, mergers & acquisitions, real estate, financing, and valuations. With a legacy spanning over a century, Maynards delivers comprehensive asset management solutions, from appraisal to strategic asset disposition. For more information, visit www.maynards.com.