Board of Directors
Mal Appelbaum is a Managing Director at Macquarie Capital’s Principal Transactions Group and has more than 25 years of experience in private equity, finance and accounting as a principal investor, chief financial officer, and portfolio company consultant. During his career Mal has been involved as a principal investor or operational consultant in more than 30 private equity portfolio companies. His consulting assignments focused on companies undergoing stress from rapid growth or under performance. He has broad industry experience roles in M&A and equity financing transactions and served on the Board of Directors of 5 companies throughout the Americas, Eastern & Western Europe, and Australia. Additionally, he has advised over 100 other companies in various capacities.
He joins Macquarie Capital after serving as President of AppleTree Advisors, his consulting firm where his most recent assignment was interim CFO of a market-leading private equity owned manufacturing and distribution business. Prior to this, Mr. Appelbaum served as CFO of Globe Specialty Metals (NASDAQ: GSM), taking that company public and rolling up its industry in North America. Previously, he was with AppleTree serving a broad range of private equity portfolio companies. Prior to that he was a partner at Wand Partners, a middle market private equity firm where he led the fund’s investments in B2B and B2C direct marketing and was a financial analyst at Goldman Sachs and a senior consultant at Deloitte.
Mal received an MBA in finance from the Columbia University School of Business and a BA in accounting from Brooklyn College. He is a licensed CPA
Jared is a Vice President in the US Principal Transactions Group for Macquarie Capital. Jared is responsible for origination, execution and management activities of investments in the US involving Macquarie Capital's own balance sheet, within a team of 21 people and a portfolio of about $1 billion. Jared joined Macquarie in Chicago in 2008 as part of the Restructuring & Special Situations Group and transferred to the Principal Transactions Group in New York in 2014. Prior to joining Macquarie, Jared worked for Houlihan Lokey as a Financial Restructuring Analyst, an Associate at AlixPartners, and a Risk Specialist for HFR Asset Management.
Jared holds a Bachelors of Finance from Florida State University.
Duncan is a Senior Managing Director and Co-Head of the US Principal Transactions Group for Macquarie Capital. Duncan is responsible for US origination, execution and oversight of all investment activities involving Macquarie Capital's own balance sheet, with a team of 21 people and a portfolio of about $1 billion. Duncan joined Macquarie in New York in 2001. Prior to joining Macquarie in New York, Duncan worked for BMO Nesbitt Burns Inc. in Toronto and Macquarie in Sydney in their Corporate Advisory Group, focused primarily on mergers and acquisitions. Prior to commencing a career in investment banking, Duncan worked for the Justices in the Commercial Division of the Supreme Court of New South Wales.
Duncan currently sits on the boards of Brek Aerospace and Utility Service Partners and on Macquarie Capital’s US Capital Commitment Committee. Prior board seats include Anaergia Inc., Mine Site Technologies, Rossignol and Icon Parking.
Duncan holds a Masters of Business Administration from Stanford University, Bachelor of Laws (Honors) from University of Sydney, and Bachelor of Economics from University of Sydney.
CEO Matt Glerum has more than 25 years of experience in the consumer-direct and multi-channel retail sectors. His broad experience includes strategic planning and partnership development, integrated digital and print media marketing, apparel design and sourcing, as well as wholesale program development. His extensive leadership experience has been focused on accelerations, turnarounds and cultural transformation.
He joins Zoom Systems after leading the successful turnaround of TravelSmith Outfitters as its President. Prior to that, he served as Senior Vice President of Garnet Hill, where he led Marketing, Business Development and Ecommerce, and as Vice President of Sportif USA, where he was in charge of Marketing and the Consumer Division. During the first decade of his career, Matt gained unique business exposure and experience by working his way through a variety of roles at The Orvis Company, from fly fishing instructor and technical advisor to managing the flagship store, from product development and catalog management to ecommerce programming.
Matt has worked for family-owned, private equity-owned, and publicly traded businesses, all of which helped acquaint him with a wide spectrum of business models and strategies. He played a key role in the final growth-push that positioned a multi-brand portfolio for sale, ultimately marking one of the highest multiple sales ever attained within the sector.
Matt received a BA in Mathematics from the University of Minnesota, is an active member of YPO, and holds a variety of advisory board seats.