There’s been a change at the top for the group which owns Global Authentication.

Southern California-based Global Authentication, seeking to reorganize under Chapter 11 bankruptcy, is under new direction.

Bill Dully, who took over operation of the sports card and memorabilia grading and authenticating company last year, then was elevated to CEO and President of GAI’s parent firm, Ault Glazer & Company, has now resigned from that post.

Gary Gottlieb assumed leadership of Ault Glazer as of January 1. The company says Gottlieb’s appointment "reflects changes that have been taking place for the past month".

According to Ault Glazer, Gottlieb brings over 36 years of accounting experience to

the company, having served as Chief Accountant of C&R Clothiers, Bosley Medical Group, and as an internal accountant at Computer Science Corporation, the world’s third largest IT outsourcing vendor.

Dully is a former Donruss and Upper Deck executive.

‘Bill Dully left to pursue new ventures, and we all wish him very well. I’ve been brought in because I have the experience to restructure the company’s finances and move the company forward in profit generating ventures,’ said Gottlieb.

Ault Glazer purchased 100% interest in GAI last year after supplying working capital to the company for the previous two years.

Global filed Chapter 11 last month, but continues to operate as it apparently attempts to work its way into a stronger financial position. Bankruptcy Court paperwork listed between 50 and 99 creditors owed between $1 million and $10 million.

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