Platinum Equity, a global investment firm with approximately $36 billion of assets under management, has appointed Jacob Kotzubei and Louis Samson to co-presidents of the firm.

The two will continue to report to Platinum’s founder and CEO Tom Gores. Kotzubei and Samson, each with over 25 years of mergers and acquisitions experience, are currently partners and members of the firm’s investment committee. According to Gores, their promotion will help drive the growth of the firm and the expansion of its investment capabilities.

“We are in a uniquely strong position to continue expanding, and I am confident that Jacob and Louis will help take the firm to new heights,” states Gores.