Glenn Winternitz


With over 35 years in the auction and appraisal industry, Glenn is a highly respected entrepreneur with proven leadership, sales and operational skills who successfully ran one of Chicago’s oldest and most trusted auctioneer and asset appraisal businesses. With its history dating back four generations to 1894, Winternitz, Inc. was a leading industrial auction and appraisal firm. Glenn joined the family firm in 1979, and was instrumental in expanding the Winternitz’ customer base, as well as contributing to the overall growth of the auction and appraisal business. Glenn was president of Winternitz Inc. prior to the formation of Glenn A. Winternitz, LLC.

He holds the designations of Certified Equipment Appraiser with the Association of Machinery and Equipment Appraisers (AMEA), Associate Member of the American Society of Appraisers (ASA), and Certified Senior Appraiser with the Equipment Appraisers Association of North America (EAANA). He is a member of the Machinery Dealers National Association (MDNA), the National Auctioneer’s Association (NAA), the Turnaround Management Association (TMA) and the Illinois State Auctioneers Association. Glenn is a licensed auctioneer in 19 states.


Asset Exchange Inc., an Illinois Corporation, with offices in Chicago, Illinois and remarketing facilities in Libertyville, Illinois was formed in early 2001. Merging with the former Norman Levy Company in 2004, we offer over 100 combined years experience in Asset Management, Liquidation, Trade and Finance of all CNC and manual Metalworking and Fabricating assets.

Asset Exchange, www.assetexchangeinc.com, assists Winternitz with worldwide auction marketing and support services. For more information, contact Lon Goldman or Gregg Schwartz at 773-866-9600.

Gregg Schwartz
Gregg Schwartz, President, Asset Exchange Inc., established the corporation in early 2001 shortly after his formation of the Comdisco Manufacturing Solutions Group (NYSE: CDO). Gregg was recruited by CDO to provide the intellectual property for the creation and development of what would later be recognized as the fastest emerging start up in the division. CMS was a technology trading and finance business unit that provided flexible acquisition solutions, equipment lifecycle management, and disposition strategies to top tier corporations, helping them increase their return on net asset performance.

Lon Goldman
Lon Goldman has a 40-year background in the industrial machine tool business. He has spent time in both Europe and the U.S. working with major manufacturing concerns on both the acquisition and disposition of their machine tools and related plant equipment. Lon has been instrumental in the trade of approximately $100,000,000 of industrial assets. He later acquired the Norman Levy Company, which grew to be one of the world’s largest industrial auction houses.

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Glenn A. Winternitz, LLC
1401 Lunt Avenue
Elk Grove Village, Illinois 60007

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