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Global Management



Joseph Zvesper, Chairman & Chief Executive Officer

Joe is Chief Executive Officer as well as Chairman of the Firm's Board of Directors. His principal focus is the development and implementation of the Firm’s global strategic initiatives.  He maintains offices in New York, London and Milwaukee.

Prior to joining American Appraisal in 1993 as Executive Vice President & CFO, Joe held various senior consulting and practice development positions with Price Waterhouse. He has extensive experience in the mergers & acquisitions arena both as an advisor and investor.

Joe is a certified public accountant and earned his university degree in Accounting and Economics (magna cum laude) from Carroll University in 1976.

Phone: +1 414 225 2004 


Kimberly Russo, Executive Vice President & Chief Financial Officer

Kim is an executive vice president, Chief Financial Officer and director. She has also served as the Firm’s senior vice president of finance.

Kim is a certified public accountant and earned a Bachelor of Science – Accounting from the University of Wisconsin–Madison. Prior to joining American Appraisal, she was a member of the audit consulting staff of Price Waterhouse.

Phone: +1 414 225 1902





Paul Hartnett, Managing Director - USA

Paul is the managing director of US operations. He manages all of the US consulting, business development and marketing activities, including nine regional consulting offices. Prior to joining American Appraisal, he led the public service assurance and consulting practice in KPMG’s Milwaukee office.  

Paul earned his Bachelor of Business Administration – Accounting at the University of Wisconsin-Milwaukee. He is a certified public accountant and has extensive experience in providing assurance and consulting services to publicly traded companies, large manufacturers, insurance companies, healthcare organizations, government entities, and colleges and universities.

Phone: +1 414 225 1276


Herbert Saunders, Managing Director - Canada

Herb is the managing director of Canadian operations. He consults with clients in the public and private sectors to resolve a wide range of issues relating to valuation, transaction consulting and fixed asset management. Prior to joining American Appraisal in 1983, Herb held various positions in insurance, banking and corporate finance. He attended Trent University, earning Bachelor of Arts degrees in Political Science and Economics.

Phone: +1 416 593 3405




Srividya Gopalakrishnan, Managing Director - Singapore

Srividya provides a range of services relating to valuation, transaction consulting and related advisory services. She has about 16 years of experience in valuations, M&A, corporate finance, corporate strategy and management consulting.

Prior to joining American Appraisal, Srividya was the Partner and Practice Leader – Valuations at Grant Thornton India, setting up their valuation practice in 2004. Under her leadership, the practice grew to a 25-member team with national penetration.Srividya has also worked with Baring Communications Equity Asia (BCEA), a private equity fund, part of the ING-Barings group and with A.F.Ferguson & Co (part of Deloitte) prior to her stint with Grant Thornton.

Srividya graduated from Madras University with a Bachelor of Commerce degree, and also has a Post Graduate Diploma in Management (MBA equivalent). She has published various articles on valuation and M&A and has appeared on several television interviews. She is a regular speaker at conferences and seminars.

Phone: +65 6589 9190



Varun Gupta, Managing Director - Southeast Asia

Varun is the managing director responsible for overall management of operations in India, Singapore, Japan and Thailand, including technical direction and client management on complex engagements. He has more than 19 years of experience in valuation and financial advisory services.

Varun earned his MBA from the Indian Institute of Management. Prior to joining American Appraisal, Varun worked with Deloitte, leading a team of 70 professionals in providing valuation services to US-based clients in relation to valuation of investments, purchase price allocation and impairment testing under US GAAP and IFRS. He has also worked with PwC’s Financial Advisory Services practice in India, focusing on valuation and project finance.

Phone: +91 22 6623 1000


Vincent Tsang, Managing Director - Taiwan

Vincent is the managing director of American Appraisal’s Taiwan operations. He has been providing valuation and related advisory services since 1996.

Vincent earned a Bachelor of Commerce (Honors) from Queen’s University, Canada, and an MBA from the University of British Columbia. He is a certified public accountant and was the first individual in Asia to obtain an ABV qualification. Prior to joining American Appraisal, Vincent was Head of Valuation Practice at both Deloitte Northern China and KPMG Taiwan.

Phone: +886 2 2757 7200


Rodolfo Vergara, Managing Director - Thailand

Rod is the managing director of operations in Thailand. He directs and coordinates business development, technical, administration, and accounting functions, as well as review of major appraisal engagements.

Rod studied extensively at the University of the Philippines, earning his MBA as well as degrees in civil engineering (cum laude) and physics (National Science Development Board Scholar). Before joining American Appraisal, Rod worked in management at Philippine Refining Company, a subsidiary of Unilever in the Philippines. He has also worked as a financial/research analyst with an investment/management company.

Phone: +662 675 8403


Patrick Wu, Managing Director - China

Patrick is president and managing director responsible for Greater China operations, especially in Hong Kong and the People’s Republic of China, which has offices in Hong Kong, Beijing, Shanghai, Guangzhou, and Shenzhen.

Patrick attended the University of London, earned an MBA from Case Business School, and studied law at the College of Law, London, England. Prior to joining American Appraisal, Patrick was a partner of the international law firm of Coudert Brothers with particular responsibility for China trade advice. Patrick was admitted into the practice as a lawyer in England and Wales in 1981 and in Hong Kong in 1982.

Phone: +85 2 2119 8022


Yerlan Yeszhanov, Director - Kazakhstan

Yerlan is the director of business development in Kazakhstan and Central Asia.  He holds state licenses on valuation activity in the Republic of Kazakhstan and is a member of American Appraisal’s Global Extractive Industries Team.

Yerlan earned a master’s degree from the Kazakh Technical Academy Magistracy. He has also studied international economic relations at the Kazakh State Academy of Management, specialized in German language studies at Kazakh State University of World Languages, and studied law at Humanitarian University (named after D. A. Kunaev). Prior to joining American Appraisal, Yerlan worked for China Oilfield Services Limited (Kazakhstan) LLP as a general manager and for Baker Hughes as manager of the Shared Services division, deputy registered manager of the BHSII branch office, and business development manager in Kazakhstan.

Phone: +7 727 2590175



James Bauer, Managing Director, Business Development

James is the managing director of business development in Western Europe and the United Kingdom. He has experience in transaction advisory and development, as well as asset management of commercial buildings, office buildings, portfolio strategy and valuation. He belongs to the Board of REAG Europe. He holds a MBA degree from City University and is a member of various national and international organizations and a speaker at conferences.

Prior to joining REAG, James worked with CALLISTON (formerly a Trammel Crow firm in Germany) as a manager responsible for acquisition, development and asset management of commercial properties. Before coming to Germany in mid-1990, James worked in the field of real estate in the United States.

Phone: +49 69 247526 70


Henryk Ciesielski, Managing Director - Poland

Henryk is managing director of American Appraisal’s operations in Poland and a director of the financial valuation practice. He has broad experience with financial consulting projects including buy-side and sell-side transaction advice, analyses of business plans for start-up companies, financial modeling, project financing, and restructuring and reorganization analyses.

Henryk holds MBAs in Business Administration and Banking and Finance. Prior to joining American Appraisal, he was a senior consultant in the Corporate Finance Department of Deloitte & Touche, specializing in valuation and transaction services. He has also worked for various industry companies, investment banks and accounting practices.

Phone: +49 69 719184 0



Leo Civelli, Managing Director - REAG

Leo is the Chief Executive Officer of REAG European Operations, maintaining offices in Milan, Paris, Frankfurt am Main and Munich. He has 20 years experience in overall management of real estate operations, including the business development of real-estate-related advisory services. He is a member of various national and international appraisal organizations and is a Fellow of the Royal Institute of Chartered Surveyors (FRICS).  He is a frequent speaker at national and  international conferences and a lecturer at the University of Milan and Turin.

Prior to joining American Appraisal, Leo worked with internationally known civil contractor firms providing quantity surveying and project management, gaining significant experience in several African countries.

Phone: +39 039 6423 875



Loredana Drovetto, Managing Director - Italy

Loredana is the managing director of operations in Italy. She holds a Bachelor of Arts – Foreign Languages degree from Turin University. Prior to joining American Appraisal, she worked for the Italian Council of Research and for advertising and public relations agencies.

Phone: +39 011 6661122



Agoston Jakab, Managing Director - Hungary

Agoston is the managing director of operations in Hungary. He is a graduate of Budapest Economic University’s Financial Administration program and also earned a degree in Business Administration and Computer Systems from the College for Financial Issues and Accounting. Prior to joining American Appraisal, he was a business appraiser, financial consultant and real estate consultant for IDD Budapest Financial Consulting and Valuation Co. Ltd.

Phone: +36 1 388 4185



Jiri Krch, Managing Director - Czech Republic

Jiri is the managing director of operations in the Czech Republic and serves as senior valuation consultant for industrial and financial valuation services within American Appraisal’s Central European operations.

Jiri studied engineering at Kovosvit School of Engineering, and earned a Master of Science – Engineering from Czech Technical University (Prague). Prior to joining American Appraisal, Jiri worked for DISAM SYSTEMS as marketing and implementation manager in the accounting and MRP software department.

Phone: +420 226 539 640





Alexander Lopatnikov, Managing Director - Russia & Central Asia

Alexander is a managing director in Russia and the CIS. He is a leader of American Appraisal’s global extractive industries team and a member of the Extractive Industries Committee of the International Valuation Standards Council (IVSC).

Alexander is a frequent speaker at various international conferences, addressing topics such as emerging issues in IFRS and International Valuation Standards, fair value measurement and M&A in the energy, metals and mining industries. He has also participated in a group of experts engaged by the IVSC to update IVS guidance notes.

Alexander studied theoretical and experimental physics at the Moscow Engineering Physics Institute and undertook postgraduate studies at the D.V. Efremov Scientific Research Institute of Electrophysical Apparatus. He also completed executive and professional development programmes at London Business School (Advanced Corporate Finance) and Imperial College London (Mineral Project and Finance).

Phone: +7 495 795 2450


Paola Ricciardi, Managing Director - REAG

Paola is managing director and president of the board of REAG Italy. She supervises its three main business lines (advisory, R4loans and professional services) and coordinates the activity of its sales and legal, marketing, communication and training, purchasing and logistics, and quality and research and development offices. Previously, as European coordinating manager, she was responsible for supervising pan-European projects, coordinating the activity of REAG's European companies and cross-border projects with the United States.

Paola lectures at the Real Estate Property Management Master at the Universities of Milan and Turin. In 2006, she helped to found AREL (Real Estate Ladies Italian Association).

Phone: +39 039 6423 839



Ingo Schneemann, Managing Director - Germany

Ingo is managing director for the German operations. He serves as project manager and executive in charge of domestic and international engagements.

Ingo earned his MBA from the University of Mannheim. Prior to joining American Appraisal, he worked in the field of corporate finance and M&A. 

Phone: +49 69 719184 0



Joachim Schulz, Managing Director - Benelux

Joachim is the managing director of Benelux operations and heads the company’s Central European transaction and restructuring practice. He has more than 20 years of experience in consulting, corporate banking and industry. Joachim earned a Drs, Diplom-Oeconom from the University of Stuttgart-Hohenheim. Prior to joining American Appraisal, Joachim worked with KPMG Corporate Finance, Ernst & Young and Deutsche Bank in Germany and the Netherlands.

Phone: +31 010 2092610



Michael Weaver, Managing Director - UK, Northern Europe & Middle East

Mike leads American Appraisal's UK practice and manages operations in Benelux, Czech Republic, Germany, Hungary, Middle East and Russia. He has 16 years of valuation and advisory experience, having started his career at PwC in 1995 after earning a Bachelor of Science – Mathematics from St. Andrews University. He left PwC’s Valuation and Strategy division in 2002 to start his own valuation business with a number of other senior PwC colleagues.

Mike is on the Committee of the Valuation Special Interest Group at the Institute of Chartered Accountants in England and Wales and is a Member of the RICS Business Valuation division. He is regularly appointed by the President of the Institute of Chartered Accountants to opine on valuation issues in litigation proceedings and regularly lectures on the subject of business, share and option valuation techniques.

Phone: +44 20 7778 0804


Pavlos Zeccos, Managing Director - Greece

Pavlos is the managing director of operations in Greece, responsible for business development and project management in the domestic market and in Cyprus.

Pavlos earned a Msc in Finance from the Athens University of Economics and Business. Prior to joining American Appraisal, Pavlos held top managerial positions in international companies engaged in the automotive and heavy machinery industry and worked in Ethiopia, Switzerland, the United Kingdom and Greece.

Phone: +30 210 72 91 867




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