2022 Fair Value Virtual Conference - Winter

Raymond D. Rath is managing director at Baker Tilly US, LLP. He has over 40 years of experience in business valuation, specializing in enterprises and intangible assets. Mr. Rath has been a designated member of ASA for 38 years, and an active volunteer with numerous leadership positions, including most notably serving as Vice President of ASA International Board of Examiners, Treasurer of the ASA Business Valuation Discipline Committee, and as ASA’s Los Angeles Chapter Committee President. He was conferred the designation of Fellow (FASA) – the highest honor ASA bestows for his contributions to ASA and the appraisal profession. 

Johnnie White, CEO, Chief Executive Officer, is responsible for the oversight and management of the Society’s business office and executing the directives set by the ASA board of governors and its executive committee. Johnnie is an association professional with more than 27 years serving in a variety of management and leadership roles. 

Gary Roland is a managing director at Kroll Inc., working in the Philadelphia office and part of the Office of Professional Practice, which interacts with financial reporting standard setters and regulators, tax authorities, audit firms and professional associations with the objective of supporting client facing efforts throughout the firm. He has more than 25 years of experience in the industry with extensive multinational experience in the valuation of intangible assets and in the valuation of minority and controlling interests in closely held companies. Gary has also served clients from all aspects of the pharmaceutical and life sciences industries. Gary holds an M.B.A. in finance and marketing and a B.S. in civil engineering from the State University of New York at Buffalo. He is a chartered financial analyst and a certified public accountant.

Mark Edwardsis a partner in Grant Thornton’s Valuation Services practice and serves as the practice leader for the Mid-South market territory. Prior to joining Grant Thornton, Mark served more than 13 years with Arthur Andersen and other national valuation firms. He has extensive experience in the valuation profession, and has worked for more than 20 years with numerous public and private clients on financial reporting, litigation, transaction advisory and strategic planning. In addition to managing the Valuation Services practice, Mark has served as an expert witness in litigation and provided testimony in disputed valuation cases.

Amanda Miller, PhD is a Managing Director at Ernst & Young, LLP with over 15 years in the industry. She also serves as co-chair of the AICPA "Cheap Stock" task force (revising the guide in 2020) and was co-chair of the AICPA PE/VC task force for the guide that was published in 2019. Her projects focus on assisting clients in understanding fair value issues, and on valuing complex securities such as options, warrants, preferred & common stock, performance awards, convertible notes, debt and related embedded derivatives, loan portfolios and contingent considerations.

Charles Sapnas is a practice leader specializing in the valuation of domestic and international businesses, intangible assets and liabilities for financial reporting and tax compliance purposes. Specialties include business combinations (ASC 805), impairment testing (ASC 350/360) and share-based compensation (ASC 718) for financial reporting and tax purposes and the valuation of legal entities and intangible assets for domestic and international corporate tax planning and restructuring. Prior to joining VRC, Charles held the position of Vice President at Hempstead & Co. In this capacity, he provided business and intangible asset valuations for numerous purposes including tax and estate planning, employee stock ownership plans, financial reporting, litigation support and fairness opinions. Charles first joined ASA in 2007 and currently holds the designation of Accredited Senior Appraiser (ASA). In addition, he holds the designation of chartered financial analyst (CFA).

Vincent Covrig, PhD, CFA, is a Principal of Crowe LLP. He has over 15 years of experience valuing compensation awards, preferred stock, contingent considerations, embedded derivatives and debt valuation. He has presented at ASA and NACVA conferences, teaches classes at the California State University, and has published more than a dozen papers in top academic and practitioner journals.