PRINCIPAL BIOGRAPHIES The following are brief biographical sketches of our principals: Managing Principal and Director of Tax Practice and Administration - Robert Eichberg [email] joined CDM, in 1996 after twenty-six years with Big Five accounting firms, including 12 years as a partner with Deloitte & Touche. Bob’s experience has been in the following areas: · Functional - tax, including tax planning for individuals, corporations and partnerships, estate and gift tax planning, business analysis, including mergers and acquisitions. · Industries - real estate development and construction, oil and gas, mining, manufacturing and distribution, and individuals. Director of Auditing and Accounting Services - Barry Koritza [email] joined a predecessor of Ernst & Young in Little Rock, Arkansas in 1978 and became an audit senior in 1979. Subsequently he moved to Denver with Geis, Buhrdorf & Co. where he became audit manager in 1984. Barry joined CDM in 1985. Barry's twenty-one years' experience has been in the following areas: · Functional - audit and Securities and Exchange Commission reporting, mergers and acquisitions, computerized accounting systems, and general computer consulting. · Industries – real estate, retail, wholesale, manufacturing, mining, employee benefit plans, not-for-profit organizations, professional service firms, mortgage banking, and computer software development. Director of Housing and Public Finance and Litigation Support Principal - Jack Blumenthal [email] joined Deloitte & Touche in 1969 and became a senior consultant in 1972. Jack joined Grant Thornton in 1973 as a manager and became a partner and National Director of Consulting Services in 1974. He served a Denver-based oil company as its Chief Financial Officer from 1980 to 1982 and was a partner and Director of Management Consulting for Hein & Associates from 1982 until he joined CDM in 1986. His more than thirty years’ experience has been in the following areas: · Functional - financial structuring, feasibility studies, profit improvement programs, cash management, bankruptcy analysis, litigation support, business valuations, and commercial loan defeasance verifications. · Industries - real estate, wholesale and retail distribution, financial institutions, oil and gas, health and retirement care, professional firms, state and local government, and tax-exempt bonds. Tax & Financial Planning Principal - Paul Demgen [email] was a founder of CDM. Paul joined Ernst & Young in the Denver office in 1973 and was promoted to tax manager in 1979. He is a Certified Financial Planner and is in charge of the firm’s personal financial planning services. Paul specializes in the following areas: · Functional - tax planning and compliance, including individual, corporate, partnership, estate and trust, personal tax and financial planning, representation before the IRS, and investment advisory services. · Industries - natural resources, real estate, legal, professional service organizations and partnerships, and manufacturing. Tax and Litigation Support Principal - John Connell [email] was a partner at Deloitte & Touche from 1981 to 1990, at which time he joined CDM. Licensed as an attorney in the State of Colorado, John has twenty-eight years' experience specializing in business valuations, tax, financial planning and financially oriented litigation support matters. · Functional - business and professional practice consultation and valuations, pension valuations, lost profits analysis and financial and tax matters related to marital dissolutions, litigation support involving lost profits in both personal injury and commercial litigation. · Industries - primary emphasis on individuals, small businesses, and real estate. Audit Principal - Thomas Ruygrok [email] joined CDM in 2000 as an audit/consulting partner.  Previously he was with PricewaterhouseCoopers for 25 years.  Tom's experience has been in the following areas: · Functional - audit and Securities and Exchange Commission reporting, outsourcing internal audit services, enterprise-wide risk assessments and reengineering client accounting and operational processes. · Industries – real estate, telecommunications, services, transportation, mining, utilities, manufacturing, nonprofit, entertainment and government. Tax Principal - Douglas Page [email] completed the Masters of Taxation program at the University of Denver in 1978. He worked at Hein & Associates through 1986, at which time he left his position as tax manager to form his own firm. After three years with his firm, Doug joined CDM as a tax principal in 1989. His experience has been in the following areas: · Functional - tax compliance and planning for trusts, individuals, corporations, and partnerships, new business planning, and representation before the IRS. · Industries - oil and gas, real estate, professional services, and restaurants. Housing and Public Finance Principal - Douglas Carlile [email] joined CDM in 1987, became a manager in 1989 and a principal in 1995. Prior to 1987 he served as a project engineer for Black & Veatch. Doug’s career includes experience in the following areas: · Functional - financial structuring and verification studies, feasibility studies, litigation support, business valuations, strategic planning, model development, and commercial loan defeasance verifications. · Industries - financial institutions, state and local government, real estate, civil litigation, and retirement care. Tax and Litigation Support Principal - William Vincent [email] joined CDM in 1990, became a manager in 1993 and a principal in 1999. Bill was previously with Deloitte & Touche and Ernst & Young. He is a Certified Financial Planner (CFP), a Certified Valuation Analyst (CVA), and a Personal Financial Specialist (CPA/PFS). His fifteen years’ experience has been in the following areas: · Functional - business, professional practice and pension valuations, tax compliance and planning, financial planning specializing in divorces and executives, litigation support involving marital dissolutions, commercial litigation and personal injury. · Industries - primary emphasis on small businesses, professional practices and individuals. Housing and Public Finance Principal - Steven Timmons [email] joined CDM in 1994 became a manager in 1997 and a principal in 2004. Steve previously worked as a market development consultant for Southern California Gas Company and as a senior statistician for Standard & Poor's Compustat Services, Inc. Steve’s career includes experience in the following areas: · Functional - financial structuring and verification studies, litigation support, business valuations, financial statement analysis, and commercial loan defeasance verifications. · Industries - financial institutions, state and local government, tax-exempt bonds, manufacturing, professional services firms, and real estate. Tax & Litigation Support Principal – Cheryl Walton [email] joined CDM in 1992, became a manager in 2001 and a principal in 2005. Cheryl’s career experience has been in the following areas: · Functional – Business and professional practice valuations, litigation support involving marital dissolutions and financial matters, pension valuations, tax compliance and planning, financial planning. · Industries – Primary emphasis on small businesses, professional practices and individuals. Tax Principal - Michael Graef [email] joined CDM in 1994, became a manager in 1997 and a principal in 2006. Mike was previously with Seiler and Company, a California CPA firm. His experience has included the following areas: · Functional - tax compliance and planning, including individuals, corporations, partnerships, estates, and trusts. · Industries - real estate, construction and design, professional service firms, investment partnerships, tele-communications, manufacturing, and trucking and cargo handling. Tax Principal – Steve Oltmans [email] joined CDM in 2007 as a principal. Steve has over 20 years experience in tax including positions as an Engagement Director for PricewaterhouseCoopers and a Senior Tax Manager for Arthur Anderson. Steve has a law degree from Rutgers School of Law and an LLM Degree in Tax from the University of Denver. Steve’s career experience has been in the following areas: · Functional – tax consulting (domestic and international), representing clients before the IRS, state and local taxing authorities, assisting companies in the initiating or expanding into foreign jurisdictions. · Industries – Primary emphasis on closely-held corporations, pass through entities, trusts & estates, emerging technology companies and high net worth individuals. Audit Principal – Donn Aggeler [email] joined CDM in 1995, became a manager in 1999, and a principal in 2006. She has over six years experience in auditing and accounting. Donn’s career experience has been in the following areas: · Functional – audit and SEC reporting, mergers and acquisitions, forensic accounting and investigation. · Industries – manufacturing, wholesalers and retailers, service organizations, broker/dealers, real estate, homeowners associations, and state and local government. Housing and Public Finance Principal – William Glasso [email] began his career with CDM as a consultant in 1997 and subsequently went to work as a financial advisor to state and local governments with Evensen Dodge LLC and then Capital Markets Advisors, LLC, both in New York City. He rejoined Causey Demgen & Moore Inc. in 2006 as a senior manager and became a principal in 2008. His career includes experience in the following areas: · Functional - financial structuring and verification studies, litigation support, cash management, security bidding agent, debt restructuring, and commercial loan defeasance verifications. · Industries - financial institutions, state and local government, tax-exempt bonds, civil litigation, and real estate. [Home] [What We Do] [Who We Are] [Contact Us] [Careers at CDM] [Public Links] [Newsletter]