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Executive Corner: You Just Revalued Your Share Price as of the Year-End, Then This Happened …

May 29, 2020 - in Articles, Column

So 2019 was your firm’s best year EVER, and with the stock market soaring and the economic outlook for 2020 looking strong, your share price also hit an all-time high. And then this happened: A viral pandemic sweeps across the globe, states begin shutting…

Executive Corner: What’s a Good Outside Board Director Worth?

February 17, 2020 - in Articles, Column

So you’ve finally decided to add an outside, independent director to the board of your privately held A/E firm. You’ve even identified several candidates.…

Executive Corner: Is Your Company’s Stock a Good Investment?

October 28, 2019 - in Articles, Column

"The best investment I ever made!”  I can’t tell you how often I’ve heard owners in the architecture, engineering and environmental consulting…

Executive Corner: The Latest Trends in A/E Stock Valuation and M&A Pricing

April 29, 2019 - in Articles, Column

Rusk O’Brien Gido + Partners, LLC recently released its annually updated ”A/E Business Valuation and M&A Transactions Study.” Data from the sixth-edition study show remarkable stability in valuations of minority interests in privately held A/E…

Executive Corner: Is It Time for a Shareholders’ Agreement Tune-Up?

November 10, 2018 - in Articles, Column

A well-crafted shareholders’ agreement is the foundation of any professional service firm’s ownership transition plan. In privately held firms (which make up the vast majority of firms in the A/E industry), this is the document that governs how ownership…

Executive Corner: When Those Aging Baby Boomers Just Won’t Retire

December 20, 2017 - in Articles, Column

Alan co-founded a successful consulting engineering firm when he was in his thirties. Through the years, the practice grew steadily, adding new staff, offices and owners along the way. When Alan turned 60, he announced his intent to retire at age 65. That…

Executive Corner: Is the End Near for Traditional Management/Ownership Structures?

August 1, 2016 - in Column

There’s no doubt about it; attitudes regarding ownership, particularly among younger generations, are changing. Why own a car when, with the touch of your iPhone, you can summon an Uber or Lyft driver to take you where you want to go? Why own a house or…

Executive Corner: The Engineering Industry Equity Drain: Crisis or Opportunity?

August 2, 2015 - in Column

While Wall Street wrings its hands over how the markets will be impacted by the Baby Boomers cashing in their 401(k)s and pensions as they leave the workforce, a generation of engineers is similarly worried about what will happen to their companies as aging…

Executive Corner: Managing by the Numbers

February 14, 2015 - in Column

Although the pages of this magazine are largely devoted to the technical aspects of design and construction, this column will focus on the challenges executives face to ensure their firm’s prosperity and longevity. Through two decades of work, I’ve found…