Dr. Hakala is a director in the Southwest Region of CBIZ Valuation Group. He brings to the firm extensive practical knowledge of finance, economics and statistics and is responsible for managing projects ranging from the valuation of a small personal services business to valuing a large conglomerate or providing economic analysis and forecasts of future demand. He has a wide range of areas of experience and interest. Dr. Hakala has served as an expert and testified on a number of occasions. He co-authored two articles on the valuation of distressed companies and has extensive experience analyzing and advising companies in financial distress, including companies in the healthcare industry. He has managed a number of valuations involving long-term care and nursing home facilities. Recent significant engagements have included: intercompany transfer pricing, valuations in shareholder disputes, determinations of materiality and damages in breach of fiduciary and public stock fraud cases, valuations of options and derivative securities, fairness opinions and due diligence assistance and valuations of companies for mergers and acquisitions. Prior to joining CBIZ Valuation Group in 1992, Dr. Hakala was an assistant professor of economics at Southern Methodist University. Dr. Hakala is a graduate of the University of Minnesota with a Ph.D. in economics, specializing in monetary theory, international economics and financial economics. He received an undergraduate degree (summa cum laude) from the University of Minnesota with a major in economics (industrial organization and managerial economics) and a minor in business administration. He is a Chartered Financial Analyst (CFA) and a member of the CFA Institute. |