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Ronald
K Simonian, Director and Principal
Director Ronald Simonian is an expert in strategic consulting,
merger and acquisition consulting, and accounting and auditing. He
previously worked with a national CPA firm and has been with Shea
Labagh Dobberstein for fifteen years.
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| Mr. Simonian has expertise in working
with companies in [he distribution, manufacturing, construction
and real estate industries.
Mr. Simonian also works with a number of non-profit
organizations, labor unions and related pension and health and
welfare trust funds in providing audit and accounting services and
tax compliance work. In this capacity, he is a frequent speaker at
Board meetings and events regarding annual report issues, tax
compliance and other industry issues.
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Some of Mr. Simonian's representative recent engagements:
- Identifying and setting up an innovative compensation
structure for a group of companies:
A group of four related entities, one being a non-profit
organization, was interested in creating an innovative
incentive compensation structure. The structure was to be
designed such that management members in the various entities
would be rewarded based on the attainment of specific,
measurable goals. Key to the design was structuring a plan
that vested over years, so as to attract and retain management
members. Mr. Simonian worked with the key executive directors
and outside counsel to design a "Unit Appreciation
Rights" plan. The Plan, modeled after a traditional Stock
Appreciation Rights Plan, was implemented recently and has
been well received by management personnel.
- Analysis of acquisition opportunities:
Mr. Simonian worked with a Bay Area entrepreneur who wanted to
acquire a distribution or manufacturing company. Over a
two-year period a number of potential acquisition candidates
were identified and analyzed. Mr. Simonian's background in
valuation and appraisal of small and mid-market businesses
proved beneficial to the entrepreneur, as purchase
negotiations with one company proved fruitful. Mr. Simonian,
along with members of the Firm's tax department, provided
expertise throughout the acquisition process in structuring
the transaction.
Ronald Simonian is a CPA and a member of the AICPA and the
California Society of CPAs. He received a BA in Business
Economics, emphasis in Accounting, from the University of
California at Santa Barbara. Mr. Simonian has two sons, Nicholas and Timothy and a daughter, Megan.
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Labagh Dobberstein Certified Public Accountants, Inc.
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