FOR IMMEDIATE RELEASE
Fort Lauderdale, FL—August 21, 2009—The Institute of Business Appraisers (IBA), the pioneer of business appraisal education, professional certification, and resources, today announced that Bob Strachota, MAI, MCBA, FIBA of Shenehon Company, a Minnesota based Real Estate and Business Valuation Firm, has been elected as the Chair of IBA’s Board of Governors. IBA’s Board of Governors provides input and assistance to Headquarters, Boards, Committees, Chapters, and technical support to members in their regions.
As Chair of the Board of Governors, Bob Strachota will be responsible for participating in strategic planning, overseeing Board of Governor meetings and activities, and other Boards and Committees. IBA is very pleased that Bob has offered his strong commitment to ensure IBA’s continued efforts to improve member participation and governance, IBA’s business valuation curriculum, and its accreditations, standards, and membership benefits.
Bob is the President of Shenehon Company. He holds both the MAI and MCBA designations and has over 30 years of appraisal experience in the commercial real estate and business enterprise arenas. During that time, he has successfully completed thousands of appraisals, including some very unusual assignments such as: railroads, riverboats, ranches, and resorts. Bob serves as an expert witness in Federal, State, and District Courts, as well as for commission hearings and special government proceedings. He is an adjunct professor for three degree-accredited universities and is frequently invited to speak at valuation seminars and extension courses. He acts as a court-approved arbitrator, commissioner, and magistrate in real estate and business valuation disputes. Bob holds the highest designations from the Institute of Business Appraisers and the Appraisal Institute and he publishes in both local and national trade journals.
IBA’s Chairs of the Board of Governors are elected by the Board of Governors to three year terms. IBA Regional Governors oversee regional educational events, help support members in their regions, host the IBA National Conference, and provide IBA Headquarters with input and feedback about IBA’s policies and programs. All IBA’s Regional Governors hold the CBA designation. Local chapters are active in several states and metropolitan areas providing members with networking and educational opportunities. For more information about existing local chapters, or starting one in your area, contact your local Regional Governor or IBA Headquarters.
The Institute of Business Appraisers was the first organization to adopt business appraisal standards and ethics codes. Established in 1978, the Institute was the pioneer in business appraisal education and professional accreditation. IBA offers the following designations: Certified Business Appraiser (CBA), Accredited in Business Appraisal Review (ABAR), Business Valuator Accredited in Litigation (BVAL) and Master Certified Business Appraiser (MCBA).
About IBA: The Institute of Business Appraisers is the oldest professional membership association devoted solely to the appraisal of closely-held businesses. IBA’s education focuses on showing students “how to” perform the work. Our education courses provide a unique, hands-on, interactive approach to learning. IBA measures success by the professional advancement of its members and personal assistance through our volunteer sponsors and mentors. Headquartered in Fort Lauderdale, Florida, the Institute’s members receive free technical support and FREE access to IBA’s Market Database, the industry’s largest database of closely-held comparable business sales. To learn more about the benefits of an IBA membership, visit www.go-iba.org or call 800-299-4130.