Richard May
Duff & Phelps

Richard C. May is currently a Managing Director at Duff & Phelps.

Mr. May has over 25 years of experience working with both publicly and privately held corporations. He advises business owners on the value of businesses and assists them in structuring financial transactions that meet their personal and corporate objectives. He has written numerous articles on a broad range of business valuation theory, security structuring, and solvency issues.

Mr. May has served as an expert witness regarding valuation issues in the United States Federal Tax Court, United States District Courts, and numerous state courts. Some of the litigation cases that Mr. May has been involved in include: Hutchens Industries, Inc. v. the Commissioner of Internal Revenue; Bear Stearns & Co. v. Jardine Strategic Holdings, Ltd.; Daniel Lee Atwood and Janice Lee Corneal, et al. v. Burlington Industries Equity Inc., et al.; and Florin et al. v. Wesray et al. (Simmons Mattress). In addition, Valuemetrics has been retained by the Department of Labor regarding six enforcement cases of alleged breaches of fiduciary duty regarding investments in qualified plans.

Prior to forming Valuemetrics, from 1978 to 1981 Mr. May was Vice President of Operations at Sugar Supply Corporation, a closely held cash commodity firm. From 1972 to 1978, he was a Manager with TMI Systems Corporation, a startup Citicorp venture capital funded firm. The firm specialized in the application of production and decision systems technologies to control both the information and paper flows in large financial institutions. Mr. May was an Engineer with Boeing Company from 1969 to 1972. He designed and installed production control systems for Boeing's aircraft fabrication and assembly operations.

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