Key Professional Profile – Douglas R. Krieser, ASA FRICS
Douglas R. Krieser, ASA FRICS is the founder and president of Valcon Partners, Ltd. He has performed and supervised valuations and consulting projects on an international basis for over 34 years. His area of expertise is primarily machinery & equipment/personal property. However, he has valued buildings and improvements for insurance purposes. He has broad experience in performing valuations and consulting projects for a variety of purposes including, but not limited to the following:
His valuation experience includes a wide range of industries including, but not limited to: telecommunications, broadcasting (television and radio), scrap metal, paper and cardboard products, saw mills, graphics and printing, aviation, automotive (OEM and suppliers), textiles, trucking, construction equipment, railroads and railroad car manufacturing, packaging products, plastic injection molding, blown film, rubber processing, electronic component and equipment manufacturing, specialty metalworking, metal stamping, specialty chemicals, general manufacturing, food processing and distribution, pet food, financial institutions, retail and wholesale distribution, hospitals and healthcare, hotels and resorts, universities, data centers, high rise office buildings, utilities, oil wells, antique machinery, and airports.
Mr. Krieser has performed and supervised valuations throughout North American (United States, Mexico and Canada), Europe, Asia, and South America. In addition to his valuation experience, Mr. Krieser has experience testifying in several states regarding personal property tax matters and has testified in federal bankruptcy court.
Mr. Krieser has authored various articles and has given presentations at national conferences on topics such as obsolescence, insurance valuation issues, the effects of accounting standards on the appraisal profession, personal property tax issues, the valuation of medical equipment and other valuation related topics. He is also a contributing author and editor to the latest three editions of Valuing Machinery and Equipment: The Fundamentals of Appraising Machinery and Technical Assets published by the American Society of Appraisers in 2005, 2011, and 2020.
He is a Staff Instructor for the American Society of Appraisers, teaching three of the four introductory courses. In addition to teaching various courses, he has also developed an advanced valuation theory course covering valuations for financial reporting purposes.
Mr. Krieser’s past professional experience includes Stout Risius Ross, Inc. (“SRR”) where he was the head of their machinery and equipment practice. Prior to SRR, he spent several years at Arthur Andersen in their Valuation Services Group. During the last two years, he was Andersen’s Central Region Equipment Valuation Manager. Prior to Arthur Andersen, he spent ten years with Factory Mutual Engineering, a leading supplier of insurance related appraisal and engineering services.
Mr. Krieser earned a BS in Industrial Engineering from Marquette University.
He is a Senior Member of the American Society of Appraisers (“ASA”). Positions of leadership within the ASA include: Immediate Past President of the ASA, International President, Vice President, Secretary/Treasurer, Chairman of the ASA International Board of Examiners, Treasurer of the Machinery and Technical Specialties (“MTS”) sub-committee (of the ASA), and the Editor of the MTS Journal.
He has also served on several ASA and other committees and taskforces covering the areas of Uniform Standards of Professional Appraisal Practice (USPAP), the International Valuation Standards, and other professional valuation issues.
In addition to his membership in the ASA, Mr. Krieser is also a Fellow of The Royal Institution of Chartered Surveyors (RICS). RICS, based in London England, is one of the most respected and high profile global “standards and membership” organizations for professionals involved in land, property, construction and environmental issues.