Our History

Corporate Valuations, Inc. began February 1, 1983, founded by Gregory A. Gilbert, Mark Pagano, David Schue and Debby Hartshorn. Susan Arnason joined the firm in 1984, taking over management of all aspects of the firm’s administration.

In a very short time, operating with integrity and honesty while maintaining total confidentiality for its clients, Corporate Valuations, Inc. (“CVI”) became known as the most reliable and efficient business valuation firm on the West Coast.

In 1988 CVI’s business valuation staff was joined by a machinery/equipment appraiser and a commercial real estate appraiser. Shortly thereafter, CVI became a founding member of ValPoint, Inc., which encompassed all the major disciplines required in appraising business assets: machinery & equipment, real estate, intangible assets and business valuation. In 2005 the decision was made to disband ValPoint and maintain strong working relationships with several machinery & equipment appraisers and real estate appraisers outside of that formal relationship.

From 1983 through his retirement, Greg was heavily involved with the American Society of Appraisers (“ASA”). At various times, among other activities, he headed the Portland ASA Chapter, was on the ASA Board of Governors, and was very active in ASA education (developing courses, teaching courses and heading up ASA’s total education effort for all appraisal disciplines). Outside of the ASA, he was on the Appraisal Qualifications Board (which set criteria for being a licensed appraiser in the USA), and for 12 years was the co-USA representative to the International Valuation Standards Committee (the organization that is charged with setting the standards for how appraisals are to be done throughout the world as part of financial statements done by international accountants). Recognizing the need for appraisers to speak with a single voice in today’s ever-more-regulated business environment, he is currently involved in an effort to consolidate the various appraisal organizations in North America with the Royal Institution of Chartered Surveyors (“RICS”), the largest appraisal institution in the world. Greg has several professional designations, the most recent being Fellow of the American Society of Appraisers (“FASA”) and Fellow of the Royal Institution of Chartered Surveyors (“FRICS”).

Cary Carruthers joined Corporate Valuations in 1999 and now serves as the Vice President of the company.

Blake Runckel is Corporate Valuation’s current President, and has been with the company since 2000.  Blake is active in ASA government and is currently the Vice President of the Portland Chapter.  In addition to receiving his senior designation from the ASA, Blake has completed the Chartered Financial Analyst (“CFA”) program through the CFA Institute.