Financial Analysts

Suzanne Ackley
Senior Research Analyst

Suzanne Ackley is a senior research analyst with BIA/Kelsey responsible for researching and preparing local market analyses, industry overviews and national economic overviews. Additionally, Ackley is responsible for researching and creating the maps, graphics, charts and demographic/economic tables used in BIA/Kelsey’s fair valuations. She has conducted several research studies, including an analysis of the power ratios of radio stations in Arbitron rated markets.

Ackley has performed hundreds of asset allocation assignments for some of the largest media companies in the nation, as well as many regional and national financial institutions. She has been responsible for appraising intangible assets, including FCC licenses, network affiliation agreements, advertiser base assets, retransmission consent agreements, syndicated programming agreements, sports broadcast rights agreements, favorable and unfavorable facility leases, and income leases for acquisitions and fresh-start accounting purposes. She has also assisted in the appraisal of tangible assets of radio, television, tower, outdoor advertising and communications properties. Ackley has assisted many publicly traded and privately held broadcast companies with their valuation needs associated with FASB 141/142. She has also prepared and produced valuation studies for communication and media properties, FCC license swaps, operational audits, due diligence, financial reviews, evaluations of technical facilities, fairness opinions, comparable sales analyses, and feasibility studies for start-up radio and television stations.

Ackley earned a Bachelor of Arts in English writing from George Mason University in Fairfax, Virginia. She also received a Master of Education in secondary English from George Mason University. In addition, Ackley received an Associate of Applied Science in business management with a specialization in finance from the Northern Virginia Community College in Manassas, Virginia. The A.A.S. degree was conferred magna cum laude.

Lauren Butler
Director of Media Valuations

Lauren Butler is director of media valuations for BIA/Kelsey. With the company for more than 20 years, she has performed valuations for thousands of properties and companies worth more than $50 billion.

Butler has been responsible for the preparation and oversight of fair market valuations (both asset sales and equity valuations) for broadcasting and cable properties, publications, Internet businesses, communications tower companies, outdoor companies, and trade show expos. She has performed due diligence related to mergers and acquisitions, the valuation of Employee Stock Ownership Plans, as well as interests in privately held companies to be used for gift and estate planning, shareholder disputes, and litigation support. She has also testified as a valuation expert in several disputes involving broadcasting assets.

In addition, Butler has assisted broadcast clients with their financial reporting requirements related to fair valuations of goodwill and other intangible assets with indeterminable lives (SFAS 142). Many of these assignments relate to enterprise valuations of broadcast properties along with their associated FCC licenses and are performed on an annual basis. Clients for which these analyses have been performed include both large publicly traded companies as well as smaller privately held firms.

Prior to joining BIA/Kelsey, Butler served as a financial analyst with Frazier, Gross & Kadlec, a broadcast financial management consulting firm, also specializing in fair market valuations and tax appraisals for television, radio and cable television stations. She was also previously employed as a Financial Analyst with Contel ASC.

Butler graduated from Furman University with a double major in economics/business administration and philosophy. Her Bachelor of Arts degree was conferred cum laude. She is an associate of the American Society of Appraisers.

Jeanne Dixon Dattilo
Manager, Media Valuations

Jeanne Dixon Dattilo is the manager of media valuations for BIA/Kelsey. With the company since 1997, Dattilo has valued an estimated $25 billion worth of television, radio and publication properties, including some of the largest broadcasting companies in the nation. She has been responsible for the preparation of hundreds of fair market valuations, equity valuations, guideline company analyses and asset allocation assignments for both broadcast and publications properties. She has prepared valuations and appraisals for many regional and national financial institutions and some of the largest corporations in the communications industry.

Dattilo’s experience also includes the valuation of digital multicast channels, communications tower companies, local phone directory publications, outdoor advertising companies, and the valuation of Employee Stock Ownership Plans and interests in privately held companies to be used for gift and estate planning purposes.

In addition, Dattilo has assisted broadcast clients with their financial reporting requirements related to fair valuations of goodwill and other intangible assets with indeterminable lives (SFAS 142). Many of these assignments relate to enterprise valuations of broadcast properties along with their associated FCC licenses and are performed on an annual basis. Clients for which these analyses have been performed include both large publicly traded companies and smaller privately held firms.

Prior to joining BIA/Kelsey, Dattilo was employed by PMI Mortgage Insurance Co. in Fairfax, Virginia. She was responsible for reviewing and underwriting limited documentation home mortgage insurance applications. She also assisted with compliance underwriting of conforming and non-conforming home mortgage loans for hundreds of mortgage lenders.

Dattilo earned her B.A. in economics from St. Mary’s College of Maryland in St. Mary’s City, Maryland. Her Bachelor of Arts degree was conferred cum laude. She earned her M.B.A. from George Mason University in Fairfax, Virginia.

Geoff Price
Vice President, Valuations and Financial Consulting

Vice President Geoff Price manages and operates BIA/Kelsey’s valuation consulting group. He has been with the company since 1988 and has appraised hundreds of media and telecommunications properties worth in aggregate in the tens of billions of dollars.

Price is responsible for the preparation of asset appraisals, valuation studies, strategic consulting assignments, and litigation support for clients in the communications and broadcast industries. He has also been responsible for assisting many publicly traded and privately held broadcast companies with their valuation needs associated with FASB 141/142. In addition, Price is part of the business development team and is responsible for client relationships with many of the largest broadcast companies nationwide. His appraisal and valuation experience is diverse, including reports for firms in the cellular, paging, SMR, cable, print, tower and broadcast industries.

Price earned a B.S. in finance from Virginia Polytechnic Institute and State University in Blacksburg, Virginia, and received his M.B.A. from George Mason University in Fairfax, Virginia.

William Redpath
Vice President, Valuations, BIA/Kelsey

William Redpath is a vice president for BIA/Kelsey with an expertise in the appraisal of broadcasting, cable and telecommunications properties, and their tangible and intangible assets.

Redpath began his career as a staff auditor in the Cincinnati office of Arthur Andersen & Co. from 1980 to 1982. Subsequent to that, he was assistant financial manager of WISH-TV, Indianapolis. He then joined the Internal Audit Department at ABC, New York, and next served as a senior financial analyst with NBC in New York. He joined BIA/Kelsey in 1985.

Redpath has prepared hundreds of valuations of business enterprises, privately held equity interests, and purchase price allocations for financial and tax reporting purposes. He has been an expert witness in numerous litigations. He has authored articles for the BCFM Journal and other professional journals on intangible asset valuation. He has testified in state courts, U.S. District Court and U.S. Bankruptcy Court on valuation matters.

Redpath is a Certified Public Accountant licensed in the Commonwealth of Virginia. He is a member of the American Institute of Certified Public Accountants, from which he has earned the Accredited in Business Valuation (ABV) designation. He is also an Accredited Senior Appraiser (ASA) in Business Valuation with the American Society of Appraisers, a Chartered Financial Analyst (CFA), and he holds the Certificate in Investment Performance Measurement (CIPM) designation from the CFA Institute.

Redpath earned his B.A. in economics and political science from Indiana University and his M.B.A. from The University of Chicago..