HYPERAMS, a full-service asset monetization, valuation and advisory firm announced the following leadership changes.
On Jan. 1, HYPERAMS formed the new entity Hyper Valuation Services (HVS). All appraisal services will be conducted by this entity moving forward. The entity is owned by HYPERAMS and by current HYPERAMS Senior Managing Director of Appraisal Services Jonathan Deptula. Deptula, an almost 20-year veteran of the appraisal industry, has worked tirelessly growing this appraisal practice from its inception 10 years ago and has earned this equity opportunity. HYPERAMS announced that he will serve as the President of the HVS entity and its day-to-day decision maker, and is confident that under his management, the appraisal business will continue to grow and provide the high-quality appraisals that our clients have come to expect.
In addition to the formation of HVS, the company announced Chief Operating Officer Bob Pabst has purchased a controlling equity interest in, and become President of, HYPERAMS. His years of experience in the industry, including six years in finance and operations with the company, will serve him well as he leads HYPERAMS into the future. Pabst will have overall control of business strategy, investments, operations, and finance. He will work closely with Deptula to ensure the continued growth of the HVS entity and will continue to build the growing infrastructure within the asset monetization business lines.
Concurrent with the above, HYPERAMS founder and current President Tom Pabst will transition to his new role as Chairman of HYPERAMS. A dedicated leader and highly regarded industry veteran, he will continue to provide guidance to Bob Pabst and Deptula on significant operational and investment decisions and support the organization by continuing to generate liquidation opportunities and represent the firm at select industry events. Tom Pabst’s continued support of HYPERAMS is solidified through a continuing minority interest in the firm.
These changes position the company for continued growth and ensure a long future for the business and its team members. “I could not be prouder of the business and team we have built at HYPERAMS over the last thirteen years,” said HYPERAMS Chairman Tom Pabst. “The dedication and hard work by so many have made us the company we are today. This transition in leadership has been in the works for many years and is important for the company's continued success. We now have two incredibly talented individuals in place to run the business well into the future, and I congratulate them both on their new roles and on their becoming equity holders. I look forward to helping them as they continue to develop as leaders.”