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John F. Spude, ASA

Mr. Spude serves as an Executive Managing Director and Principal of Marshall & Stevens. In his capacity as Executive Managing Director, he oversees the Midwest operations for the firm.



Active in the valuation profession since 1983, Mr. Spude has managed and performed thousands of valuation studies including the valuation of numerous closely-held companies and partnerships, the valuation and lifting of intellectual properties and intangible assets, the quantification of economic obsolescence in tangible asset valuations, and the analysis and valuation of reporting units, debt and equity securities, and tangible and intangible assets for financial reporting across multiple industries.



Additionally, Mr. Spude has been an instructor of the Uniform Standards of Professional Appraisal Practice (USPAP). Mr. Spude has provided expert witness testimony in valuations and economic damage assessments in the states of Colorado, Florida, Illinois, Minnesota, Tennessee, and Texas.



Mr. Spude earned an M.B.A. in accounting from DePaul University, and a B.A. in Mathematics and Business Administration from St. Norbert College. He is an Accredited Senior Appraiser (ASA) of the American Society of Appraisers and a member of the Business Valuation Association.

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