Managing Partner – Onyx Asset Advisors, LLC

Mr. Otus is responsible for the overall operations of the firm. His responsibilities include negotiating, structuring and implementing investments and strategies to monetize underperforming and excess assets across a broad spectrum of industries. He has over 26 years of expertise in the advisory, monetization and valuation industry.

    History

    Gordon Brothers Group

    Senior Managing Director (Jan. 2013 – Mar. 2016)
    Responsible for originating and evaluating opportunities for Gordon Brother’s Commercial & Industrial, Retail, Real Estate and Valuation practice groups. Worked directly with clients in developing and implementing strategies to monetize underperforming and excess assets across a broad spectrum of industries.

    Emerald Technology Valuations, LLC

    Founder and President (Aug. 1997 – Dec. 2012)
    Responsible for the day-to-day management of one of the industry’s most respected technology valuation and disposition firms. Oversaw and reviewed all projects as well as being responsible for all sales and marketing campaigns. Additional duties included project coordination, contract negotiations and strategic alliance formation.

    Dovetech, Inc.

    President (Aug. 1990 – Jul. 1997)
    Served as President of Dovetech, Inc. (currently known as GoIndustry-DoveBid Valuations Services) overseeing the day-to-day management of the company. Previous positions held at Dovetech, Inc. included Director of Valuation Services and Senior Appraiser.

    Affiliations & Certifications

    Senior Member Designation—American Society of Appraisers
    Appraisal Foundation—Uniform Standards of Professional Appraisal Practice (USPAP)
    Turnaround Management Association San Francisco Chapter – Executive Board Member

    Education

    University of San Francisco—Bachelors of Science, Finance
    Formal Presentations
    1995 Commercial Finance Association—New England Chapter “Inventory Valuations—Market Trends”
    1996 Commercial Finance Association—National Convention “Minimizing High Tech Collateral Risk”
    1997 American Society of Appraisers—International Conference “Effects of Auctions on the MTS Marketplace”
    1998 Commercial Finance Conference of California “Advanced Principles—Asset Based Lending”
    2001 Association of Insolvency & Restructuring Advisors “Use of the Internet”
    2002 Commercial Finance Conference of California “Issues in High Tech Lending”
    2002 American Society of Appraisers—International Conference “Appraising Printed Circuit Board Manufacturing Equipment”
    2004 Commercial Finance Conference of California – Orange County Chapter “What Is Hot and What Is Not”
    2006 Commercial Finance Conference of California “Do You Really Know What Your Collateral is Worth?”
    2011 Commercial Finance Association & Turnaround Management Association – San Francisco Chapters “Valuation, Financing, Restructuring & Liquidation in the Current Volatile Economy?”
    2015 American Society of Appraisers—International Conference “Semiconductor Equipment Liquidation: A Case Study”