Education
George Mason University.
George Mason University.
He is also an active donor, with primary support efforts going to George Mason University and Make a Wish Foundation. During 25 plus years of financial and operational experience, Seippel has successfully negotiated more than 20 acquisitions during his career. One of these transactions included the launching of the first Euro denominated bond for the first European fiber loop, Hermes Europe Railtel.
Seippel also listed three companies on the National Association of Securities Dealers Automated Quotation. Two of them involved initial public offerings.
Worthpoint is Seippel"s first startup, and it appears to be on its way to becoming the Bloomberg of the world"s antiques and collectibles industry.
WorthPoint was ranked number 505 on the Incorporated. list of companies in 2013, #36 in consumer product goods and #17 for growth in Metro Atlanta. Prior to founding WorthPoint, Seippel served as chief financial officer of MIVA. Vice president and chief financial officer for AirGate Proceedings of the Chemical Society.
Chief financial officer and chief operating officer for Digital Commerce Corporation. Chief financial officer for Global Telesystems Groups.
And chief financial officer for Landmark Graphics Corporation.
In addition, he has served as a consultant to various boards of directors on mergers and acquisitions, as well as on strategic business and financial planning. Seippel also is known for the 2004 Internal Revenue Service tax shelter controversy and subsequent case Seippel v. Jenkens & Gilchrist against the Sidley Austin Brown & Wood law firm.
In this action, Seippel was successful in demonstrating that the defendants misrepresented the nature of the tax product they sold to him (the Cobra tax strategy in 1999).
Subsequently, Seippel prepared to file suit against the Internal Revenue Service for attempting to wrongfully impose excessive interest and penalties against him, but the Internal Revenue Service withdrew its action and the suit was never filed. Seippel has a master’s degree in business administration from American University.
He received a bachelor’s degree in science from George Mason University, where he currently serves as chairman of the advisory board for the School of Management.
In addition, he has played a leading role in structuring complex transactions that raised $5 billion in capital, two of which received the prestigious Institutional Investor Deal of the Year award. Seippel currently serves as founder, chief executive officer and chairman of WorthPoint Corporation, the leading global resource for valuation and associated services for art, antiques, and collectibles. He received the Business School"s Alumni of the Year award in 2009.