LEADERSHIP

Suzanne Clark, Chief Executive Officer

Suzanne Clark is the Chief Executive Officer of Potomac Research Group. Clark established PRG in 2008 as part of David Bradley’s Atlantic Media Company, served as its only President while heading the National Journal, and acquired the company in early 2010. Previously, Clark served as President of the National Journal Group, Washington’s premier provider of information, news and analysis for the political and policy communities, publishing National Journal, CongressDaily, The Hotline, Global Security Newswire and The Almanac of American Politics. Before joining NJG, Clark was Chief Operating Officer and Executive Vice President of the US Chamber of Commerce, overseeing its day-to-day operations, and directing its Management Committee and its Communications and Federation Relations departments. Clark spent nine years at the Chamber, during which she also served as Managing Director of its public policy think tank, the National Chamber Foundation, and as President of the Business Civic Leadership Center, a governance and educational resource to the business community. Recently described by Washingtonian magazine as one of the “100 Most Powerful Women in Washington,” Clark brings her energies to a number of civic activities, sitting on the boards of So Others Might Eat (SOME) and the Washington charter school, KIPP DC, and serving as the President of the Washington, DC Women’s Forum. Clark earned her BA, magna cum laude, in liberal studies, and her MBA from Georgetown University. She lives in Virginia, with her husband and their five-year-old daughter.

Justin Waller, Vice President, Strategy and Finance

Justin Waller serves as Vice President of Strategy and Finance for the Potomac Research Group, overseeing the firm’s financial management, growth initiatives, and strategic partnerships. He additionally serves as Chief Compliance Officer.

Waller comes to PRG from the U.S. Chamber of Commerce where he managed a wide portfolio as Executive Director to the Chief Operating Officer. Prior to joining the U.S. Chamber, Waller held several senior-level positions in the digital and print media industry, including Chief of Staff to the Chairman at the Atlantic Media Company, the publisher of The Atlantic. In this capacity, he oversaw the financial, strategy, and information technology divisions of the company.

Previously, Waller was Managing Director of operations at the National Journal Group, Washington’s premier provider of information, news and analysis for the political and policy communities.  He was responsible for the day-to-day operations of the business line, including financial management and digital and print publishing operations.   In addition, Waller managed a relaunch of NJG’s digital media platform across five newsrooms.  He led the company’s on-site operations at the Democratic and Republican National Conventions in 2008.

Waller holds an undergraduate degree with honors from Duke University in Durham, North Carolina, and a Masters of Business Administration from Georgetown University in Washington, D.C.

ANALYSTS

David Blaszczak – Senior Analyst, Health Policy

David is widely recognized as one of the leading experts in medical technology and pharmaceutical policy issues. Prior to joining Potomac Research Group, Mr. Blaszczak was a senior health policy analyst at the Washington Research Group, where he garnered recognition from Institutional Investor magazine and was known by investors as a top specialist in reimbursement policy. Mr. Blaszczak also worked at the Centers for Medicare and Medicaid Services. He worked on numerous policy initiatives, including the implementation of the Medicare Modernization Act, working with key officials in HHS, the administration, and congressional staff. In addition, Mr. Blaszczak has prior experience with state government and the health insurance industry. He earned a bachelor’s degree in Health Administration and a master’s in Public Policy from the University of Maryland, Baltimore.

Lieutenant General Emerson “Emo” Gardner, USMC (ret.) – Senior Defense Advisor

General Gardner specializes in defense and aerospace markets. He completed 37 years of distinguished service as a Marine officer in 2010, most recently in the Office of Secretary of Defense as Principal Deputy Director for Cost Assessment and Program Evaluation. In this role he led independent evaluations of all major defense programs and was responsible for the development of DoD’s $3 Trillion, six year Future Year Defense Plan. From 2005 to 2007, General Gardner was the Deputy Commandant of the Marine Corps for Programs and Resources where he was directly responsible for the integration and execution of all aspects of the Corps’ $33 Billion annual budget. His operational career highlights included tours as a Presidential Command Pilot in HMX-1, tours in Europe and Japan, and command at the squadron and Marine Expeditionary Unit levels in combat and expeditionary operations. As a flag officer, he managed military operations in Afghanistan and the Pacific theater. General Gardner is a cum laude graduate of Duke University. As a George Olmsted Scholar he did two years of graduate work in Göttingen, Germany. He is a graduate of the Norwegian Defense College and the National Security Seminar at the Maxwell School of International Relations.

Paul Glenchur – Senior Analyst, Telecommunications-Cable

Paul Glenchur is ranked among leading telecommunications policy specialists, combining his legal background with industry experience. Prior to joining Potomac Research, Mr. Glenchur was the senior telecom and cable analyst with Schwab Washington Research and later the senior telecom policy analyst with the Stanford Group. Mr. Glenchur also has an extensive legal background – he served as an attorney on the FCC’s cable and common carrier bureau, as an associate with the Washington law firm of Miller and Chevalier, and as Counsel to the Assistant Secretary of Energy for Congressional Affairs. Before moving to Washington, he was a judicial law clerk to Judge Thomas Tang of the U.S. Court of Appeals for the Ninth Circuit. Mr. Glenchur is a graduate of the University of California at Berkeley and earned his J.D. at the University of California Hastings College of the Law, where he was an editor of the law review. Mr. Glenchur is a member of the Federal Communications Bar and has testified before House and Senate committees on telecommunications issues. He is also a member of the Supreme Court and Ninth Circuit bars.

Terry Haines - Senior Analyst, Financial Services; Counselor to the CEO

Terry Haines is Potomac Research Group’s Senior Analyst for financial services.  Terry served in high level positions in Congress and presidential administrations, and is a nationally recognized expert on financial services law, regulation, and public policy.  As Chief Counsel and Staff Director of the US House Committee on Financial Services, Terry spearheaded the enactment of the USA PATRIOT Act and Sarbanes-Oxley, and was chief investigator into Enron/Andersen, WorldCom, and Wall Street IPO practices.  Terry also was a partner in two top 100 American law firms and two government relations consultancies in which he represented many of the world’s leading financial services companies.  Terry also is an internationally active speaker and writer on financial services issues.

Paul Heldman – Senior Analyst, Health Policy

Drawing on more than 20 years of experience and networking in the health policy industry, Paul Heldman specializes in translating legislative developments and policy changes – specifically for government health insurance programs, the Food and Drug Administration, pharmaceuticals, medical devices, US health spending, healthcare legislation and national elections – for the investment community. Prior to joining Potomac Research, Mr. Heldman spent a combined eight years at Citigroup Investment Research and Schwab Soundview Washington Research Group, where he developed a committed following of investors who participated in his weekly research calls, yearly health care policy conferences, and other investor/policy maker events. He was ranked #1 among Washington health policy analysts in Institutional Investor’s annual best-of-the-sell-side poll in 2007 and 2008. Mr. Heldman honed his information-gathering skills early in his career as a White House reporter for Bloomberg Business News, covering the impact of policy decisions on publicly traded health-related companies. He holds a BA from Clark University.

Don Kohn – Senior Economic Strategist

Don is an expert on monetary policy, financial regulation and macroeconomics and serves as the Senior Economic Strategist for PRG. He brings 40 years of experience working for the Federal Reserve, where he was a key adviser to the last three Federal Reserve chairmen and served as a member and then Vice Chairman of the Board of Governors from 2002 to 2010.  Don has written and published extensively on monetary policy and its implementation and on a variety of other subjects related to central banking.  He chaired an important international committee of central bankers through the period of the recent financial crisis.  He received a B.A. in economics from the College of Wooster and a Ph.D. in economics from the University of Michigan.

Gregory R. Valliere – Chief Political Strategist

With over 30 years of experience in covering Washington for institutional investors, Greg Valliere coordinates political and economic research. He focuses on how Congress and the White House shape fiscal policies and monitors the Federal Reserve Board’s interest rate policies. Prior to joining Potomac Research, Mr. Valliere served as Chief Policy Strategist for Soleil Securities Corporation. He previously held key strategy roles at Charles Schwab’s Washington Research Group and The Washington Forum. Mr. Valliere co-founded The Washington Forum in 1974, serving as Chief Political Analyst and editor of the group’s publications, and ultimately as Research Director. He began his career in 1972 at “F-D-C” reports, a trade publication monitoring the pharmaceutical industry. Mr. Valliere earned his bachelors degree in Journalism from The George Washington University. He is an exclusive commentator for CNBC, appearing regularly on network programs such as “Squawk Box,” “Power Lunch,” “The Closing Bell,” and “Kudlow & Company.”

SALES

Richard Coyle - Managing Director, Institutional Sales

Rich has more than 20 years experience as an institutional sales professional, focusing over the past 10 years exclusively on Washington policy research. Prior to joining Potomac Research Group, he was a Senior Vice President at Stanford Washington Research Group and a Managing Director at Schwab Washington Research Group. Rich spent the early part of his career in fixed income sales at JP Morgan Securities.

Ulf Marxen - Managing Director, Institutional Sales

Ulf brings more than 15 years experience as an institutional sales professional to his work at Potomac Research Group. He previously worked as Senior Vice President at MF Global, Stanford Washington Research Group, Neuberger Berman, and ING Barings.  Ulf received an MBA from the Stern School of Business at New York University and graduated with a BA in Economics from Lafayette College.

Daniel Pastore - Managing Director, Institutional Sales

Dan has more than a dozen years experience in institutional investing including nine as an institutional sales professional. Prior to joining Potomac Research he was a Senior Vice President at Stanford Washington Research Group, specializing in institutional research sales. Earlier he was a Senior Vice President at Schwab Washington Research Group and a Director at ABN AMRO Inc. Dan graduated from Boston College and received his MBA from the University of Notre Dame.

Karl Spurzem, CFA - Managing Director, Institutional Sales

Karl has more than 15 years experience as an institutional research sales professional with primary focus on Washington policy research for the past 11 years. Prior to joining Potomac Research Group he was a Senior Vice President at Stanford Washington Research Group. He previously worked at Schwab Washington Research, UBS Asset Management and Morgan Stanley. Karl graduated from UC Berkeley and received his MBA in Finance and Marketing from the JL Kellogg Graduate School of Management – Northwestern University.