Management

Douglas S. Roberts

Managing Principal

Douglas S. Roberts serves as Managing Principal for the Channel Capital Research Institute. He is a Contributor to AOL's Money & Finance section and is frequently called upon by the media as an expert on the Federal Reserve Bank.

Mr. Roberts was a Vice President and Portfolio Manager at Bernstein Investment Management and Research, a unit of Alliance Capital Management, L.P., from 1999-2001. In addition to his portfolio management responsibilities, he led his group's strategies focusing on quantitative investment analysis and sector allocation, as well as the evaluation of alternative asset investment vehicles.

From 1994-1998, Mr. Roberts was a Managing Director of the Roberts Mitani Group, a New York merchant bank specializing in the investment of capital from Japan and East Asia. From 1992-1994 he served as a founding member of the Board of Directors of Benson Eyecare Corporation, which had been listed on the American Stock Exchange prior to its sale.

From 1985-1992, Mr. Roberts was the Chief Operating Officer of the Flori Roberts/Dermablend Group, a family-owned pharmaceutical/cosmetic group of companies that were acquired for $22 million in cash and stock by IVAX Corporation (IVX-ASE) in 1992. Subsequent to the acquisition, he served as Chief Operating Officer of the Personal Care Products Group and Assistant to the Chairman-Special Projects from 1992-1994.

Mr. Roberts began his career as an Associate of the Morgan Stanley Group working in the Corporate Finance department in both the New York and London offices from 1983-1985. He earned a B.S. and an M.B.A. from the Wharton School at the University of Pennsylvania in 1983.

He serves on the international Board of Governors of Sigma Phi Epsilon fraternity and the Board of Trustees of the Ranney School and is a member of the Explorers Club for his participation in the discovery of the U-869, a World War II German submarine, off the coast of New Jersey as featured in the book, Shadow Divers. He holds a 2nd degree black belt in the Imperial system of Tae Kwon Do. He is married with two children.

Jeff Schwartz

Director of Marketing

Jeff@ChannelCapitalResearch.com

Jeff Schwartz, a founding partner at Media Management Group LLC in New York City, has more than 25 years experience in marketing, as well as product and brand development. He has worked on a wide range of major projects with some of the country's largest companies, including a national on-air promotional campaign with Viacom's Nickelodeon cable network, a media tour with MasterCard, and several ventures with AOL.

Ian Heller, Esq.

Director of Business Development

Ian@ChannelCapitalResearch.com

For nearly 20 years, Ian Heller has developed new business and created strategic partnerships for his clients with companies such as Discovery Networks, ABC Radio and Simon & Schuster. In addition to being a founding partner at Media Management Group LLC in New York City, Ian is also an attorney. He has advised and guided numerous companies in an of counsel capacity regarding their business dealings, and has years of experience in contract negotiation and business operations.

Joe Clancy

Chief Financial Officer

Joe Clancy, a Certified Public Accountant, is a Partner in Clancy & Young, an accounting firm he formed in 1993.

Joe has over twenty five years of experience in the accounting field and specializes in small business accounting, consulting and tax issues. He received his Bachelor of Science in Business Administration from Manhattan College.