|Partners||Principals||Executives in Residence|
Pierre Chao, Founding Partner, brings over three decades of management consulting, investment banking and policy expertise in the aerospace/defense industry. Throughout his career he has been a trusted advisor to senior corporate, government and financial decision makers on key strategic issues - from major investments to mergers and acquisitions to strategic and policy choices. As well as being a Managing Partner and co-founder of Renaissance Strategic Advisors, he is also a co-founder and Managing Partner of Enlightenment Capital, a member of the Board of Directors of KeyW Corporation (Nasdaq: KEYW), a member of the Board of Directors of Channel Technologies, and a Senior Associate at the Center for Strategic and International Studies (CSIS).
Prior to co-founding RSAdvisors in 2008, he was a Senior Fellow and Director of Defense-Industrial Initiatives at CSIS, a Washington D.C.-based, non-partisan defense and foreign policy think tank. Before joining CSIS in 2003, Pierre was a Managing Director and senior aerospace/defense analyst at Credit Suisse First Boston from 1999-2003, where he was responsible for following the U.S. and global aerospace/defense industry. He remained a CSFB independent senior adviser from 2003-2006. Prior to joining CSFB, Pierre was the senior aerospace/defense analyst at Morgan Stanley Dean Witter from 1995-1999. He served as the senior aerospace/defense industry analyst at Smith Barney during 1994 and as a director at JSA International, a Boston/Paris-based management-consulting firm that focused on the aerospace/defense industry (1986-88, 1990-93). Pierre was also a co-founder of JSA Research, an equity research boutique specializing in the aerospace/defense industry. Before signing on with JSA, he worked in the New York and London offices of Prudential-Bache Capital Funding as a mergers and acquisitions banker focusing on aerospace/defense (1988-90).
Over the course of his Wall Street career, Pierre participated in 31 aerospace/defense equity offerings/IPOs raising $11.7 billion and dozens of buy-side and sell-side M&A assignments. In addition, he garnered numerous awards while working on Wall Street. Institutional Investor ranked Pierre's team the number one global aerospace/defense group every year eligible from 2000-02 and he was on the Institutional Investor All-America Research Team every year eligible from 1996-2002. He was ranked the number one aerospace/defense analyst by corporations in the 1998-2000 Reuters Polls, the number one aerospace/defense analyst in the 1995-99 Greenwich Associates polls, and appeared on the Wall Street Journal All-Star list in four of seven eligible years.
In 2000, Pierre was appointed to the Presidential Commission on Offsets in International Trade. He is also a guest lecturer at the National Defense University and the Defense Acquisition University, and he has served on multiple Defense Science Board task forces, including the 2005 Summer Study – Assessment of Transformation, the 2006 Summer Study – Strategic Technology Vectors, and the 2006/07 study on the health of the defense industry.
Pierre earned dual Bachelor of Science degrees in Political Science and Management Science from M.I.T.
He is a holder of the right to use the Chartered Financial Analyst designation.
Jeffrey Roncka, Senior Partner, offers clients 19 years of diverse experience in the national security arena. Jeff's broad background in the defense industry spans both the public and private sectors, including positions in Federal Government, investment banking, consulting, litigation support services and serving on the board of directors of a publicly traded aerospace supplier.
Jeff is a recent addition to Renaissance Strategic Advisors, joining from Charles River Associates where he spent the last eight years leading the growth of their Washington-DC defense consulting team. Prior to that, he served as Senior Vice President at Global Technology Partners, LLC, a transaction advisory boutique founded by former Secretary of Defense William Perry and affiliated with the Rothschild family of investment banks. Jeff's Federal Government experience began with his appointment as a Presidential Management Fellow in 1995, after which he spent five years in the Office of the Under Secretary of Defense for Acquisition & Technology focusing on two issues: industrial policy and cruise and ballistic missile defense. Complementing his largely DoD government background are short-term positions at the Department of State and Central Intelligence Agency.
One of Jeff's core competencies is helping clients understand and react to their business environment. Specifically, his expertise lies in guiding executives through a phased process of assessing their served markets and relative competitive position, identifying repositioning imperatives and developing responsive strategies. Frequently, these engagements involve the formulation and execution of merger and acquisition driven corporate development plans.
During his career, Jeff has participated in over 100 aerospace and defense transaction processes, representing a diverse range of US and international strategic and financial clients. He has worked on deals ranging in size from less than $5 million in enterprise value to over $4 billion. Jeff and his team's role on these transactions has varied, and ranges from deal sourcing, buy-side business and market due-diligence support, valuation, customer surveys, synergy analysis, structuring to accommodate non-US acquirers of cleared US companies, and antitrust clearance support.
Jeff received a Bachelor's degree in History from Harvard University and completed a Master's program in National Security Policy from The George Washington University.
Joshua Hartman, Managing Partner, was formerly the Chief Executive Officer of Horizon Strategies Group (HSG), before HSG joined Renaissance. He currently sits on several corporate boards, is featured frequently in defense related publications, regularly invited to speak at national and international forums, and has testified in front of the U.S. Senate and the House of Representatives.
Previous to his current activities, he was a Principal at the Center for Strategic Space Studies (CS3) and a Senior Associate at the Center for Strategic and International Studies, nonprofit think tanks focused on educating government and industry policy makers on the implications of rapid technology change. He also appointed as the Staff Director for the National Commission on Research and Development Investment in the Intelligence Community.
While in government, Mr. Hartman, serving as the Senior Advisor to the Under Secretary of Defense for Acquisition, Technology and Logistics (USD(AT&L)) and Deputy Assistant Secretary of Defense for Space and Intelligence (DASD(SI)), was responsible for supporting the USD(AT&L) with a range of functional expertise related to Department of Defense (DOD) and intelligence community systems. Prior to his Pentagon time, he support the U.S. Congress as professional staff on the House Armed Services Committee developing policy on U.S. national security issues and later on the House Appropriations Committee shaping and guiding the DOD budget as well as national security policy and investment strategy.
In recognition of his service, Mr. Hartman has received numerous military awards, was selected by Space News as one of the top 10 individuals in 2006 “making a difference” in space around the world, and was awarded the Secretary of Defense Outstanding Public Service Award.
He began his career as an officer in the U.S. Air Force. Mr. Hartman holds a B.S. in Physics from the U.S. Air Force Academy, and an M.S. with honors in Strategic Intelligence, with a concentration in Middle East/Iranian affairs, from the National Intelligence University. He also completed work in the Graduate Program of Business Administration at California State University, Long Beach. He continues to serve as a member of the Air Force Reserves.
Matthew Mejía, Managing Partner, brings over fifteen years of aerospace & defense experience in management consulting, strategic due diligence, and investment banking. He is leading the Financial Sponsor and Due Diligence Services practice at Renaissance Strategic Advisors.
Prior to joining Renaissance Strategic Advisors in 2009, Matthew held leadership positions with the aerospace & defense practices at Booz & Company (formerly Booz Allen Hamilton) and Charles River Associates International. His responsibilities included business development, client relations, and project management, as well as extensive interaction with industry media including collaborative publications, interviews, and speaking engagements.
Matthew also spent eight years as an investment banker at First Equity Development, a boutique investment bank focused on aerospace & defense advisory and merchant banking activities. As Vice President, Matthew had direct responsibility for new business generation, transaction execution, and client development and relations. Specific transaction experience included numerous international and domestic advisory assignments including sell side, buy side, M&A strategy, due diligence, and capital raising as well as extensive support for several portfolio companies owned by First Equity's merchant bank.
At First Equity, Matthew also created and managed a business unit to advise presidential appointees at the United States Departments of Defense and Justice on industrial base issues. Specific assignments included reviews of the Transformation of the Defense Industrial Base, International Support of the Joint Strike Fighter, the Military Helicopter Industry, and extensive reviews and analyses of major mergers & acquisitions involving companies such as Lockheed Martin, Northrop Grumman, General Dynamics, and Honeywell.
Matthew is a graduate of the Jerome Fisher Management & Technology program at the University of Pennsylvania, earning a B.S., Economics from Wharton and a B.A.S., Systems Engineering from the School of Engineering & Applied Science. He is a past fellow at the NASA Glenn Research Center and was a student private pilot.
Michael Formosa, Managing Partner leads RSAdvisors’ EMEA consulting practice and is the managing director of Renaissance Strategic Advisors, Ltd., the London-based office of RSAdvisors.
With 25 years of experience in international business planning and expansion, Michael specialises in foreign direct investment, supply chain integration, and cross-border M&A. His main focus is on emerging markets. He has led over 250 consulting engagements on behalf of government departments and companies across the value chain, from component manufacturers to prime contractors.
Before joining RSAdvisors, Michael was Director of Jane's Strategic Advisory Services in London and was responsible for business relationships throughout Europe, the Middle East and Asia. At JSAS, he delivered strategic recommendations to senior- and board-level executives across a range of international aerospace and defence firms. Previously, Michael consulted for the British government and specialised in assisting British firms invest in foreign markets. From 1990, Michael worked in enterprises focusing on the international distribution of technologies and consumables for overseas production. Covering emerging markets in the Middle East and in Asia, he managed hundreds of distribution and licensing transactions throughout the supply chain.
Michael is a regular speaker at international defence conferences covering topics such as foreign direct investment, offsets, industrial collaboration, internationalisation of the value chain, geopolitics and security. He comments on defence and security issues for media outlets.
Michael received an MSc in international affairs from the New School for Social Research in New York specialising in economic development.
John Gaffney, Managing Principal, joined Renaissance Strategic Advisors in 2010. From 2002 - 2010, Mr. Gaffney was Vice President and Director of Mergers and Acquisitions for SAIC's $3.5 billion Defense Solutions Group and, prior to that, for SAIC's Engineering, Training and Logistics Group. He had responsibility for development of the Groups' long-range strategy, and for sourcing, validating and closing acquisitions that helped drive that strategy. From 1998-2000, Mr. Gaffney was a Vice President in SAIC's corporate venture capital arm. During his tenure at SAIC, he closed acquisitions totaling approximately $400M in revenues, including ProcureNet, Cornerstone Technologies, Varec, Icon Systems, and most recently Forterra Systems. He has also sourced and closed venture investments in telecommunications software and hardware firms on behalf of SAIC totaling approximately $70M.
Earlier in his career, Mr. Gaffney led successful capital raising and corporate development efforts for Ceon Corporation, a startup provider of telecommunications provisioning software. From 1996-1998, he was a commercial banker covering the defense, aerospace and telecommunications industries for J.P. Morgan and Co. From 1990 to 1996, Mr. Gaffney was Director of Research and Analysis for Hicks and Associates, a strategy and market research consulting firm with clients in the defense and aerospace industries.
Mr. Gaffney holds an M.A. in International Economics from the Johns Hopkins University School of Advanced International Studies and a B.A in International Relations and French from Tufts University. He spent a year as a Fulbright scholar at the Institute of European Studies at the Free University of Brussels, Belgium.
Teo Ozsan, Director, RSPartners brings over ten years of investment banking experience providing merger and acquisition, private placements and restructuring expertise to companies and financial sponsors. Over his career, Teo has advised a range of clients, including in the Aerospace and Defense sector, on more than $20 billion of transactions. His expertise encompasses advising clients on public and private company transactions, both on the buy- and sell- side, and advising on strategic alternatives and corporate carve-outs.
Prior to joining RSPartners, Teo was a Vice President at Lazard, in the Washington DC office of the Aerospace and Defense investment banking group. Prior to this, he held positions at Lazard in London in the mergers and acquisitions and private placement groups.
Teo holds a Master's degree in Engineering, Economics and Management from the University of Oxford where he graduated with First-Class Honors and a Master's of Business Administration degree from The Wharton School, University of Pennsylvania where he graduated as a Palmer Scholar.
Jacob Markish, Principal, has over twelve years of experience as a management consultant in the aerospace and defense industry. He leads engagements in strategy, market assessments, and mergers & acquisitions support for strategic and financial clients across a comprehensive range of market segments and technologies, including both the commercial aerospace and defense sectors.
Prior to joining RSAdvisors in 2011, Jacob worked in the Aerospace & Defense practice at Charles River Associates, a publicly-traded Boston-based consulting firm, where he specialized in technology, economics, and business strategy.
In the course of his work at Charles River and RSAdvisors, Jacob has been stationed in Boston, London, and Washington, DC. Functionally, his experience spans corporate planning, M&A strategy, due diligence, and market analysis. Technologically, his work has covered both commercial and defense applications of airborne platforms, spacecraft, electronics, and electromechanical systems. Among Jacob’s current areas of focus are growth strategy formulation for global and transatlantic corporate development, technology valuation and investment, and the interrelationship of innovation and corporate strategy.
Prior to consulting, Jacob worked in a commercial aircraft design team at Boeing Phantom Works, performing configuration and business case analysis on the Blended Wing Body concept. His work was part of a collaborative research project with MIT forming the basis for his Master of Science thesis, entitled "Valuation Techniques for Commercial Aircraft Program Design," which addressed the problem of concurrent engineering design and capital investment decision-making.
Jacob's other industry experience includes design trade studies on launch vehicles and launch trajectory algorithm development at Boeing Space & Communications; guidance and navigation system development at Lockheed Martin Astronautics; and industry research for the MIT Lean Aerospace Initiative.
Jacob holds Bachelor's and Master's Degrees in Aeronautics and Astronautics from the Massachusetts Institute of Technology (MIT).
Ryan Peoples, Principal, joined Renaissance Strategic Advisors in 2011 and supports clients' strategic development, merger and acquisition, and market assessment initiatives. His experience in the aerospace and defense industry has spanned business consulting and engineering roles.
Prior to joining Renaissance Strategic Advisors, Ryan was a management consultant in the aerospace and defense practice of Charles River Associates (CRA) from 2004 to 2010. At CRA, he led and executed numerous engagements focused on M&A strategy and transaction advisory services, corporate and market strategy development, and market, program, and technology assessments. Clients supported represent a broad cross-section of industry participants, including strategy and corporate development executives, business development and program management leads, and investors. His specific sectors of industry expertise encompass naval systems; land warfare systems; civil and military aircraft; intelligence, surveillance, and reconnaissance (ISR); and unmanned systems. Before focusing on business consulting, Ryan was a research associate at the Institute for Defense Analyses (IDA) from 2000 to 2004, where he supported technical studies performed for the Department of Defense. His work at IDA entailed conceptual design and analysis for a range of defense technologies and systems including ballistic missile defense, unmanned systems, and Future Combat Systems. He has also worked at Lockheed Martin's Skunk Works as a structural design engineer on advanced programs.
Ryan holds Bachelor's and Master's degrees in Aeronautics and Astronautics from the Massachusetts Institute of Technology (MIT).
David Black, Associate Principal, has been at Renaissance Strategic Advisors since 2011, and brings nine years of experience in the Aerospace and Defense sector. Following his time in Renaissance’s London office, where he worked with top tier A&D clients in the UK and Europe on strategic issues covering market investment and capture, regulatory practices, industry due diligence and M&A, David transferred to Renaissance’s Washington, DC office, where his current focus is on assisting US firms in the formulation of strategies to expand into international markets, including identification and targeting of potential acquisition and partnership targets.
David’s domain expertise covers air, land, and sea-based systems and platforms, with particular interest in the integration of C4 and ISTAR systems onto land and naval platforms. He has also spent time focusing on the military training and simulation markets, as well as the growth in military aircraft sustainment and overhaul globally. He regularly assists clients with understanding how best to structure market entry strategies, including the impact of regulatory environments and how to best navigate both direct and indirect offset program implementation, dual-use technology, and export control regimes such as ITAR and the Wassenaar Arrangement.
Prior to Renaissance, David was with Jane’s Strategic Advisory Services (JSAS) where he specialized in international defense and homeland security markets. While at JSAS he was responsible for leading engagements providing analysis and recommendations to defense industry clients from all tiers, covering market opportunities and capture strategies, investment and competitive due diligence scenarios and forecasting/sizing of opportunities and markets.
David previously worked with the Pearson Peacekeeping Training Centre in Canada and the Centre for International Governance Innovation, and holds a Master of Letters (MLitt) in Strategic Studies from the University of Aberdeen in the United Kingdom.
David Hiley, Associate Principal, is based in our London office. David combines a broad defence equipment knowledge with a technical and contextualised understanding of conflict and international relations in order to perform consultancy engagements for a broad constituency of clients, from global defence primes and niche defence equipment manufacturers to government departments, agencies and multi-national and supra-governmental organisations. David has a track record of providing consultancy services to defence products and services providers across Europe, Scandinavia, Japan, Australia, South Korea, India and other major international defence markets.
David’s work has covered most aspects of defence technology, from major platform procurement, to niche subsystem requirements and the provision of defence services. In addition, his work has spanned subjects including the development of future military capability, conflict and security scenario planning and developing processes of smart military procurement. Areas of expertise include: naval platform and systems procurement; international defence markets; missile systems and development; outsourcing of defence services; procurement tracking and programme analysis; and conflict modelling, scenarios and simulation and the implications and impact upon the defence market of US and other nation’s export control regimes.
David has undertaken and managed multiple consultancy projects dealing with satellite and space systems markets. These include a global analysis of the satcom terminal market for a multi-national provider of communications equipment and services, a competitive analysis of the military satcom on the move market including product development recommendations for a global defence prime. A study into the proliferation of space-based weaponry and ASAT technology in conjunction with a supra-national organisation and in-depth analysis of the current applications of communications satellites and the potential for substitution to occur.
In addition, David regularly undertakes consultancy engagements on the subject of the United Kingdom defence and commercial procurement practices and environment including analyses of innovative models regarding the provision of outsourced services. David also routinely engages with the UK defence and space industrial bases, both as clients and as the subject of study for international clients.
David specialises in the creation of innovative models, methodologies, and the visual representation of data. He regularly creates bespoke tools to assist clients in achieving their strategic goals via market sizing, opportunity identification, market prioritisation and competitor analysis across all areas of the defence industry. David’s tools remain in use by top-tier defence firms both in Europe and globally.
Prior to joining RSAdvisors, David spent five years as an Associate Consultant with Jane’s Strategic Advisory Services and held several other positions within Jane’s Information Group.
David completed a Master’s Degree in War Studies at King’s College London focusing upon operational analysis, the simulation of war and the conduct of contemporary warfare and holds a Bachelor’s degree in Politics from the University of Warwick.
Executives in Residence
Ken Krieg, Executive in Residence, was the Under Secretary of Defense for Acquisition, Technology and Logistics from 2005-2007. He was responsible for advising the Secretary and Deputy Secretary of Defense on all matters relating to the DoD Acquisition System, research and development, advanced technology, developmental test and evaluation, production, logistics, installation management, military construction, procurement and environmental security matters.
Before his appointment to USD (AT&L), Mr. Krieg served at the Department of Defense as Special Assistant to the Secretary and Director for Program Analysis & Evaluation. He joined the Department of Defense in July 2001 to serve as the Executive Secretary of the Senior Executive Council.
Prior to joining the Department of Defense, Mr. Krieg worked for International Paper, most recently as Vice President and General Manager of the Office and Consumer Papers Division. He had responsibility for the company's $1.4 billion retail, commercial office, and consumer papers businesses. During his 11 years with the Memphis, TN-based company, Mr. Krieg held marketing and sales positions and was actively involved in the merger of three major paper companies into International Paper. Before moving to industry, Mr. Krieg worked in a number of defense and foreign policy assignments in Washington, DC, including positions at the White House, on the National Security Council Staff, and in Office of the Secretary of Defense.
Mr. Krieg received his BA degree in history from Davidson College and his Masters in Public Policy from the Kennedy School of Government at Harvard University.
He is currently a member of the Board of Directors of Aurora Flight Sciences and Twisted Pair Solutions. He is a member of the Board of Trustees of LMI and is a member of the SSA Board of DRS Technologies.
Michael J. Bayer is the President and CEO of Dumbarton Strategies, Washington, D.C., which provides strategic advice within the energy and national security sectors.
Mr. Bayer also serves as a Director of Siga Technologies Inc., ATAC Inc., and DOSS Aviation Inc. In addition, he is a Member of the Defense Science Board, the Sandia Nuclear Weapons External Advisory Board, the Chief of Naval Operations Executive Panel and chairs the Business Executives for National Security Advisory Board.
Mr. Bayer’s s previous U.S. Government service included appointments as Chairman of the Defense Business Board, a Member of the Sandia National Laboratory’s National Security Advisory Panel, a Member of the Board of Visitors of the United States Military Academy, Chairman of the Army Science Board, a Member of the U.S. Naval War College Board of Visitors, Chairman of the Secretary of Air Force’s Advisory Group and Member of the U.S. European Command Senior Advisory Group. Earlier in his career he was Counsel to a senior Member of the U.S House of Representatives, Deputy Assistant Secretary at the U.S. Department of Energy, Malcolm Baldrige's Associate Deputy Secretary of Commerce, Counselor to the United States Synthetic Fuels Corporation, Counselor to President Bush's Commission on Aviation Security and Terrorism, and the Federal Inspector for the Alaska Natural Gas Transportation System.
He has previously served as a Member of the Board of Directors of EG&G, Inc. (until its sale to URS in 2002), Duratek, Inc. (until its sale to Energy Solutions in 2006) Athena, Inc. (until its sale to CACI in 2007), Stratos Global (until its sale to Inmarsat in 2009, Dyncorp International Inc. (until its sale to Cerberus in 2010) and Vangent Holding Corp. (until its sale to General Dynamics in 2011). He has been a Trustee of Washington's Source Theater and its Chairman of the Board, a Member of the Board of the Potomac Community Theater and a Member of the Board of Directors of The American Heart Association (Nation's Capitol Affiliate).
Michael Bayer’s education includes a Bachelor of Science in International Economics, Master of Business Administration and a Juris Doctor. He is a resident of Georgetown, D.C., U.S.A.
Ambassador (Ret.) Dell Dailey is the President of a family owned consulting company. This enterprise is the culmination of four decades of government service with a brief opportunity as President, Pacific Architect and Engineers.
Prior to his current efforts in the private sector, he served as the Coordinator for Counterterrorism for the Department of State charged with coordinating and supporting the development and implementation of U.S. Government policies and programs aimed at countering terrorism overseas. As the principal advisor to the Secretary of State (Rice and Clinton) on international counterterrorism matters, he was responsible for taking a leading role in developing coordinated strategies to defeat terrorists abroad and in securing the cooperation of international partners to that end.
Ambassador Dailey served over 36 years on active duty in the United States Army. He reached the rank of Lieutenant General as the Director of the Center for Special Operations (CSO), U.S. Special Operations Command, at MacDill Air Force Base, Florida. His duties involved participation in all recent major military operations. He is a Master Army Aviator with over 2400 hours flight time, and 400 night vision goggle hours. Additionally he is a Master Parachutist of 120 jumps, with airborne wings from Canada, Germany and Jordan. During the latter phase of his military career and particularly in the CSO, Ambassador Dailey's professional focus was not only on the military aspect of counterterrorism operations, but also on the need to deal with complex terrorist threats using all appropriate instruments of national power. Under his leadership, the CSO promoted interagency collaboration and built closer partnerships between military personnel and the members of other U.S. Government departments and agencies involved in global counterterrorism activities.
He received his Bachelor of Science degree with focus in Engineering from the United States Military Academy at West Point in 1971. Subsequently he earned a Master's degree in Public Administration from Shippensburg University in 1994. In 2008, Ambassador Dailey was recognized by his peers and the Association of Graduates as the youngest Distinguished Graduate from The United States Military Academy. In 2010 he was inducted into the US Army Aviation Hall of Fame.
General (Ret.) David M. Maddox is a Senior Advisor to Renaissance Strategic Advisors and an independent consultant to civilian corporations, government agencies, and the defense industry on concepts, systems requirements, program strategies, operations and systems effectiveness and analytic techniques and analyses.
He served on numerous Defense Science Board (DSB), Army Science Board (ASB) and National Academy of Sciences (NAS) task forces, including: Tactics and Technology for 21st Century Military Superiority and Joint Operations Superiority in the 21st Century: Integrating Capabilities Underwriting Joint Vision 2010, and Integrated Fire Support (DSB); Strategic Maneuver, Technical and Tactical Opportunities for Revolutionary Advances in Rapidly Deployable Joint Ground Forces in the 2015-2025 Era, Ensuring the Financial Viability of the Objective Force, and Intra-theater Logistic Distribution (ASB); and studies on C4ISR and Defense Modeling, Simulation, and Analysis (NAS).
General Maddox retired from the U.S. Army after serving as Commander in Chief, U.S. Army in Europe. While on active duty, he served extensively overseas with four tours in Germany during which he commanded at every level, from platoon through NATO's Central Army Group, 7th U.S. Army and Theater.
His last six years of active duty were in Europe transitioning from the Cold War, through Desert Storm, to the total reengineering of U.S. presence and mission in Europe. General Maddox downsized from over 200 thousand military and civilian employees to fewer than 100 thousand, closed 450 installations, and repositioned one million tons of equipment, significantly reducing payroll, operations, and infrastructure costs while, through demonstrated concern for employee quality of life, increased both productivity and morale. Concurrently, he transitioned an organization which had conducted 29 deployments involving 11 thousand people in 44 years, to one which successfully conducted over 50 deployments involving 20 thousand people in 3½ years responding to unanticipated, diverse political/military crises throughout Europe, the Middle East, and Africa.
Other assignments include: Commanding General of TRADOC's Combined Arms Operations Research Activity (the predecessor of TRADOC's Analysis Command (TRAC)) at Fort Leavenworth, Kansas; Deputy Chief of Staff for Combat Developments, TRADOC.
General Maddox holds a Bachelor of Science Degree in Mathematics from the Virginia Military Institute and a Master of Science Degree in Operations Research/Systems Analysis with an Engineering Specialty from Southern Illinois University. His military education culminated in graduation from the Army War College. He is the recipient of numerous awards, including: the Army's Commander's Award for Public Service, the Secretary of the Army's Public Service Award, the Military Operations Research Society's Wanner Award, the Institute for Operations Research Award and the Management Sciences' J. Steinhardt Award.
Dr. Donald M. Kerr is currently a Research Professor in George Mason University's Volgenau School of Engineering, serves as a member of the Board of Trustees for the MITRE Corporation, and is an advisor to several aerospace and defense firms. Previously, he was confirmed by the Senate on October 4th, 2007 as Principal Deputy Director of National Intelligence, and served in that position until January 20th, 2009. He was awarded the National Intelligence Distinguished Service Medal in March 2009.
From July 21st, 2005, Dr. Kerr served as the fifteenth Director of the National Reconnaissance Office. He previously served as Deputy Director for Science and Technology at the Central Intelligence Agency since August 2001, and he received the CIA Distinguished Intelligence Medal in September 2005.
From October 1997 until August 2001, Dr. Kerr was an Assistant Director of the Federal Bureau of Investigation in charge of the Laboratory Division. Dr. Kerr's prior government service was with the Department of Energy from August 1976 through July 1979, first in Las Vegas as Deputy Manager of Nevada Operations, and subsequently in Washington, D.C., as the Deputy Assistant Secretary and Acting Assistant Secretary for Defense Programs and later for Energy Technology.
Dr. Kerr held several key executive positions in private industry. From 1993 through 1996, he was Corporate Executive Vice President and Director at Science Applications International Corporation. Dr. Kerr was President and Director of EG&G, Inc., from 1989 through 1992. He served as a Director of Resources for the Future from 1990 through 1999 and on the Executive Committee of the National Association of Manufacturers Board from 1987 through 1992. Dr. Kerr was the fourth Director of the Los Alamos National Laboratory from 1979 to 1985. He was also employed at Los Alamos from 1966 until 1976, conducting and leading research in high altitude weapons effects, nuclear test detection and analysis, weapons diagnostics, ionospheric physics, and alternative energy programs.
Dr. Kerr received his Bachelor's degree in electrical engineering in 1963 and went on to earn an M.S. (1964) in microwave electronics and a Ph.D. (1966) in plasma physics and microwave electronics, all from Cornell University. He is a Fellow of the American Physical Society and the American Association for the Advancement of Science, and serves as a member of the Defense Science Board.
Julian Browne is a Senior Advisor with Renaissance Strategic Advisors. He also serves as the Operating Executive in Europe for Defense, Aerospace and Government industries for Carlyle based out of London.
Mr. Browne served in the British Army from 1968-1993. He was commissioned into the Royal Anglian Regiment and commanded his Regiment on operations in Northern Ireland. He also commanded 33 Armoured Brigade and was Chief of Staff of the 2nd Division prior to a career in the defence industry. He was appointed an MBE in 1980 for work in connection with US/UK special operations. Initially with Westland Helicopters Ltd, he led the successful APACHE campaign to win the UK MoD Attack Helicopter programme. Latterly he served for six years on the Boards of Racal Defence Electronics Ltd, Racal-Thompson Networks Ltd and Thales International.
In addition to his Carlyle responsibilities, Mr. Browne serves as Deputy Chairman of Exensor Technology Ltd and NP Aerospace Ltd, and a Non-Executive Director of Clarion Defence Ltd. He is also a Senior Advisor to the Boards of Exensor AB (Sweden), Vitec Group PLC, A4E Limited, DSM Ltd, All Sec Technologies (Chennai, India), EADS Test and Services Ltd, Hacking Team srl (Italy) and Ubisense Ltd.
Mr. Browne graduated from Trinity College, Dublin University in 1968 and attended the United Kingdom Higher Command and Staff College in 1989.
Martin Meth is a Senior Advisor to Renaissance Strategic Advisors. In his previous position, Mr. Meth led Thales SA's strategic business planning activities for its U.S. Operations. His activities involved facilitating strategic relationships with US companies, developing merger and acquisitions strategies, and improving Thales U.S. business units' positions in their market segments.
For over ten years, Mr. Meth held senior executive positions in the Office of the Under Secretary of Defense for Acquisition, Technology & Logistics, first as Director of Weapon System Improvement Group and then as Director of Industrial Capabilities and Assessments.
Mr. Meth's professional activities have included U.S. Department of Defense Representative to IEEE Standards Coordinating Committee for automatic test languages and member of the Board of Advisors for Annual Reliability and Maintainability Symposium. Mr. Meth is also the author of numerous papers on reliability and maintainability.
Mr. Meth received his Bachelor of Electrical Engineering degree from City College of New York and Juris Doctor Degree from George Washington University. He is a member District of Columbia Bar Association.
George "Chip" Pickett is a Senior Advisor to Renaissance Strategic Advisors and specializes in corporate strategy and planning, C4ISR, public policy, defense budgets, and industry and market analysis.
Currently, Mr. Pickett supports the Office of the Secretary of Defense in analyses of strategy formulation and innovation and is an instructor in business strategy in defense firms at the University of Maryland. He is writing a book on the application of competitive strategies by firms in the industry, and in 2008 he completed a study of the consolidation of the industry since the mid-1980s and its potential future directions.
In 2007, Mr. Pickett retired from Northrop Grumman as a Vice President, having held V.P. positions in marketing, strategy and long range planning. In his twenty-one years with the corporation he focused on issues of business strategy development and implementation. He led analyses of markets and acquisition targets for Northrop. He conducted geo-political, military, and defense budget analyses to defend programs and shape business development activities. He re-organized and led the marketing operations of a newly acquired electronics division. He led proposal evaluation teams. He established new practices for determining IRAD and B&P levels. Finally, he developed strategic options for expanding the corporation's portfolio, and established strategy development and long range planning processes that were considered "best practices" and borrowed by consulting firms for use in other industries.
During his career at Northrop Grumman Mr. Pickett also supported the Defense Department in areas involving strategy formulation. He led teams and participated in war games in the JCS and Army examining the future of warfare. He led studies of subjects such as the Revolution in Military Affairs, implementing major innovations in large organizations, and applying business strategy to defense planning. Within intelligence agencies he taught graduate level courses in defense budgeting and the funding of intelligence programs.
From 1980 to 1986, while at Booz Allen Hamilton and the MITRE Corporation, Mr. Pickett developed systems architectures for DoD intelligence and communication systems. At Booz Allen he also studied competitive strategies for use against the Soviet Union and conducted market and company analyses to assist the M&A activities of Fortune 500 companies.
In 1976, Mr. Pickett was selected to be the first staff member to conduct analyses of defense intelligence budgets in the newly formed Senate Select Committee on Intelligence. For four years he was solely responsible for evaluating all DoD tactical intelligence programs, the GDIP, the CCP and certain special budgets. He focused on sigint, airborne collection systems, ISR processing systems and intelligence manpower.
From 1964 to 1976, Mr. Pickett was an officer in the United States Army, first in the Infantry and then in Military Intelligence. He attended Ranger, Airborne and Heavy Mortar courses, and served in combat units in Korea and Ft Bragg. In Vietnam in 1968 he targeted enemy units north of Saigon for an infantry division, and in 1969 was the DIA/DoD lead analyst on enemy forces in South Vietnam. The Army sent him to Harvard Business School in 1970-1972, and he was subsequently assigned to the White House NSC to conduct assessments of intelligence support to the President. He completed his active duty as the first staff officer in the newly formed Office of Net Assessment, where he conducted comparative assessments of U.S. and Soviet military forces.
Mr. Pickett graduated from Yale University with a BA in Political Science in 1964 and from Harvard Business School with an MBA in 1972. At Harvard he focused on issues in business strategy and organizational structure and systems.
Graham Smart is a Senior Advisor with Renaissance Strategic Advisors. Graham retired in 2010 from Thales North America as a Senior Vice President, Strategy & Business Development.
Over the last 25 years Graham has worked internationally in the defense and aerospace market and has gained a strong understanding of and forged important relationships in the business, political, and government fields in the U.S.A., U.K. and France, as well as the wider international market. With a strong M&A background he has also sat as a Director on a variety of Boards, built teams to grow business in highly competitive markets and has operated across diverse cultural and multi-national environments.
He began his career with Pilkington PLC in the U.K, a large international glass manufacturer, as an Operational Research Analyst. He progressed in the company through roles in Organizational Development, Program Management and Marketing and then became Managing Director of the high-tech optics business at Pilkington; a business which was focused on the defense and aerospace market. Through a series of acquisitions the Pilkington Defense businesses grew significantly through the late 1980s and Graham moved to VP of Strategy, and Business Development, and Sales and Marketing of a business with a revenue approaching $1 billion.
In the early 1990s Thompson-CSF bought 50 percent of the Pilkington Defense Business and Graham had a strategic leadership role in a French/British Joint Venture which significantly grew its home and international business with a strong contribution from the USA. Later, in the mid-1990s, Graham moved to be Vice President in the Thomspon-CSF UK Corporate office to lead the strategic and business development. Graham moved in 2000 to the USA to a similar role as Senior VP in the USA Corporate Office of Thompson-CSF (later that year Thompson-CSF changed its name to Thales). There followed a decade of strong growth in the Thales businesses in the U.S.A. (defense, aerospace, security, space and rail transportation) to create the multi-billion dollar business that Thales now enjoys in the U.S.A.
Graham Smart graduated in the UK with an Honors Degree in Mathematics and a Master's Degree in Applied Mathematics.
Rees Ward is a Senior Advisor to Renaissance Strategic Advisors. He has spent some 46 years in the defence, aerospace and security sectors working both in government and industry and has operated at Chief Executive level for the last 10 years.
A 40 year career the Royal Navy included sea going operational assignments, 15 years in Whitehall and 25 years in acquisition. His Flag appointments included leadership of the Royal Navy’s equipment programme and the Defence strategic air and sea lift programmes. He subsequently served as the Chief Executive of the Defence Communication Services Agency for five years and briefly, Director General (DG) Information Systems and Services in Defence Equipment & Support. In these posts he was responsible for communications and information services delivery worldwide for a number of Government departments. In these roles, Rees was a Main Board member of the Defence Logistics Organisation, a £6bn per annum enterprise providing logistic support to UK’s Armed Forces.
On retirement, he took up the post of Director General of the Defence Manufacturers Association (DMA) and the Association of Police and Public Security Suppliers (APPSS), trade organisations representing defence and security companies. He later became Chief Executive Officer of ADS, the trade organisation formed from the merger of APPSS, DMA and the Society of British Aerospace Companies (SBAC). He subsequently assumed the role of ADS Group CEO which incorporated the trade organisation and the whole-owned subsidiary, Farnborough International Ltd. In all of these roles Rees has successfully delivered a number of transformational change programmes.
He read Electrical Engineering at Queens’ Cambridge, has Masters of Science degrees in Guided Weapon Systems and in Corporate Management, and is a graduate of the Higher Command and Staff Course and the Royal College of Defence Studies. He is a Fellow of the Institute of Engineering and Technology and a Companion of the Royal Aeronautical Society. In his change leadership role, he is a Visiting Professor of Cranfield University, a senior visiting Fellow of the Cass Business School and a member of the Advisory Board of the Bath School of Management.
Rees is married with four children. He represented GB at athletics. He was made a Companion of the Bath in the 2002 New Year’s Honours list. His current interests include mountain biking – at speed.
Michael Ruppert, Senior Advisors brings fifteen years of investment banking experience providing merger and acquisition expertise to companies and financial sponsors in the aerospace & defense markets. Over his career, Michael has advised on many of the marquee public company transactions in the defense industry including representing Finmeccanica in their $5.2 billion acquisition of DRS, Titan in their $2.7 billion sale to L-3 Communications, ESSI in their $2.0 billion sale to DRS Technologies, and United Defense in their $4.2 billion sale to BAE Systems. In addition to public company transactions, Michael has extensive experience representing financial sponsors on aerospace & defense transactions, as well as advising midsize companies on strategic alternatives.
Prior to joining Renaissance Strategic Advisors, Michael was a Managing Director at UBS Securities where he led the Defense & Government IT effort from 2011-2013. Michael began his career in the mergers & acquisitions group at Lehman Brothers where he focused on the aerospace, defense and government IT sectors. In 2009, Michael joined Lazard in its Washington, DC office to help build Lazard's defense and government IT practice. Michael holds a bachelor's degree in business from the University of Virginia's McIntire School of Commerce and a Masters of Business Administration degree from the University of Virginia's Darden School of Business.
Anthony M. Valletta is a Senior Advisor to Renaissance Strategic Advisors and has spent forty years in the C3/C4ISR/and IT Business areas. He is presently an Independent Consultant and sits on a number of Boards assisting companies in the DOD Business area.
Mr. Valletta was the Senior Vice President and Director of the Defense Sector at SRA International (1998-2007). Previously, he was the Director of the Command, Control, Communications, and Intelligence (C3I) Systems business unit where he was responsible for thought leadership and strategic direction for the Government Sector, with concentration on the Department of Defense.
Prior to joining SRA, Mr. Valletta was Acting Principal Deputy Assistant Secretary of Defense for Command, Control, Communications and Intelligence (1997-1998). In this capacity he served as the principal staff assistant and advisor to the Secretary of Defense for command, control, communications and intelligence, information management, counterintelligence, security countermeasures and information warfare matters, including warning reconnaissance and intelligence related activities conducted by the Department of Defense. Mr. Valletta was also the designated Acting Chief Information Officer (CIO) of the U.S. Department of Defense, and was responsible for ensuring the implementation of the Clinger-Cohen Act, formerly known as the Information Technology Management Reform Act.
Prior to his designation as the Acting ASD(C3I), Mr. Valletta served as Deputy Assistant Secretary of Defense for Command, Control, Communications and Intelligence Acquisition. In his position as Deputy Assistant Secretary of Defense he served as Chairman of the C3I Overarching Integrated Process Team (OIPT), one of the three OIPTs supporting the Defense Acquisition Board, and acting Chairman of the Major Automated Information Systems Review Committee (MAISRC).
Mr. Valletta served as the Vice Director of Information Systems for Command, Control, Communications and Computers and the senior civilian in the Army dealing with information technology (1992-1994).
Mr. Valletta is a graduate of the University of New Haven and Yale University ROTC.
LTG (Ret.) Joseph L. Yakovac is a Senior Advisor to Renaissance Strategic Advisors, having retired from the U.S. Army in 2007. His last assignment was Director of the Army Acquisition Corp and Military Deputy to the Assistant Secretary of the Army for Acquisition, Technology, and Logistics.
From 1997 to 2003, Lt. General Yakovac held several posts, working in systems acquisitions for the U.S. Army. He served as the Deputy for Systems Acquisition at the United States Tank-Automotive and Armaments Command from 1997 to 1998; Assistant Deputy and then as Deputy for Systems Management and Horizontal Technology Integration within ASA(ALT) from 1998 to 2000; and, Program Executive Officer of Ground Combat Systems in Warren, Michigan from 2000 to 2003.
Lt. General Yakovac was commissioned in the infantry upon graduating from the United States Military Academy at West Point in 1971. He also earned a Master of Science in Mechanical Engineering from the University of Colorado at Boulder. He is currently a senior lecturer in Acquisition Naval Post-Graduate School in Monterrey, California, and the head of independent consulting firm JVM LLC.
Mike Maiden is a Senior Advisor to Renaissance Strategic Advisors. He has spent over 40 years in the defence, aerospace and security sectors working both in government and a senior industry executive.
In over 30 years in the UK Ministry of Defence, Mike had assignments in international defence and security policy, public finance, equipment acquisition and support and defence exports. He worked in Germany, Australia and the UK and was closely involved with UK interests in Europe, the US and South America. His last government appointment was as Regional Director for the Middle East in the UK Defence Exports Services Organisation (DESO).
In 2003 Mike was appointed Sales & Marketing director for Alvis-Vickers, the UK’s major armoured vehicle design and manufacturing company, with responsibility for export business primarily in the Middle and Far East. In 2005 Mike moved to become Government Relations Director for BAE Systems plc with particular responsibility for policy and external engagement issues, including in the US with respect to the UK-US Defence Trade Cooperation Treaty. Mike also acted as Chairman of the Defence Forum of British American Business Inc in the UK.
On leaving BAE Systems in 2010, Mike Maiden established his own defence and security consultancy with a specialist focus on business strategy and development and on international partnerships. Mike is also Chairman of Northern Defence Industries Ltd (NDI), a nationwide membership-based company that provides business development services to small and medium sized companies in the defence, aerospace, space and security sectors both nationally and internationally.
Mike Maiden is a Trustee and Council Member of the Royal United Services Institute, the leading defence and security think tank, and is Chairman of the Institute’s trading company. He is also an Expert Defence Member of the UK Innovation Forum. As Chairman of NDI Mike is a member of the UK MOD’s Defence Supplier’s Forum. Mike is a graduate of the UK Joint Services Defence College.
Captain RN (Rtd.) Paul Collins is now a Senior Advisor for RSAdvisors having left the UK Armed Forces in 2012. For his last military appointment he was rapidly sent to Cairo, just weeks before the Arab Spring, to serve as the Defence Attaché during the Uprising and remained to act as external military advisor to the Egyptian Armed Forces Supreme Command, supporting them in their efforts to modernise their defence and security capabilities and provide a more regional perspective, post the revolution.
His experience in the area of military capabilities is both exceptionally broad and deep, and focused on international co-operation. Prior to his tour in the Middle East and drawing from a full career in maritime and aviation warfare, he directed the EU’s efforts to improve and develop Europe’s defence capabilities as part of its Common Foreign & Defence Policy. Firstly from within the EU’s own military staff but later, in 2004, he was selected by the EU’s Secretary General to be his personal political and military representative on a small, ministerial selected team to establish the European Defence Agency. A year later he was chosen as the first Chief of Capability Development within the Agency. Here he gained an internationally recognised reputation for introducing ground-breaking initiatives and innovative strategies which are now common practice in many Member States. He co-authored the European Long Term Vision and created the Capability Development Plan; both of which remain corner-stones of the EU’s and many partner-nation’s equipment acquisition plans.
He writes and speaks on both the Arab Spring, Egypt’s place in the Levant and Europe’s defence and security development initiatives, both here in the UK and abroad.