Professionals

J. Armand Musey, CFA
Areas of Expertise
  • Economic Damages Analysis
  • Litigation Support & Investigation
  • Business Valuation
  • Intangible Asset Valuation
Industry Focus
  • Telecom
  • Media and Entertainment
  • Satellites
Certifications
Education
  • B.A., with honors, University of Chicago
  • M.A., Columbia University
  • M.B.A., Kellogg School of Management at Northwestern University
  • J.D., cum laude, Northwestern University
J. Armand Musey, CFA
amusey@SummitRidgeGroup.com +1.646.843.9850
  • Armand Musey founded Summit Ridge Group and has over 15 years of equity research, investment banking and consulting experience. Armand has completed dozens of financial valuation, strategic analysis, business development, corporate governance and business plan creation assignments in the communications industry and has experience working on numerous financing and M&A transactions. His involvement with a wide breadth of companies has allowed him to develop a deep understanding of a range of media and telecom issues and the complex web of relationships underlying the sector’s competitive dynamics and associated regulatory issues. His legal background allows him understand the heavily regulated telecom sector. During litigation support assignments, Armand’s legal background also allows him to quickly digest legal documents and identify industry issues likely to be most relevant to the legal team he supports.
  • Prior to founding Summit Ridge Group, Armand led the satellite industry research teams for Banc of America Securities, and later Solomon Smith Barney where he also covered the wireless tower industry. He earned numerous honors as a research analyst including being named to the Institutional Investor “All American” team three times (2000-2002) and the Wall Street Journal “All Star” team. He was ranked the top satellite industry analyst by Greenwich Associates. He was previously president of a boutique investment bank specializing in the satellite, media and telecom industries.
  • Armand regularly speaks at major industry conferences and has been frequently quoted in leading trade publications and by national publications as an expert in communications finance and corporate governance. He authored the highly regarded publication The Spectrum Handbook 2013 and his recent industry research has been published in leading law journals. Armand is a member of the Federal Communications Bar Association (FCBA) and is a co-chair of its New York chapter (2016-2018). He is also member of the New York Society of Securities Analysts where he chaired the Corporate Governance Committee from 2007-2009 (vice-chair 2005-2007), the CFA Institute and the American Society of Appraisers (ASA) where he serves as the treasurer of its New York Chapter (2017-2018), and the American Bankruptcy Institute.
  • Armand’s interests include classical music, post-modern philosophy, and mountain climbing. He served on the board of the Riverside Symphony (2008-2010) and as treasurer of the board of the Foucault Society (2005-2009). In 2008, Armand completed a longtime goal of climbing the highest peak on each of the seven continents (the “Seven Summits”), with a successful ascent of Mt. Everest.

John A. Tardio, ASA
Areas of Expertise
  • Economic Damages Analysis
  • Litigation Support & Investigation
Industry Focus
  • Telecom
  • Median and Entertainment
  • Satellites
Certifications
  • Accredited Senior Appraiser (ASA)
Education
  • B.S., Binghamton University (SUNY)
  • M.B.A., Simon Business School at University of Rochester
John A. Tardio, ASA
jtardio@SummitRidgeGroup.com +1.646.274.1391
  • John Tardio joined Summit Ridge Group in August 2017 with over 15 years of valuation experience. John has completed dozens of financial valuation, strategic analysis, business development, corporate governance and business plan creation assignments.
  • Prior to joining Summit Ridge Group, John worked for a number of highly regarded valuation and advisory services firms, including Meyers, Harrison & Pia, LLC; WeiserMazars LLP; Empire Valuation Consultants LLC; Ernst & Young LLP; and Deloitte & Touche LLP.
  • John has presented to industry and business professionals and authored multiple articles related to current valuation issues. He is a member of the American Society of Appraisers.

Fan Jia
Areas of Expertise
  • Accounting
  • Financial Analysis
  • Valuation
Industry Focus
  • Satellite
  • Media
  • Telecom
Education
  • Master of Science in Accounting, St. John’s University, New York
  • Bachelor of Management in Financial Management, Qingdao Technological University
Fan Jia
Fjia@SummitRidgeGroup.com +1.646.274.1348
  • Fan Jia joined Summit Ridge Group as an associate in September 2017. She is focusing on clients’ accounting issues such as financial reports, reconciliations, accounts receivables and accounts payables.
  • Fan has gained extensive accounting and tax experiences through staff accountant roles for CPA firms in Greater New York City area and CA Technologies Inc. in Beijing. After obtaining her master degree from St. John’s University in New York, she joined accounting firms where she received experiences in payroll processing, payroll tax and sales tax.
  • Fan holds a master degree in Accounting and a bachelor degree in Financial Management. She is currently pursuing her CPA license.
  • Away from the office, Fan enjoys traveling, cooking and skydiving.

 

PUBLICATION

  • Research on Problems of the Lack of Enterprise Liquidity. The Science Education Article Collects, ISSN1672-7894

Ron Clifton
Areas of Expertise
  • Strategy
  • Technology
Industry Focus
  • Satellite
  • Wireless
  • Media
Education
  • University of Waterloo, Bachelors and Masters Degrees in Applied Science in Electrical Engineering and a minor in Management Science.
Ron Clifton
rclifton@SummitRidgeGroup.com +1.613.852.8833
  • Ron Clifton founded and is President of CliftonGroup International Limited, a management consulting company specializing in providing a broad range of C-level services to the international satellite, wireless, telecomm and media/entertainment industries – example recent projects include cloud computing, file-based workflow, OTT delivery of content (streaming and VOD) and mergers and acquisitions.Ron is a high energy hands-on CEO experienced at growing a number of privately owned and publicly traded high-tech companies spanning a variety of industries and markets. He combines his training as an electrical/systems engineer with a strong grasp of emerging technologies as well as expertise in sales, marketing, new business development and operations.
  • In addition to years as a CEO with extensive experience in operations and M&A transactions, he has served on a number of governance and strategic advisory Boards. His wide-ranging international experience includes running companies with multi-national, export-oriented operations. Prior to founding CliftonGroup, Ron served as President and CEO of International Datacasting Corporation (IDC), a publicly traded company. He restructured the company to make it profitable and took it from a saturated satellite broadcast radio market into the newly emerging market for broadband multimedia distribution. Using the company’s core satellite datacasting technologies and strategic partnerships, he launched a number of new products and applications and added systems integration and services businesses, growing the company while expanding into new markets including broadcast television (HD and VOD), digital radio, IPTV, digital cinema (live 3D as well as file-based delivery), financial networks, digital signage, distance learning and more. This period of growth included a number of successful acquisitions.
  • Before joining IDC, Ron was recruited by Daimler Benz Aerospace to be the President and CEO of their subsidiary Senstar Corporation, a struggling player in advanced security and surveillance sensors/systems for the government/military, VIP residential, airports and corrections markets. He executed a turnaround of the company and grew it successfully, including running operations in Germany, the UK, the US and Mexico. The company was recognized as a world-class industry leader, was successfully sold to Magal Corporation and merged with their global operations. Previously, Ron served as General Manager of Zenon Environmental Systems, a company specializing in custom designed water treatment and recycling systems using advanced membrane separation and bioreactor technologies serving the military, pharmaceutical, automotive and municipal markets. He grew the company profitably, was part of the team that brought Exxon into the company as a strategic minority investor and assisted with the acquisition and integration of several companies across North America and Europe. After working with the senior management team on a successful IPO, Ron took on the role of Corporate VP responsible for new business development, Marketing and Communications.
  • Ron began his career as a design engineer in the defense and aerospace sector with Computing Devices Company (CDC), now General Dynamics. He worked on hardware, software and systems design projects that were signal processing, display and RF intensive—including the world’s first Landsat satellite digital earth station and an early GPS navigation product. From design engineer he progressed to project management and inside sales support, served as a software department manager and ultimately as Director and Business Unit leader with P&L responsibility for the company’s Surveillance Systems Division. He successfully won a number of major projects for the company, won a patent infringement case critical to the business and eventually sold the Division to a venture capital backed competitor.
  • Ron graduated at the top of his class from the University of Waterloo with Bachelors and Masters Degrees in Applied Science in Electrical Engineering and a minor in Management Science. He holds two patents for advanced VHF surveillance sensors and has received numerous industry awards. He is a frequent speaker at industry events around the world.