The three partners of STM Advisers have 80 years of experience as executives, investment bankers, and consultants in our served markets.
Michael Clarke is a veteran of the professional and scholarly publishing industry. Most recently he was EVP of Product and Market Development at Silverchair Information Systems. Earlier, at the American Medical Association (AMA), he was director of marketing and product development and director of international business; at the American Academy of Pediatrics (AAP) he was senior managing editor of scholarly journals and executive editor of the journal Pediatrics. Prior to his tenure at the AAP, Michael worked at the University of Chicago Press, developing some of the industry’s first online publications.
Michael holds a master’s from the University of Chicago and a bachelor’s from the University of Colorado, where he was Phi Beta Kappa Society. He serves on the board of the Council of Science Editors and has previously served on the board of the Society of Scholarly Publishing and on American Heart Association’s (AHA) Scientific Publications Committee, which oversees the AHA’s journal publishing program. Michael is a concurrently a principal at Clarke & Company, the locus of his non-transactional consulting activity.
Joe Esposito is a management consultant specializing in strategy in the areas of digital media, publishing, and education technology. His clients include for-profit and not-for-profit organizations such as: the American Chemical Society; the American National Standards Institute; the American Institute of Physics; the Association for the Sciences of Limnology and Oceanography (ASLO); JSTOR; the university presses of California, Chicago, Harvard, Michigan, and Duke; Encyclopaedia Britannica; Hewlett Packard; Microsoft; Atypon Systems; Pacific Metrics; and many others.
Joe served as CEO of three companies - Encyclopaedia Britannica, Tribal Voice, and SRI Consulting - all of which he led to successful exits. He has been the recipient of grants from the Mellon, MacArthur, and Hewlett Foundations, all concerning research into new aspects of publishing. Joe graduated summa cum laude from Rutgers University.
David Lamb has spent his career advising companies in publishing and digital media. As president of GSL Publishing Associates for fifteen years he handled the sale of consumer publishers including Motorbooks, Avalon, Publishers Group West, Timber Press, and Sterling Publishing. His buy-side clientele has included Chronicle Books, Workman Publishing, Egmont, ProQuest, and HarperCollins.
David previously was a Managing Director at Veronis Suhler Stevenson where he had transaction responsibility covering all communications industry sectors and had a role in $8 billion of completed transactions. At VSS his clients included Reed Elsevier, Southam, R.L. Polk, Cambridge Scientific, and News Corp.
David began his career as Director of New Media at IDG subsidiary Link Resources, and he owned and operated self-publisher Vantage Press from 2009 to 2012. He holds an A.B. from Harvard College. David is concurrently president of Lamb Group LLC, a financial advisory firm serving consumer book publishers.