Lasting relationships built on trust.

Daryl Boehringer is a founder, CEO and lead analyst for consumer and ecommerce for Edgewater Research. Since 2001, Daryl has been working as a sell-side analyst covering consumer and ecommerce initially for FTN Midwest Research and later for Cleveland Research Company. His coverage includes Amazon, automotive aftermarket, beauty, consumer electronics, footwear, home goods & furnishings, mass (Target, Walmart) office supply, pet, recreation & power sports, and sporting goods sectors. Prior to joining FTN Midwest, Daryl worked as a CPA/senior auditor/consultant at PricewaterhouseCoopers in New York. Daryl is a 1996 graduate of SUNY Buffalo with a dual concentration in accounting and finance.

Kevin Rottinghaus is a founder, president and lead analyst for technology for Edgewater Research. Kevin has been working as a sell-side analyst since 2003, covering technology initially for FTN Midwest Research and later for Cleveland Research Company. His coverage includes PC supply chain, memory/SSDs, hard disk drives, semiconductors, IT hardware, and Asia tech. Prior to joining FTN Midwest, Kevin worked for i2 and ICG Commerce as a sales engineer, and started his career in management consulting with Ernst & Young. Kevin is a 1996 graduate of Ohio University with a dual major in accounting and MIS.

Rebecca Gilchrist is the COO and CCO for Edgewater Research. Rebecca entered the equity research industry in 2006, working as a compliance and operations manager initially for Cleveland Research Company, obtaining FINRA licenses 62 and 24. Prior to joining Cleveland Research, Rebecca worked as a relocation coordinator at SIRVA Relocation. Rebecca is a 2004 graduate of John Carroll University with a dual major in marketing and logistics.

Joe Calvello is the chief information officer for Edgewater Research. Joe has been a sell-side analyst since 2005, covering a wide range of industrial companies initially at FTN Midwest Research and later for Cleveland Research Company. Joe is known for developing innovative quantitative research across the fluid power, industrial automation, and industrial distribution sectors. Joe's domain expertise is born from various industry roles including industrial automation engineer, plant superintendent, product management, and pricing analytics. Joe is a graduate of Kettering University with a major in engineering and holds an MBA from the University of Akron.

Tom Palenschat is the head of sales for Edgewater Research. Tom has been in the equity research industry since 2007. Prior to joining Edgewater, Tom was a managing director at Zelman & Associates for 8 years covering some of the largest hedge funds in New York, Connecticut and the West Coast. Prior to Zelman, Tom was a senior sales person at Longbow Research. During his tenure, Tom has lived and worked in New York and London, UK before returning to his hometown of Cleveland, OH. Tom is a 2000 graduate of Ohio University with a major in management information systems.

Rick Jamieson is a senior sales person for Edgewater Research. Rick has been in the equity research industry since 2011. Prior to joining Edgewater, Rick was a senior VP at Loop Capital covering hedge funds and mutual funds in New York and Connecticut. Rick began his career in equities at Longbow Research where he spent ~8 years covering accounts in the New York region and Ohio. Prior to Longbow, Rick worked as a fulfillment analyst with GE Lighting following his graduation from General Electric's Plant Finance Leadership Program. Rick began his professional career as an assistant football coach at Ohio Dominican University in Columbus. Rick is a 2004 graduate of Ohio University with a major in finance.

Raquel Kubec is the Sales and Operations Associate for Edgewater Research. Raquel is an experienced logistics and marketing professional with a background in large-scale event management and client engagement. She has led high-volume scheduling and logistics operations for ECRM and managed event marketing teams at BrandMuscle, overseeing thousands of national events annually. She holds a bachelor’s degree in Tourism and Event Planning from Bowling Green State University

Eamon Kelly is a senior research analyst in consumer and ecommerce for Edgewater Research. Since 2001, Eamon has been working in the industry covering consumer and ecommerce. Originally for FTN Midwest Research and later moving to Cleveland Research Company. His coverage includes Amazon, automotive aftermarket, beauty, consumer electronics, footwear, home goods & furnishings, mass (Target, Walmart) office supply, pet, recreation & power sports, and sporting goods sectors. Eamon is a 2003 graduate of John Carroll University with a major in finance.

Sean Muir is a senior research analyst in technology for Edgewater Research. Sean has been working in the industry building an extensive international network of relationships in the technology industry since 2007. His coverage includes PC supply chain, memory/SSDs, hard disk drives, semiconductors, IT hardware, and Asia tech. Sean is a 2007 graduate of The University of Akron with a dual major in finance and marketing.

Chris Hodson is a senior research analyst in consumer and ecommerce for Edgewater Research. Chris has been in the industry since 2007 covering a wide range of companies in the specialty retail landscape and the ecommerce space initially for Cleveland Research Company. His coverage includes Amazon, automotive aftermarket, consumer electronics, footwear, health & beauty, home goods & furnishings, office supply, recreation & power sports and sporting goods sectors. Prior to joining Cleveland Research, Chris served as a financial advisor within the Retirement Benefits Group of AXA Equitable where he implemented and managed qualified retirement plans for individuals serving in the public sector as well as those employed by various charitable and non-profit organizations. Chris is a 2005 graduate of Ashland University with a dual major in communication and finance.

Joe Wittine is a senior research analyst covering digital advertising for Edgewater Research, with a focus on social media, search, programmatic, and connected TV. Since 2007, Joe has covered a range of companies across industrial tech, enterprise storage, HDDs/memory, and consumer tech; previously at Longbow Research. In 2018 Joe earned recognition as the #8 most accurate earnings estimator on Wall Street by Thomson Reuters; and was top-3 ranked in the IT Hardware sector in both 2017 and 2018. Joe is a graduate of John Carroll University with a major in accounting, and began his career at PwC's audit practice, focusing on the automotive and industrial supply chains.

Brent Wright is a senior research analyst in consumer and ecommerce for Edgewater Research. Brent has been working in the industry covering consumer companies since 1998. He started at FTN Midwest Research and then worked for various other sell side shops before starting Consumer Reality which he ran for a decade. His coverage includes Amazon, apparel, beauty, consumer electronics, footwear, home goods & furnishings, mass (Target, Walmart), pet and sporting goods sectors. Brent is a 1998 graduate of Florida State University with a major in finance.

Dennis Reed is a senior research analyst in technology. Dennis started in the industry in 2005 at FTN Midwest Research on the technology & semiconductor team. In 2006, he was a founding member of Cleveland Research Company and continued to develop an extensive network of technology industry professionals in the semiconductor, distribution, memory and HDD industries throughout the world. Dennis worked at KeyBanc Capital Markets in New York, on teams covering consumer staples and paper & packaging companies. Dennis also brings wide level of experience working in various roles with Travelers Insurance, including market research and various product roles supporting business unit growth in targeted end markets. Dennis is a 2002 graduate of Ohio University with a major in sports management.

Nik Todorov is a senior research analyst covering technology for Edgewater Research with a focus on diversified semiconductors and supply chain components. Nik started in the industry in 2016 at Longbow Research covering a range of companies across semis, supply chain components, distribution, enterprise hardware, HDDs and consumer tech. In 2020 Nik earned recognition as a top #3 most accurate earnings estimator for the technology hardware sector on Wall Street by Thomson Reuters. Nik is a 2015 graduate of Cleveland State University with a major in finance.

John Spohn is a research analyst in technology for Edgewater Research. His coverage includes PC supply chain, memory, datacenter/cloud, Asia manufacturers, computer peripherals, and cap equipment. John started his professional career at Fidelity Investments in Chicago, building relationships with high net worth clients and implementing their investment strategies. He returned to his hometown Cleveland, OH to join Edgewater in 2021. John is a 2018 graduate of Miami University with a major in finance.

Nick Koontz joined Edgewater Research in 2021 as a research analyst in digital advertising. His coverage includes social media, search, CTV, and programmatic. Nick is a 2020 graduate of Otterbein University with a major in business administration & management. At his time at Otterbein, he played basketball for four years and was elected team captain for two years. Following graduation, he spent one year as an assistant basketball coach at Malone University.

Devin Carney is a research analyst in consumer and ecommerce for Edgewater Research. His focus is on the ecommerce/retail market with companies like Amazon, Target, Walmart and includes the following categories: automotive aftermarket, consumer electronics, food/consumables, footwear, health & beauty, home goods & furnishings, office supply, pet, and sporting goods sectors. Prior to joining Edgewater, Devin worked at J.P. Morgan in Columbus on their investment team for high-net-worth retail clients, building relationships and implementing their investment strategies. He returned to his hometown, Cleveland, Ohio, to join Edgewater in 2021. Devin is a 2018 graduate of The University of Dayton with a major in finance.

Stelio Kanaras joined Edgewater Research in 2024 as an associate research analyst in technology. His coverage includes PC supply chain, mobile components, datacenter/AI, and analog semis. Stelio is a 2023 graduate of Vanderbilt University with majors in economics and public policy. Following graduation, he spent one year helping grow AXIA Time, a custom Swiss watch brand. Stelio is a New Jersey native who enjoys traveling and lacrosse.

Chris Pepe is an associate research analyst covering Technology for Edgewater Research. Full bio to come.

Ryan Berger is an associate research analyst in Edgewater Research's digital group. Prior to joining Edgewater, Ryan started his career in the investment office at Cerity Partners, helping conduct manager due diligence, support research efforts and scale trading capabilities for the firm. After majoring in finance at John Carroll University, Ryan received a master's degree in international business from Queen's University, Belfast in 2024.

Will Yontek is an associate research analyst at Edgewater Research, for the consumer and ecommerce group with a primary focus on the automotive aftermarket and footwear industries. He began his career at Edgewater as a research intern, where he covered cloud computing before transitioning to a full-time role after earning his degree in finance from John Carroll University in 2025.

Zach is an associate research analyst at Edgewater Research, serving the digital advertising group with a focus on social media, search, programmatic, and CTV. He is a 2026 graduate of Miami University, where he majored in Quantitative Economics. Prior to his current role, Zach interned at Edgewater on the consumer team before transitioning to a full-time role following his graduation.

Matt McCann covers Industrials for Edgewater Research. His full bio is to come.

Varun Subbiah is an associate research analyst covering Industrials for Edgewater Research. Full bio to come.