EXECUTIVES
Tom Daniel – President
Mr. Daniel brings to ParaNetics over 20 years of experience in various CEO roles leading technology, software, and services companies. Known as a hands-on motivational leader, Mr. Daniel is an expert in creating a vision, building consensus, and delivering results. His background includes CEO / President roles in a number of public companies including Intuit Services Corporation, RH Donnelley-GDS, and Thermo-Fisher Scientific-LOTN. Mr. Daniel is the inventor of the ParaNetic magnetic field, with issued patents in five countries and an additional 7 patent-pending applications currently under review. Mr. Daniel has led the Paranetics team in creating early proof of concept motors, each demonstrating significant performance improvements over previous versions. Currently leading the team in building the ParaNetic Version 5 motor, Mr. Daniel expects to begin testing of this exciting new technology early in the 2nd quarter of 2023.
Larry Stambaugh - Chairman
Mr. Stambaugh has been the CEO, Chairman of the Board and Director of several global public and private companies. During his more than 40-year career Stambaugh’s leadership has been the inspiring force behind boards and management to access their strengths and weakness without restraint and create a laser focused business. He has raised over $500 million of capital in private and public financing and has taken a company public in both the U.S. and Europe. He has negotiated and consummated multiple large strategic partnerships with Fortune 100 companies. Mr. Stambaugh has a passion for board corporate governance practices and has received the “Director of the Year” award from the Corporate Directors Forum an unprecedented three times in recognition for his work in corporate governance leadership and education. He founded and led an annual nationwide corporate governance meeting for 12 years that is recognized as one of the top corporate governance meetings in the U.S. Today, as a Director and Business Advisor, Mr. Stambaugh elevates leadership thinking and results at organizations using his well-developed processes.
Eric Norling - Head of Engineering
Eric started Engage Engineering doing contract manufacturing back in 2002. Eric has a mechanical engineering degree with nearly 40 years of experience in product design, manufacturing, & project management. Over time, he has established relationships with a wide client base in multiple industries including flight simulators, space lenses, night vision scopes, NIR lasers, medical, and a few others.