Larry Harrell - President and CEO
Larry Harrell took over as President and CEO of Perfect Point EDM Corporation in October 2016. Prior to being the CEO, Larry served on the Perfect Point Board of Directors since 2012 and became the Chairman of the Board in 2014.
After 40 years of professional experience in the defense industry, including 26 years with Northrop Grumman, Larry Harrell retired as a Northrop Grumman Vice President in February 2008. He started Larry Harrell and Associates in 2009 and provided consulting services for businesses. He consulted with GenCorp on the acquisition of Pratt and Whitney Rocketdyne in 2013 and supported the transition team in the integration of Rocketdyne.
He was the Managing Director and CEO of AGS Industries GmbH, a joint venture company that represented the interest of the six shareholder companies and the Industrial Participation interests of the other NATO countries. He was responsible for managing the prime contract for the NATO AGS Program. As the prime contractor, he led the JV in preparing the AGS-I proposal, negotiations, and issuing contracts to the six core industries and the main sensor provider (Transatlantic Cooperative Advanced Radar).
Prior to this assignment, Larry was Vice President, Corporate Strategy and Technology. His responsibilities included Sector business strategy, front-end merger, acquisition and divestiture, and optimizing technology investments as part of developing the company’s strategic framework.
Larry was part of the Northrop Grumman Corporate mergers and acquisition team from 1994-2006, which completed 23 transactions totaling more than $40B. He led the acquisition team for the acquisition and integration of Teledyne Ryan, Litton’s Ingalls and Avondale shipyards, Newport News shipyard, and Scaled Composites. He also led the divestiture of the Northrop Grumman Commercial Aircraft Division and the TRW Automotive business and including the shutdown of the TRW Corporate offices.
Larry has expertise in engineering, test and evaluation, research and development, program management, manufacturing operations, business development, corporate strategy, mergers, acquisitions, divestitures, and acquisition integration including cost saving initiatives.
Larry holds a bachelor degree in aeronautical engineering from Embry Riddle Aeronautical University and a master’s degree in technology management from Pepperdine University. He has also earned a certificate in toxic and hazardous materials management from the University of California at Los Angeles, and completed executive management and marketing programs from the UCLA Anderson Graduate School of Management, MIT, and the Cranfield University School of Management in London.
Larry has also served on the Board of Directors for Scaled Composites, Aurora Flight Sciences, and Hiller Aviation Institute. In 2000, he was Chairman of the Board of Directors for TRW Automotive. He currently serves as Chairman of the Board for Perfect Point EDM.
Larry has 10 years of entrepreneur investing experience as an investor, an entrepreneur, fund raising, board advisor, and instructor for entrepreneur education.
William Palleva - Vice President, CTO and Product Design
Mr. Palleva is an Industrial Designer with over 30 years’ experience. He was formerly President of Nagy Design of Huntington Beach, California. Nagy Design was PPEDM’s alliance partner for the design and production of prototype SPEC-EDM tool heads and the E-Drill family of products. While at Nagy Design Bill oversaw all Perfect Point design projects. Bill provided product design, mechanical engineering, robotic engineering, electronic design, prototype development and systems integration services to both Fortune 500 corporations and technology startups for more than 20 years.
Earlier in his career Bill was a designer focused on motorcycle and automotive products for companies including Honda, Suzuki and Harley Davidson.
Bill received his bachelor’s degree in Industrial Design from the University of Illinois, Champaign, Illinois.
Mervyn Rudgley - Vice President, Product Development
Mr. Rudgley is an internationally recognized expert in rapid prototyping and rapid manufacturing technologies and associated product commercialization. He has more than 30 years of professional experience.
Prior to joining Perfect Point, Mervyn was Vice President, Digital Manufacturing Technology for Glidewell Laboratories. Previously, he held a number of Product Management positions at 3D Systems Inc., where he developed rapid prototyping and manufacturing equipment, materials and software. He was instrumental in launching 3D Systems’ SLA 7000, SLA Viper, Actua, ThermoJet and InVisions systems, as well as applications ranging from aerospace parts to custom hearing aids.
Mervyn has a BS degree in Mechanical Engineering from the University of Salford, Manchester, UK.