PROOF Research Announces CEO Transition

   06.09.14

PROOF Research Announces CEO Transition

PROOF Research, Inc. has announced the appointment of Larry Murphy to the position of Chief Executive Officer. He succeeds Pat Rainey who is stepping down from his current role and will remain in a senior advisor role and support business development during the transition.

A resident of Northwestern Montana, Larry Murphy brings PROOF Research 25 years of executive management and leadership experience in the semiconductor industry, and has most recently served as the CEO of the Thompson Technology Group. Previous leadership positions have included President and COO of Semitool, Inc. and President and CEO of Tosoh SMD. Murphy holds a Bachelor of Science degree in geophysics and geology from Michigan State University and received his Master of Business Administration degree from the Kellogg School of Management at Northwestern University.

“I am looking forward to building on the foundation laid by Pat Rainey and am excited for the opportunity to lead the team he has put together” states Murphy, “PROOF Research’s position as a technology leader within the Shooting Sports and Defense industries aligns well with my professional experience, but it is PROOF’s mission to enhance the safety and effectiveness of our nation’s warfighters and peacekeepers that makes this opportunity truly compelling.”

“I’m pleased to hand the reins to Larry who is an extremely accomplished executive” said Rainey, “PROOF Research is a phenomenal company with almost unlimited potential and I’m honored to have had a key role in starting and building its foundation for the future, but despite my attachment to the PROOF team in Montana, I am excited to shift my focus to the east coast and being closer to my family”.

According to Matt Marshall, a member of the PROOF Research board of directors, “We appreciate the many contributions Pat Rainey has made to PROOF Research’s success, but we understand and respect his desire to spend more time with his family in South Carolina.

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