Management
Jay Carter, Jr.
Chief Executive Officer
Jay Carter, Jr. is founder, Chief Executive Officer and Principal Designer of CarterCopters, LLC. He attended Texas Tech University and graduated with a BS in Mechanical Engineering. He did graduate work in Aeronautical Engineering. He designed and built two autogyros with the guidance from his father during the summer months while attending college. The second one is shown below.
Mr. Carter worked at Bell Helicopters as a Research and Development Design Engineer for more than two years, where he contributed to the design of the V-15 tilting prop rotor.
In 1970, he founded Jay Carter Enterprises with his father and developed a steam powered automobile which was the first car in the world to meet the original 1976 EPA emission level standards. The car could make a cold start in 30 seconds, travel at more than 80 mph, and was featured on the front cover of several magazines, including Popular Science.
In 1976, Mr. Carter founded Carter Wind Systems and spent the next seventeen years as President and Principal Designer. By 1983, the company had grown to over $7 million in sales with more than 100 employees. The company installed wind turbines throughout the U.S., and from Great Britain to Hawaii to 300 miles north of the Arctic Circle. His ability to develop and market a very lightweight and cost effective wind turbine enabled the company to survive the industry decline in the mid-198O's and to emerge as one of the only two U.S. wind turbine manufacturers still in existence by 1988.
In 1982, 10% of the company was sold to Hamilton Standard, a division of United Technologies. In 1992, 50% of the company was sold to private investors. Mr. Carter negotiated all licensing agreements and the sale of the company.
In 1994, Mr. Carter founded CarterCopters, LLC and began the formal development of the company's innovative fourth generation rotorcraft that combines the best characteristics of helicopters and fixed wing aircraft.
Mr. Carter is a proven and experienced engineer, manager, and entrepreneur who has been involved in the aviation industry and a private pilot since 1967.
President
CarterCopters is in the initial stages of recruiting its President. The President shall be brought aboard when CarterCopters is preparing to launch its licensing program, which we anticipate will occur within the next two to six months. We plan to recruit a ranking executive from the aerospace industry with the following qualifications: (1) at least ten years of executive level experience in the aerospace industry, (2) intimate familiarity with and experience in the rotorcraft industry, (3) experience in managing a military rotorcraft production program, (4) experience in successfully procuring prime production contracts for military rotorcraft, and (5) numerous personal executive level contacts within the rotorcraft industry and U.S. military. The President shall be responsible for all sales of CarterCopters licenses and the negotiation of license and royalty fee terms.
Paul Redding
Vice President
Paul Redding is the Vice President of the company and has the primary responsibility of fabricating all metal parts for the prototype. He is currently President and CEO of Redding Machine Shop, Inc. and Plugwell Specialties. Redding Machine Shop is a precision machining operation that utilizes the latest computer-controlled machining technology. Plugwell Specialties manufactures and markets wireline set downhole tools that are sold worldwide to the petroleum industry. Mr. Redding majored in business administration at the University of Denver and has been a single engine fixed wing and helicopter pilot since 1958.
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