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Management Team

John Rice

CEO and Chairman of the Board of Directors [-]

John Rice has extensive experience as a CEO, Lead Negotiator, Turnaround Expert, Business Financier and Crisis Management Executive/Consultant. Prior to becoming Chair and CEO of Sigma Labs, he was an interim CEO who turned around a Coca-Cola Bottling Company. As a CEO, Mr. Rice has run a variety of companies in diverse business sectors including design and manufacture of high-end jet engine test equipment for the U.S. Air Force as well as chaff dispensers for F16s, software for Naval warfare modeling exercises, software systems for controlling warehouse distribution systems, development of medical radio-isotopes, and cancer detection tomographic devices.

As a member of corporate boards of directors, Mr. Rice has led crisis management and financing negotiations for companies in the defense contracting industry, most recently in two unconnected companies: one that developed equipment that detects nuclear devices concealed in industrial shipments to the United States; the other developing advanced cybersecurity tools.

As an investor, Mr. Rice worked as a lead negotiator and operations expert in venture syndicates that built enterprises in cable TV, FM radio and Spanish-language TV and radio. He has served on a number of boards of directors. Currently, in addition to Sigma Labs, Mr. Rice is a Director of New Mexico Angels, Inc., a New Mexico-based group of accredited individual angel investors, and Akal Security, Inc. Mr. Rice is an honors graduate of Harvard College. He is an avid reader, expert skier, dedicated time trial cyclist, and a pathetic golfer.

Darren Beckett

Chief Technology Officer [-]

Mr. Beckett, age 45, served as Sigma's Engineering Manager beginning on September 25, 2017, and was appointed as our Vice President of Engineering on June 29, 2018. Mr. Beckett has over 20 years of experience in the semiconductor industry, including since 1997 with Intel Corporation at which he held various technical and managerial positions, including process engineer of ion implant charged particle systems, chemical vapor deposition systems, and, since 2008, engineering manager of multiple engineering groups such as rapid thermal anneal, defect metrology equipment and fab environment micro contamination. Mr. Beckett’s expertise is in process engineering for advanced manufacturing technology, including statistical process control for fabrication of semiconductor devices. Mr. Beckett serves as an independent director and board member of M&T Foundation, San Diego, California. Mr. Beckett earned a B.S. in Mechanical Engineering from Limerick University, Limerick Ireland. Mr. Beckett has no family relationship with any of the Company’s officers and directors.

Nannette Toups

Chief Financial Officer and Secretary [-]

Ms. Toups has served as a contract CFO and provided accounting services to a variety of clients in different industries ranging from non-profits to medical device development. From May 2008 to October 2013, Ms. Toups served in various positions at Qforma, Inc., a privately-held custom software development company, including as Controller and most recently as Senior Vice-President of Finance and Administration. Prior to joining Qforma, she served as an independent consultant from October 2005 to May 2008, providing a variety of financial, accounting and management services to individuals, entrepreneurs and a non-profit organization. From May 2004 to September 2005, Ms. Toups served as the Controller of KSL Joint Venture, where she was responsible for all accounting and financial reporting activities for the Site Support Services Group at Los Alamos National Laboratory. From January 2002 to April 2003, she served as the Controller and Treasurer of BiosGroup, Inc., a closely-held complexity science consulting company. Prior thereto, Ms. Toups served in various positions at Louisiana Intrastate Gas Company, LLC, including Controller and Transition Projects Manager. Ms. Toups received her CPA certification in 1984 and holds a bachelor’s degree in business administration and accounting from Louisiana State University, and a master’s of liberal arts degree from St. John’s College.

Ronald Fisher

Vice President of Business Development [-]

Ronald Fisher was appointed as Vice President of Business Development of Sigma on August 10, 2015, and leads the PrintRite3D® Operating Division. Mr. Fisher is a Mechanical Engineer with hands on experience in quality, manufacturing, and product development. He has an MBA and has distinguished himself as a lead sales and marketing officer as well as a Chief Operating Officer. He was a Program Manager at Swagelok from 1988-2004, and Vice President and General Manager, Aftermarket and Geometry Systems, at Micropoise Measurement Systems from 2004 until 2013, and a Partner and COO of Laszeray Technology, LLC from 2013 until 2014. Mr. Fisher holds a Bachelors Degree in Mechanical Engineering Technology from the University of Akron as well as an MBA from Kent State University.

Bruce Madigan

Chief Scientist [-]

Dr. Bruce Madigan has over 32 years of experience in welding and related manufacturing processes. He has researched welding processes, metallurgy, monitoring and controls at Sandia National Lab, Edison Welding Institute, the National Institute of Standards and Technology and most recently at Montana Tech where he is a professor of welding engineering. Dr. Madigan earned a certificate in welding from the Hobart School of Welding Technology, BS and MS degrees in Welding Engineering from The Ohio State University and a PhD in Metallurgical and Materials Engineering from the Colorado School of Mines.
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