The Plasma Power team is seasoned and experienced, composing a knowledge base of significant depth.
We are multifaceted. The executive team includes individuals who have run multiple private companies and major public corporations. Our scientists have been involved with plasma technology since its inception. Individuals at Plasma Power have patent claims that total in the hundreds and includes subjects such as emissions control and plasma processes. Others have been instrumental in 24/7 plant operations. Combined, the staff at Plasma Power has been involved in the design, construction, commissioning, and operations of over 100 facilities worldwide including 2 nuclear power plants, automotive and truck assembly plants, and some of the largest oil and petroleum development plants in the industry.

Jim Juranitch, President and CEO, and Co-founder. James C. Juranitch is a recipient of over 690 patent claims.
In the early 80’s Jim worked as a design and test engineer for various technology companies including Pratt and Whitney and Dresser Industries. While there he laid out the architecture for a radically new data acquisition and control computer system which lead to the design and building of a new experimental lab. The computer system became a success and was marketed on a worldwide basis.
At the age of 28 he founded his first company, Power-Tek, building “leading edge” computer and control systems for testing and developing engines. Power-Tek then evolved into supplying complete experimental labs and production test facilities all over the world. Power-Tek grew to be a leader in its industry and an Inc 500 company.
Jim’s second company, Veri-Tek, built “bleeding edge” technology assembly lines and production test systems. Veri-Tek used a new concept pioneered by the submarine chasing industry called “Signature Analysis”, which Jim applied to the manufacturing world. Jim and his talented team at Veri-Tek invented many breakthrough technologies that were incorporated into manufacturing systems. These systems still successfully operate 24 hours a day year-round, in some of the harshest manufacturing environments. The company achieved much success, acquiring many technology awards and was ranked as an Inc 500 company, twice.
Plasma Power is the second of 2 companies he has founded in the renewable energy industry.
Personal Awards and Achievements:
- - Citations Who’s Who Among Rising Young Americans
- - US Registry’s Who’s Who in Leading American Executives (twice)
- - Honored by Michigan House of Representatives Resolution number 634
- - Strathmore’s Who’s Who for Leading CEO’s
- - “The Inc 500” (3 times)
- - “Michigan Leading Edge Technologies” award (twice)
- - The top “Future 50” companies of Greater Detroit Award (twice)
- - The top “100 Private Companies” award for Michigan
Rich Tarrant, Chairman. Richard E. Tarrant is Chairman/CEO of Chrispus Ventures, a company that invests in small and startup companies primarily in the Healthcare, Energy and Technology sectors.
Previously, Rich had been engaged in building one of the nation’s leading healthcare technology companies. In 1969 Rich co-founded IDX Systems Corporation with Robert H. Hoehl. IDX supplied clinical and administrative information systems to healthcare organizations. Rich served IDX as President and CEO until 1999, CEO until 2003, and most recently, as Chairman of the Board of Directors. IDX was acquired by GE Healthcare in January 2006 for $1.2B.
Rich is a former Chairman of the University of Vermont Health Center and is a former member of the Fletcher Allen Health Care Board of Trustees, Vermont’s largest healthcare provider. He was a member of the University of Vermont Health Center Board of Trustees from 1988 to 1994, and is a founding director of Vermont Managed Care. Rich was a member of the University of Vermont Board of Trustees from 1994 to 2000, and served on the Board of Trustees at Saint Michael’s College from 1987 to 1993. Rich is an alumnus of the Academy for International Health Studies Inc. and the Vermont Business Roundtable.
Rich was an All-American basketball player and was drafted by the NBA Boston Celtics in 1965. He received his BA in Mathematics from Saint Michael’s College and is a charter member of both the Saint Michael’s College Athletic Hall of Fame and the New England Basketball Hall of Fame. He has also been inducted into the Honorary National Mathematics Society, Pi Mu Epsilon.
In 2006 Rich was the Republican nominee for US Senate from the State of Vermont.
Today Rich serves as Chairman of 2 companies: Marathon Health, a worksite health management company, and Plasma Power, a renewable energy company, and sits on the boards of several other Chrispus companies. Rich also serves as President of the Richard E. and Deborah L. Tarrant Foundation which makes grants to create opportunity, help meet basic needs, and improve the lives of people in Vermont focusing primarily on K-12 education.

Kim Erickson, CFO. Kim B. Erickson spent the first seven years of his career working for a national public accounting firm. Over the last twenty years, Kim has held both operational and financial senior-level leadership roles with various organizations. He has multiple industry experience in both the high-tech and low-tech sectors, including: manufacturing, distribution, services, and mortgage banking for both publicly traded and privately held organizations.
Kim’s career path has offered him a wide array of experiences, including: rapid growth environments, business turnarounds, business development, mergers, two initial public offerings and corporate financing. Most recently, Kim was President of Resource Recovery Technologies (RRT), a Midwest waste-to-energy process manufacturer. RRT annually processed 740 thousand tons of municipal solid waste into a fuel used to generate sufficient electricity to power approximately 55 thousand homes.
He is a Certified Public Accountant (inactive license) with a Bachelor’s degree in Accounting and holds a Master of Business Administration degree.
Alan Reynolds, Chief Engineer, P.E. PMP. Alan C. Reynolds holds a BSME from Michigan Technological University.
Alan has carefully directed his career to include an intense combination of engineering design and hands on production and testing, a rare combination. He has been involved in the design and commissioning of multiple plants. This includes the design, construction, and commissioning of an 800 MW Nuclear Plant in Pennsylvania, and an 1100MW Nuclear Plant in Michigan.
Alan is a Registered Professional Engineer and is a PMI Certified Project Management Professional.
Lou Circeo, Scientific Advisor. Dr. Louis J. Circeo is a consultant in plasma technology applications with over 35 years in the field.
He is a former Principal Research Scientist at the Georgia Tech Research Institute and was the founding director of Georgia Tech’s Plasma Applications Research Facility. Prior to his position at GTRI, Dr. Circeo served with the DOD Defense Nuclear Agency. A leader in the development and research of Plasma Arc Technology, he has advised many groups, communities and companies as they have developed plasma arc components, infrastructure and projects.