Richard K. Sutz
Senior Advisor Executive Officer Wind Energy
APEC International Investment Group
Richard K. Sutz, CEO and founder, brings more than 30 years of experience in the research, development and manufacture of renewable energy technologies.
is an internationally acknowledged expert in the development of low-wind-speed machines for water pumping, water purification and electrical generation.
The Mark 10 High Performance Water Pumping windmill, developed by Mr. Sutz
, is the result of more than $5 million of R&D.
Based on the low-wind-speed experience gained with the successful development, testing and commercialization of the Mark 10 Water Pumping Windmill, Sutz
began development of a low-wind-speed turbine for the generation of utility-grade electricity for sale to the Electrical Grid; designated as the Mark 10E & Mark 11E.
The turbine technology is covered by Patent Pending status Mr. Sutz's
background and experience span executive roles in both the private and public sector.
He began his business career as Director for Europe and the Middle East for Grumman Aircraft where he was responsible for marketing military and civilian aircraft.
later moved to Scottsdale, Arizona and began his
entrepreneurial career focused in the field of energy-related technologies and educational software designed to teach enhanced reading skills.
In the late 1970's he was appointed the Deputy Director of the Arizona Energy Office, with joint responsibility for Arizona Energy Conservation Programs.
He later joined the U.S. Department of Energy as Director of the Energy Related Inventions; with the responsibility to evaluate and fund promising energy related technologies.
During this period, he directed the US Department of Energy research that identified the need, in developing countries, for water pumping windmill technology that could operate, cost effectively, in low wind speeds and could pump water from great depths.
left the government to lead a private sector team that developed the Mark 10; which is currently in production in China with plans underway for production in Canada for world-wide commercialization.
Earlier in his impressive career, he served as a Project Officer with the U.S. Navy Bureau of Aeronautics.
invented the key component of fighter pilot's oxygen breathing systems that prevented fatal accidents caused by hypoxia (lack of oxygen at high altitudes).
other major development was to install the first rocket-powered ejection seat for US Navy fighter aircraft, enabling pilots to eject from the runway on landing or takeoff.
efforts, , as a young Navy flight officer, he
was awarded a rarely presented Letter of Commendation from the Chief of Naval Operations.
Mr. Sutz has a Bachelor of Science Degree in Metallurgical Engineering from the Illinois Institute of Technology, and a graduate degree in International Business and Finance at IMD, Lausanne, Switzerland.