Mr. Russell Potterfield, founder and CEO of 511 Capital, led his former company, Battenfeld Technologies, Inc., through almost a decade of rapid growth.
In 2012, he
and the other shareholders in the business sold the business to a private equity firm.
The private equity group later sold the business to Smith and Wesson, SWHC.
For Mr. Potterfield
, the great challenge - and opportunity - from the sale was the loss of the capabilities on the management team that had helped build the Battenfeld business.
Founder and Chief Executive Officer
Russell Potterfield, who has worked with product and business development for nearly 20 years, founded 511 Capital to pursue new development opportunities.
has over 40 pending and issued patents on his
previous design work.
He holds an MBA from the University of Michigan's Ross School of Business as well as an undergraduate degree from Michigan in English Language and Literature.
MBA coursework, Potterfield
studied operations, organizational design, corporate strategy and entrepreneurial studies, graduating with distinction in 2003.