Company Founder and Chief Executive Officer: Kim K. Thompson
Mr. Thompson received his B.A. in Applied Economics from James Madison College at Michigan State University. He received his Juris Doctorate from the University of Michigan Law School.
Kim Thompson invented the spider silk production platform and founded Kraig Biocraft Laboratories in his pursuit of the development of new biotechnologies with industrial applications. The Company was founded to develop this spider silk technology and reduce it to practice in collaboration with leading university scientists.
Mr. Thompson brings a wealth of experience in business management and consultation to Kraig. Following the completion of his undergraduate degree, Mr. Thompson joined California Craftsman, Inc. as a Vice-President with primary responsibility for both financial operations and marketing.
Kim Thompson was the director of business development at Franchise Venture Partners, LLC. He subsequently joined the firm of Shearson, Lehman, Hutton where he specialized in equity trading and research of small-cap companies. His experience in those small-cap equity markets has proven to be invaluable both in his legal and business successes.
Prior to founding Kraig, Mr. Thompson was the founder and senior litigation partner in a successful California commercial law firm where he worked as corporate and litigation counsel to privately held and public companies. His many accomplishments in corporate law include winning and collecting in full what his firm believes to have been the largest award of lost profits in a California commercial arbitration up to that time. An important part of his work was winning victories on behalf of corporate clients in disputes over intellectual property and distribution rights. He has represented business clients ranging from small start-ups and micro-caps to Fortune 100 companies.
With a background in business leadership and in advising public and private corporations, Kim Thompson continues to bring a unique perspective to the successful management of the Company. His extensive business and legal background enables him to create practical solutions to business problems and seize opportunities for growth.
Mr. Thompson is a member of the Triple Nine Society for persons with documented genius level IQs (having tested above the 99.9th percentile). He is active in the realm of science and invention where he has to his credit a number of provisional patent applications, including innovations in the areas of biotechnology, organic polymers, genetic engineering and magnetic field manipulation, among others.
Chief Operations Officer: Jon R. Rice
Mr. Rice has over 13 years’ experience growing development stage businesses with a focus on technology development, commercialization, and go to market strategies. Mr. Rice holds a B.S. in Chemical engineering from Michigan Technological University and a Masters of Business Administration from the Eli Broad College of Business: Michigan State University.
Prior to joining Kraig Biocraft Laboratories Mr. Rice was the Director of Advanced Technologies for Ultra Electronics, AMI. In this role, Mr. Rice was responsible for the identification, capture, and execution of new technology programs. During his tenure with AMI, Rice secured more than twenty five million dollars in funded development programs from the US Department of Defense which his team successfully leveraged into commercially viable spinoff products. Mr. Rice was also responsible for technical sales, marketing, and promotion of AMI’s products and capabilities. Rice joined AMI as the third full time employee and helped to lead the organization through its rapid growth and ultimate acquisition by Ultra Electronics in 2011.
Earlier in his career Mr. Rice developed unique advanced manufacturing techniques, established and trained a production staff, led engineering development, authored numerous technical papers, and is a recognized subject matter expert. Mr. Rice holds 5 issued patents and numerous provisional patents.
Mr. Rice brings a history of transforming revolutionary ideas into viable commercial products.