Management Team

Kerry J. MarusichKerry Marusich

Mr. Kerry Marusich is the founder and President of Third Wave Systems. Prior to founding Third Wave, Mr. Marusich worked for 10 years at Honeywell, Inc. and founded The Tetrad Group, a Minneapolis-based manufacturing productivity consulting company. He has a Bachelor of Science degree in Mechanical Engineering and a Master of Science degree in Management of Technology from the University of Minnesota. In 2008, Mr. Marusich was awarded the Defense Alliance’s first annual Architect of Defense Award. 


Troy Marusich, Ph.D., P.E.
Chief Technical OfficerTroy Marusich

Dr. Troy Marusich is Third Wave Systems' Chief Technical Officer, specializing in applying computational techniques to manufacturing and R&D for improved product and process performance. He is known internationally for his work in the simulation of metalworking processes for improved design, process performance and part quality. As the primary architect behind Third Wave's software, he is responsible for the development of many proprietary technologies that Third Wave now holds. Before joining Third Wave in 1995, Dr. Marusich was a Design Engineer at John Deere. He has a Bachelor of Science in Mechanical Engineering from the University of Minnesota in addition to a Master of Science and Ph.D. degree in Engineering from Brown University. Dr. Marusich has also authored numerous papers on machining and machining simulation. Currently he has two patents pending in relation to simulation technology and machining process development.


Lisa A. FerrisLisa A. Ferris
Chief Operating Officer

Ms. Lisa Ferris is Third Wave Systems' Chief Operating Officer, responsible for all aspects of operations and finance. Prior to joining the company, she spent more than 20 years helping build businesses. Her most recent experience was at RBC Dain Rauscher where she was EVP and the Chief Operating Officer overseeing more than 900 employees and an operating plan of $190 million. Ms. Ferris worked with investment bankers and internal M&A teams on both the buy and sell side, resulting in acquisitions which increased business by more than 80 percent. Ms. Ferris has a Bachelor of Science degree in Business from the University of Minnesota's Carlson School of Management and a Master of Business Administration degree from the University of St. Thomas.