Close this search box.
Close this search box.

ArrowStream CEO Steven LaVoie Shot by Disgruntled Employee

The recent CEO shooting in Chicago brings to light a critical point: Do CEOs need round-the-clock protection?

ArrowStream CEO Steven LaVoie was shot twice on Friday by a disgruntled employee who had been demoted. The employee, 60-year-old Anthony Francis, who shot and killed himself, was not singled out, as the consulting and logistics firm had been downsizing and had demoted several people.

For CEOs in high profile organizations, such as healthcare, biotech, biomedical, the military, and any other industry that draws controversy, bodyguards are not unusual. These people are not your typical security officer. They are often retired policy or x-military, who have training in areas including weapons and martial arts. I know first-hand that some CEOs, though not many, are driven to work by a security professional in a bullet-proof vehicle, and even have their children, who are at risk of being kidnapped, driven to school by security personnel as well.

LaVoie, whose condition was upgraded to stable on Saturday, was not in a high-profile industry. However, CEOs of non-controversial sectors often ignore other critical issues that cause someone to snap, such as layoffs, firings, being passed over for a promotion or raise, etc.

CEOs should ensure that their HR team has developed a strategy around watching for signs of employee dissatisfaction and how to handle these situations before they escalate.

Small business expert Dianne Shaddock offers these six signs of employee dissatisfaction:

  1. Chronic absenteeism
  2. Raising their voice frequently
  3. Depression
  4. Unusual impatience
  5. Increased irritability
  6. Memory or concentration problems

Companies are generally good at and committed to protecting data, employees and physical assets such as the building. The leader of the company should receive at least as much consideration.

Additional reading:

Managing Employee Satisfaction in the Workplace

Signs of Unsatisfied Employees

Stop Employee Dissatisfaction Before Problems Start

Symptoms of Employee Dissatisfaction to Look Out For




  • Get the CEO Briefing

    Sign up today to get weekly access to the latest issues affecting CEOs in every industry
  • upcoming events


    Strategic Planning Workshop

    1:00 - 5:00 pm

    Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

    Executives expressed frustration with their current strategic planning process. Issues include:

    1. Lack of systematic approach (70%)
    2. Laundry lists without prioritization (68%)
    3. Decisions based on personalities rather than facts and information (65%)


    Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

    To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

    New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

    Women in Leadership Seminar and Peer Discussion

    2:00 - 5:00 pm

    Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

    Limited space available.

    To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

    Golf Outing

    10:30 - 5:00 pm
    General’s Retreat at Hermitage Golf Course
    Sponsored by UBS

    General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

    The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

    To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.