Categories: CEOs in the News

ArrowStream CEO LaVoie Improving After Shooting

“Steve is still in critical condition with some small improvements in natural reflexes,” Sue Michalowski posted on the website CaringBridge on Sunday, three days after Steven LaVoie was shot in the 17th-floor offices of ArrowStream in the Loop. “The swelling in his brain remained consistent with yesterday. He seems to be resting peacefully.”

Northwestern Memorial Hospital said LaVoie, 54, remained in critical but stable condition.

Last Thursday morning, Lavoie had scheduled a meeting with friend and colleague Tony DeFrances, who was chief technology officer for ArrowStream, the company LaVoie founded in 2000.  DeFrances, 60, had been told a week earlier that he had been demoted as part of downsizing and told LaVoie he wanted to talk about it.

Police say DeFrances pulled a gun and the two struggled before DeFrances shot LaVoie twice and then shot himself in the head. DeFrances, who did not have a firearm owner’s identification card, used a German military pistol and authorities said they were trying to determine how he got it.

Read more: The Chicago Tribune


Chief Executive

Chief Executive magazine (published since 1977) is the definitive source that CEOs turn to for insight and ideas that help increase their effectiveness and grow their business. Chief Executive Group also produces e-newsletters and online content at chiefexecutive.net and manages Chief Executive Network and other executive peer groups, as well as conferences and roundtables that enable top corporate officers to discuss key subjects and share their experiences within a community of peers. Chief Executive facilitates the annual “CEO of the Year,” a prestigious honor bestowed upon an outstanding corporate leader, nominated and selected by a group of peers, and is known throughout the U.S. and elsewhere for its annual ranking of Best & Worst States for Business. Visit www.chiefexecutive.net for more information.

Share
Published by
Chief Executive

Recent Posts

Overcoming Imposter Syndrome

Women in Leadership Series: Part 2

14 hours ago

Handling Difficult People and Tough Talks

Women in Leadership Series: Part 1

14 hours ago

P&G’s Former Chair Bob McDonald: ‘Life Is A Series Of Starting Over’

In this edition of our Corporate Competitor Podcast, leadership speaker and storytelling expert Don Yaeger…

20 hours ago

Passage Of The E.U. AI Act Means Boards Must Respond To AI Regulation

Regulation of AI will continue to evolve, forcing companies to anticipate curbs on their use…

4 days ago

Innovate From Within: Find The Entrepreneurs On Your Team

Encouraging the entrepreneurial spirit of employees can lead to more engaged teams, heightened innovation and…

4 days ago

How Modern Leaders Thrive By Recalling Their Employee Days

You’ve already walked a mile in their shoes. If you can remember that experience, empathy…

5 days ago