Arrowstream CEO Steven LaVoie remains in critical condition at Northwestern Memorial Hospital after last Thursday’s shooting in Chicago’s loop.
LaVoie, 54, was shot in the head and stomach by a recently-demoted employee.
Tony DeFrances, 59, the company’s chief technology officer, was upset by a demotion he’d received several days earlier and shot LaVoie at the company’s 17th floor office in the Bank of America building at 231 S. LaSalle Street. He then killed himself.
Arrowstream announced on their website Wednesday that LaVoie’s wife Jody, will fill his shoes while they look for an interim CEO.
The company also said it was not in the process of downsizing at the time of the shooting.
Arrowstream sells supply-chain and logistics technology for restaurants like Wendy’s and Applebee’s.