ArrowStream CEO Named Finalist for ITA
Founder of supply chain technology leader honored for vision, leadership & proven growth
April 09, 2010 08:55 AM Eastern Daylight Time
CHICAGO--(EON: Enhanced Online News)--Steven LaVoie, founder and CEO of ArrowStream, a leading
provider of supply chain management solutions for the foodservice industry has been named a finalist for an Illinois
Technology Association (ITA) CityLIGHTS award, in the CEO of the Year category.
ITA presents the award to an Illinois-based technology leader who contributed to the business development of
his/her technology company over the past year. Leadership qualities such as entrepreneurship, community
involvement, and management expertise are considered in the judging process.
ITA selected LaVoie for the supply chain vision he articulated when founding ArrowStream in 2000. His vision,
coming to fruition in multiple companies, is for a foodservice supply chain that uses technology to share information
and integrates all trading partners in a supply chain Network. Under LaVoie’s leadership, the company achieved
considerable growth in its first decade at a compound annual growth rate (CAGR) of 39 percent for the past three
years. In 2009 Crain’s Chicago Business named ArrowStream the fourth fastest growing company in Chicago, and
Inc. Magazine ranked ArrowStream #867 on the Inc. 5000 list of fastest growing private companies.
“While this honor is for individual contribution, it truly belongs to the employees of ArrowStream and our clients who
have brought a vision to life. It is their achievements that built the ArrowStream Network and have shown that
synchronized supply chains benefit all trading partners,” said Steven LaVoie, CEO and founder of ArrowStream,
ITA will present several awards at its 11th annual CityLIGHTS Gala on April 29 at Chicago Union Station. More
than 700 entrepreneurs, investors, corporate executives, and technology champions from the breadth and depth of