Open Enrollment | Subscribe to Printing Impressions HERE
Connect
Follow us on
Advertisement
 

WAYNE ANGSTROM -- A Team Player

September 2003
By Caroline Miller


For Wayne Angstrom, nothing in life is accomplished on one's own; every achievement is a team effort.

It's a philosophy that the CEO and president of the U.S. division of St Ives first learned as a member of the U.S. Marine Corps—a belief that continues to profoundly impact his life. "Marines always say, 'once a Marine, always a Marine'," states Angstrom.

"I think back often on something that a company gunnery sergeant once said to me. 'The mind quits long before the body.' I have reshaped that to: we need to be careful that a particular situation does not overpower us and shut the mind down. We can do anything we choose to as long as there are enough of us fully committed to getting the job done," remarks Angstrom.

Angstrom began his personal commitment to the graphic arts industry in 1962, when he left the Marines and found a job as a paper-and-ink lab technician with RR Donnelley in his hometown of Chicago. "I was one of those guys who just fell in love with the printing industry. It became something more than a job. Frankly, it has always been that way for me," he notes.

Over the years, Angstrom rose through the ranks of RR Donnelley, moving across several divisions and eventually becoming a division director for the printer. "RR Donnelley was and remains a fine company where I got the basis of my training in the industry," he explains. "If I had not left and gone out on my own with a group of colleagues, I believe I would still be with Donnelley."

However, Angstrom did strike out on his own, becoming executive vice president of manufacturing for Maxwell Communications. Maxwell Communications was the vehicle that he used to acquire and run several printing companies. In 1991, he was named president and CEO of the U.S. division of St Ives, which, at the time, consisted only of the company's Hollywood, FL, operation.

Since his arrival at St Ives, Angstrom has continued the company's growth to become the 42nd largest printing company as rated in Printing Impressions magazine's Top 400. He has also overseen the internal growth of the Hollywood operation, the acquisition of St Ives Cleveland (Perlmuter Printing), as well as the acquisition of Avanti/Case-Hoyt in Miami in 2001.

The acquisition of Avanti/Case-Hoyt was one of the largest—if not the biggest—deals in the industry that year. Avanti/Case-Hoyt posted sales of $109 million in 2000. It also gave St Ives a strategic position in Rochester, NY, and in Miami to complement its existing U.S. holdings. Today, the U.S. division of St Ives boasts annual sales of $177.9 million.
 

Companies Mentioned:

COMMENTS

Click here to leave a comment...
Comment *
Most Recent Comments: