WAYNE ANGSTROM — A Team Player
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.
Angstrom’s leadership at St Ives has been an inspiration to those around him, according to company CFO Jeanne Caruana. “As one might expect, his incredible journey has endured significant technological changes in the printing process, as well as tremendous economic volatility, demanding sales and marketing challenges, acquisition and growth organizational issues, and forever-evolving employee training and welfare concerns. It goes without saying that the ability to not only navigate such a journey, but to lead such a journey, requires skills that Wayne possesses in abundance,” she says.
“Skills that include the vision to see the twists and turns in the path before they were upon us, the courage to pursue directions not yet evident, the nerves of steel required to make the tough decisions, a flexible management style and a personal stamina of gargantuan proportions,” Caruana adds.
However, Angstrom believes his most significant contribution to St Ives has been the ability to grow and run a business that satisfies customers so much that they continue to return, job after job. In fact, his company’s mantra, “Delight Our Customers,” is what continues to inspire him.
|From left to right: Dr. Carl Angstrom, Dr. Anne Angstrom; David and Kristina Neumann with Henry and Jack Neumann; Sandy Angstrom with Evan and Audrey Angstrom (children of David and Aleah); Wayne Angstrom; Lisa and Mark Angstrom with Sofia Angstrom; and David and Aleah Angstrom.|
Angstrom is also committed to working even harder in the current economic downturn. Always the Marine, he views tough times as an opportunity. “Working in this industry has certainly become more challenging in the past few years than it was during my first three decades in the business. I like the challenge of working with my colleagues and continuing to prosper in some fairly challenging times.