jump to navigation

ABC Labs’ CEO Byron Hill steps down September 7, 2011

Posted by diannaobrien in ABC Labs, Uncategorized.
Tags: , , , , , , , , , , ,
trackback

ABC Labs saw Bryon Hill, its CEO depart suddenly according to reports on Sept. 2, 2011 in an article headlined “Hill retires as CEO of ABC Labs,” by Jacob Barker in the Columbia Daily Tribune.

But as the book From the Melon Fields to the Moon shows, ABC Labs has had many unusual departures of CEOs and ups and downs.

The company was started by Charles W. Gehrke with Jim Ussary, who would go on to become its first CEO, David Stalling, who would later work for ABC Labs and spin off a company from the firm, and a fourth man, rarely mentioned, who was bought out early in ABC Lab’s history.

Ussary headed up the firm from its inception in 1968 until 1975, the same year the company posted its first positive net income, $86,501. Ralph Waltz took over as CEO, but some say he was forced out in 1990. By then the company posted $1.1 million in net profit. Larry Stambaugh took over until 1992, with his shift from leadership preceded by a vicious and very public stockholders fight, described in detail in a July 24, 1992, Columbia Daily Tribune article headlined, “ABCs of a corporate battle,” written by Theodore P. Roth.

The next CEO was Jake Halliday, now the CEO of the Missouri Innovation Center. Hill took over from Halliday in 2004 and oversaw the company during an expansion phase which has included moving to Discovery Ridge, expanding its campus on Interstate 70.

Yet, despite the history of ABC Labs, the company has thrived through the decades, going from one employee to its current 350-person staff.

The story of how the company has continued, with its ups and downs, is part of the story of Charles W. Gehrke’s life in the book he wrote prior to his 2009 death, From the Melon Fields to the Moon. The first three chapters of the book are available here.

 

Comments»

No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: