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Company Moves On after Loop Shooting

Company Moves On after Loop Shooting

ArrowStream has announced the wife of its CEO, who was severely wounded by a disgruntled employee, will temporarily take over the reins of the company.

In a statement posted on its website, ArrowStream announced Jody LaVoie is its acting CEO. The seller of supply-chain management technology says she will be assisted by the company’s existing executive team.

CEO Steven LaVoie remained in critical condition late Wednesday after being shot in the head and abdomen by Tony DeFrances. DeFrances, once listed on the company’s website as the company’s chief technology officer, was meeting with LaVoie to discuss a demotion when the shooting occurred. DeFrances fatally shot himself.

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MOVIES: 25 Days of Christmas Films

James Stewart, center, is reunited with his wife, Donna Reed, left, and children during the last scene of Frank Capra's "It's A Wonderful Life".

Count down to Christmas with these 25 festive holiday movies.