Demoted Chicago Employee Shoots CEO Before Killing Himself

Demoted Chicago Employee Shoots CEO Before Killing Himself

A disgruntled Chicago man reportedly took his own life inside a Bank of America office building recently after opening fire on the CEO that demoted him.

via AOL News

A demoted executive shot and critically wounded his company’s CEO before fatally shooting himself Thursday inside a high-rise office building in downtown Chicago’s bustling financial district, police said.

The worker pulled a gun after entering the 17th-floor office to privately meet with the CEO, and during a struggle for the weapon, the CEO was shot in his head and abdomen, Chicago Police Superintendent Garry McCarthy said. The gunman then fatally shot himself.

“Apparently he was despondent over the fact that he got demoted,” McCarthy said, adding that the alleged shooter was among “a number of people” being demoted as the company downsized.

Northwestern Memorial Hospital in Chicago confirmed that a man named Steven Lavoie was in critical condition in the hospital, but declined to elaborate. Police said the victim of the shooting was taken to Northwestern, but messages left with police and ArrowStream were not returned Thursday.

According to ArrowStream’s website, LaVoie founded the company in 2000, and DeFrances joined the next year and was currently its chief technology officer. Both men are listed as married with three children.

Corporate thuggin’ gone terribly wrong. SMH.