Chicago CEO shot by employee dies of injuries

CHICAGO - Authorities say the Chicago businessman wounded by a disgruntled employee in July has died from his injuries.

ArrowStream CEO Steven LaVoie was shot in the head and abdomen on July 31 by Tony DeFrances. DeFrances was once listed on the company's website as its chief technology officer. He was meeting with LaVoie to discuss a demotion when the shooting occurred.

The 60-year-old DeFrances then fatally shot himself.

The Cook County medical examiner's office says LaVoie died Monday at Adventist LaGrange Memorial Hospital.

Authorities say the 54-year-old LaVoie was shot in the head and abdomen. At one point in August, doctors at Chicago's Northwestern Memorial Hospital reported his condition was improving.

LaVoie's wife, Jody, was named acting CEO of ArrowStream after the shooting. The company sells supply-chain management technology.