Ancor Communications Inc

12/2/08 – Andcor e-Update

8/18/08 – Andcor places General Manager, Annual Renewable Fiber, for Cargill's Emerging Business Accelerator

From the brink of disaster to the pinnacle of success.

Challenge

Ancor Communications (NASDAQ:ANCR) was struggling with its growth and profitability and as a consequence on the verge of losing key members of its management team. The board of directors desired to keep the company moving forward, but realized that a significant gap would be created with the loss of one of its leaders.

Solution

The Board of Ancor Communications retained Andcor in search of a new President and CEO. In 1997, Andcor placed Ken Hendrickson of Western Digital (NYSE:WDC) as President and CEO of Ancor Communications. One of the key reasons Ancor was able to attract Ken was due to Andcorâs exceptional relationship-driven network which made Andcor aware that Mr. Hendrikson was looking to relocate back to Minnesota from California for personal reasons. In addition, Andcor placed 12 key hires for Ancor Communications over the next four years, which helped stabilize the company and begin to grow.

Result

In 1999, Ancor Communications was the fourth best performing stock on the NASDAQ. When Andcor placed Ken Hendrickson in the role of President and CEO in 1997, Ancor Communications had a market cap of $25 million. Three years later, Ancor Communications was acquired by QLogic (NASDAQ:QLGC) for $1.7 billion.

Summary

Great people produce great results and we (Andcor) partner with companies to create a big impact in their success.

"Building a successful management team and organization in an emerging growth company is a dynamic and contentious process. Andcor has the key organizational development tools necessary to help grow Ancor companies. (now qLogic) Some of these strategic indicatives have included organizational effectiveness assessment, executive search, organizational design, executive compensation, and management incentives. Partnering with Andcor has helped us anticipate and effectively tackle key organizational issues associated with rapid growth."

Dale Showers, Chairman


12/2/08 – Andcor e-Update 8/18/08 – Andcor places General Manager, Annual Renewable Fiber, for Cargill's Emerging Business Accelerator		From the brink of disaster to the pinnacle of success. Challenge Ancor Communications (NASDAQ:ANCR) was struggling with its growth and profitability and as a consequence on the verge of losing key members of its management team. The board of directors desired to keep the company moving forward, but realized that a significant gap would be created with the loss of one of its leaders. Solution The Board of Ancor Communications retained Andcor in search of a new President and CEO. In 1997, Andcor placed Ken Hendrickson of Western Digital (NYSE:WDC) as President and CEO of Ancor Communications. One of the key reasons Ancor was able to attract Ken was due to Andcorâs exceptional relationship-driven network which made Andcor aware that Mr. Hendrikson was looking to relocate back to Minnesota from California for personal reasons. In addition, Andcor placed 12 key hires for Ancor Communications over the next four years, which helped stabilize the company and begin to grow. Result In 1999, Ancor Communications was the fourth best performing stock on the NASDAQ. When Andcor placed Ken Hendrickson in the role of President and CEO in 1997, Ancor Communications had a market cap of $25 million. Three years later, Ancor Communications was acquired by QLogic (NASDAQ:QLGC) for $1.7 billion. Summary Great people produce great results and we (Andcor) partner with companies to create a big impact in their success. "Building a successful management team and organization in an emerging growth company is a dynamic and contentious process. Andcor has the key organizational development tools necessary to help grow Ancor companies. (now qLogic) Some of these strategic indicatives have included organizational effectiveness assessment, executive search, organizational design, executive compensation, and management incentives. Partnering with Andcor has helped us anticipate and effectively tackle key organizational issues associated with rapid growth." Dale Showers, Chairman



Welcome The Andcor Difference Case Studies Our Services Our Team Business Partners Candidates Contact Us Tribute to Our Founder Copyright © 2009 Andcor Companies, Inc.