Hall of Fame--Frick Builds Empires Via M&A, Operations
Having served roughly one-third of his career with privately held companies and two-thirds with publicly traded corporations, Frick has a unique vantage point when it comes to recognizing the similarities and differences in which they conduct business.
"With giant, public companies, it's increasingly clear that they're managing business to optimize earnings per share," he says. "This is the inevitable imperative of the ownership of public printing companies by institutional investors and private investors. Privately held, middle-market providers like Lehigh endeavor to balance economic results with a high degree of customer flexibility and service intimacy. We hope, as a private company, our response to the uniqueness of individual customers is a little more personal."