The Wasserstrom Company has paid tribute to its former executive vice president Franck Fancelli after the company legend passed away on Sunday aged 88.
Fancelli had worked for Wasserstrom in a number of roles from 1961 until he retired in 1996, and remained involved with the company as a consultant following his retirement.
He first joined as a company controller, and served a crucial role in setting in place the control and planning tools that guided the company in its strategic objectives.
After seven years in the role he was promoted in 1968 to vice president of planning and finance for before being appointed executive vice president a decade later.
The company said that over his 35 years of service, Fancelli had developed a wonderful perspective of the Wasserstrom family, the business, and all of the people associated within and around the enterprise.
As a result he had been asked to write the history of the first 95 years of the Wasserstrom companies, which was published in 1998 under the name “The Wasserstrom Company, The First 95 Years 1902-1997.”
He went on to add to his bibliography with the publication of “The Wasserstrom Companies, A Century of Excellence” to commemorate the firms 100th Anniversary in 2002.
In paying tribute, the company said: “Frank provided solid leadership throughout the years. His values mirrored the company and Wasserstrom family values. He always thought of an associate as an extension of the family. He believed that people were the greatest resource of the company.
“We will always be appreciative of the many contributions that Frank made to the successes of Wasserstrom throughout the years. He was our friend, mentor to many, and a part of our family.”