The Privilege & Responsibility of Leadership at Home & at Work

The Presidents' Forum of Columbus
February 20, 2008

W. Riley Lochridge
Chairman & CEO
ComDoc, Inc.

Speaker Biography:
ComDoc, with headquarters in Akron, Ohio, is a $115+ million provider of document output devices and services. Its markets include all of Ohio, upstate New York, western Pennsylvania, and northern West Virginia. Riley Lochridge, named Chairman and CEO in December 2004, joined ComDoc in 1984 as a Group Vice President. His responsibilities grew in 1986, when he was named Executive Vice President; and grew again in 1989, when he became President and CEO.

Prior to joining ComDoc, the Chicago-area native was employed for twelve years with American Hospital Supply Corporation, performing various sales and sales management duties. In 1977, he was named Vice President and General Manager of the Northeast Region and continued in that capacity until joining ComDoc. He is a graduate of Texas Christian University and holds a Bachelor’s Degree in Business Administration with a Marketing concentration.

Since joining the business, Lochridge has seen ComDoc’s revenue grow 950%, their employee base triple in size, and the stock value increase over 5,500%. Two of his proudest achievements occurred in 1985 when ComDoc’s Employee Stock Ownership Plan (ESOP) was launched . . . and, in December of 2006, when the company became a 100% ESOP. From any measurement perspective -- profitability, customer satisfaction, partner satisfaction and sales growth – it is clear that ComDoc’s dramatic results are tied directly to its ESOP.

An advocate for northeastern Ohio, Lochridge willingly shares his experience with ESOPs as a member of the Ohio Employee Ownership Center Advisory Board. He is an active member and director of Heart to Heart Communications, and presented the Keynote Address to over 600 area business leaders at their 2004 Annual Breakfast. An alumnus of the 1986 Leadership Akron class, he currently serves as Vice Chairman on their Board of Trustees and, in 2003, received their Distinguished Alumni Award. Other more recent awards include the 2006 Entrepreneur of the Year for the Small Business Council of the Greater Akron Chamber and the 2006 Executive of the Year for Sales and Marketing Executives International / Akron Chapter.

Lochridge resides in Hudson, Ohio, with his wife, Barbara . . . and they have 3 children, Riley, Kyle and Whitney.

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