Webco Industries founder and chairman dies at 92
13 September 2018
The founder of Webco Industries, F. William Weber, reportedly died September 9 at the age of 92.
He served as Chairman of the Board and Chief Executive Officer of the company, which manufactures carbon steel, stainless steel and other metal tubular products, from its inception in 1969 until his daughter, Dana Weber, took over as CEO in March of 2011.
“My dad will be forever, because Webco is a forever type of company,” Dana said in a statement. “Dad instilled in each of us that success is a means, not an end, and that winning is only assessed by the judgment of time.”
Webco Chief Financial Officer Michael Howard also discussed Weber’s legacy and said a decision about his unfinished term as Director of the company will be left to the discretion of the board.
“Bill Weber founded our company and the principles we operate by on a daily basis,” Howard said. “Bill was a father to us all, teaching us the principles of life and making us all better people. Bill proactively dealt with ownership transition issues almost two decades ago, ensuring uninterrupted continuity of Webco’s business.”
Webco Chief Operating Officer David Boyer also praised Weber’s leadership.
“Through Bill’s selfless leadership, our successes have been continuously reinvested in our company and remain present today in the form of a highly engaged organization, loyal customers and suppliers, world-class technology, and all of it underpinned by a culture of abundant trust,” Boyer said in a statement.
Prior to founding the company, Weber was the Regional Sales Manager for United States Steel Corporation, National Tube Division, according to his biography on Webco’s website. He joined U.S. Steel in 1954, holding a variety of positions in field sales. Prior to joining U.S. Steel, he worked in Purchasing for Columbia Gas Systems and was in the Aviation Cadet Program with the U.S. Army. Weber received his Bachelor of Science degree from the University of Pittsburgh in 1950 and his MBA from the University of Tulsa in 1963.
Webco has five tube production facilities in Oklahoma and Pennsylvania and nine value-added facilities in Oklahoma, Texas, Illinois and Michigan.
Image courtesy of Webco