Even as they move into a gleaming new office tower, World Wide Technology’s founders haven’t forgotten their humble beginnings.
During a ribbon-cutting ceremony Tuesday for their new building at West Port Plaza, David Steward and Jim Kavanaugh both reminisced about the small office where they started the company 27 years ago.
The new headquarters is only half a mile away but a world apart in size and sophistication. High-tech displays dominate every part of the building, including a 51-foot-long screen in the auditorium and a 6-foot-tall working iPhone for app developers.
The company has grown to $9 billion in revenue and 4,000 employees, including 2,500 in the St. Louis area, but is still run by the same two men. Steward is chairman, Kavanaugh is chief executive and they remain sole owners.
Kavanaugh says World Wide’s goal remains to double sales and profit every five years, something it has done faithfully throughout its history.
Read more: St. Louis Post-Dispatch