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Lake Erie College News


December 09, 2013

Students Attend Entrepreneur-of-the-Year Event in Cleveland

Lake Erie College students Stefan Stojanovic and Bonnie Payson attended the Harvard Business School of Cleveland's awards dinner at the Ritz Carlton Hotel in Cleveland on November 13. Bob Shearer, former trustee of Lake Erie College, was the 2013 recipient of the Dively Entrepreneurship Award. Shearer is the founder of Shearer Foods, Inc.

Shearer's citation was described in part, "his business and civic leadership have enriched our community. He has set an example for other entrepreneurs and business people to follow."

A lifelong resident of northeast Ohio, Shearer started his career in the food industry working at the family's grocery store. In 1974, he and his brother purchased a local potato chip delivery business and shortly began producing their own chips under the Shearer Foods name.

The business, acquired in 2012 by Wind Point Partners, now produces over 250 million pounds of potato chips and snacks, and also employs 1,850 associates. In his remarks, Shearer emphasized the importance of building partnership relationships with customers, suppliers and associates in ways that result in "win-win" outcomes.

Stojanovic and Payson had the opportunity to meet various business leaders and students from members of the Entrepreneurship Education Consortium, 11 colleges and universities in northeast Ohio who cooperate in promoting entrepreneurship.

This award is named for the late George Dively, former chairman and president of Harris Corporation, who grew Harris into a leading supplier of electronic control and communications systems. Over 50 years ago, Dively stated his belief that the future of the U.S. economy rested in the hands of entrepreneurs.


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