Dayton business leader Michael Shane dies

From a 2007 file photo: From left, Lastar, Inc. Vice Chairman Geoffrey Hyman, President Bill Diederich, and Chairman and CEO Michael Shane, hang on the bell that a salespeople ring once for every $1,000 on $1,000 and above orders.

Credit: CHRIS STEWART/DAYTON DAILY NEWS

Credit: CHRIS STEWART/DAYTON DAILY NEWS

From a 2007 file photo: From left, Lastar, Inc. Vice Chairman Geoffrey Hyman, President Bill Diederich, and Chairman and CEO Michael Shane, hang on the bell that a salespeople ring once for every $1,000 on $1,000 and above orders.

Michael Shane, who led a Dayton audio-visual technical products company for years, passed away Sunday, according to a blog post from his family.

From 1984 Shane shepherded Cables to Go (C2G) — later branded as Lastar Inc. — with two partners and was the company’s chairman in 2014 when he sold the company in February 2014.

In 2007, Lastar moved from a Webster Street warehouse in Dayton to 3555 Kettering Blvd. in Moraine. French company Legrand bought Lastar, including its Quiktron and C2G divisions, in 2014.

As a brand of Legrand, C2G’s offerings included cabinets, racks, cable management, and Wiremold raceway, power management products and much more.

By the time of the Legrand purchase, Lastar had nearly 1,000 employees with operations in nine locations across the United States, Europe and Asia. The year before the purchase, Lastar saw global revenues of more than $135 million.

“You need to be very comfortable, generally, with technology,” Shane said in 2011 when Lastar was looking for employees. “Geeks are welcome.”

Today, C2G is based at 6500 Poe Ave., Vandalia.

“Any of you who knew my dad know that he was a great man,” the family’s blog post said. “He loved his family, and he was so worried about leaving us.”

Shane served on the Dayton Children’s Hospital board, serving as chair from November 2015 to November 2017.

“Mike encouraged every one of us to live life to its fullest, to face whatever came our way with courage and optimism no matter how difficult the challenge,” Deb Feldman, Dayton Children’s chief executive, said in a statement.

“He was loved by so many for his thoughtfulness, intelligence and, of course, humor, and we at Dayton Children’s benefited from all those characteristics and many others,” she also said.

Shane also supported Dayton-area businesses, established and new, serving on the boards of Stillwater Technologies in Troy, P&C Pharma in Centerville, Ascend Innovations in Dayton and serving on the Investment Committee of Brixey & Meyer Capital LLC.

Shane’s funeral will be 2 p.m. Tuesday at Temple Israel, 130 Riverside Drive, Dayton, followed by burial at Beth Abraham Cemetery, the blog post said.

When an obituary is released, this story will be updated.

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