The co-founder and chairman of Indianapolis-based POLARIS Laboratories has died. Don Woods helped build the company into a global player in the oil analysis industry since its founding in 1999. He was 59.
Woods was a native of Pendleton and a graduate of Purdue University who went on to create a global business with POLARIS after spending 18 years as an information systems manager at Lubricon. During his career, he was twice nominated for the Ernst & Young Entrepreneur of the Year Award.
"Don was an inspirational leader who was truly valued and cherished not just as a company leader but also as a friend and mentor by each and every employee who ever worked at POLARIS Laboratories," said Bryan Debshaw, chief executive officer for POLARIS. "He not only helped set the industry standard for developing cutting-edge technology solutions, but also for providing the best service possible to our customers, and that’s what we will continue to do in his memory."
POLARIS says the company will continue to be led by its two surviving owners, Debshaw and Chief Science Officer Jeff White.