Firing the Boss

How Zycron CEO Darrell S. Freeman grew his company by replacing himself

Zycron founder Darrell S. Freeman (right) with CEO Steven Howard Smith (Photo by John Schweikert)

Darrell S. Freeman understands that in some ways, entrepreneurship is like flying a plane. As a pilot of a Piper Meridian, a single-engine turboprop, he routinely has to adjust for wind conditions, alter attitude or altitude, or roll left or right if necessary. As founder and executive chairman of Nashville-based Zycron Inc. (No. 86 on the BE Industrial/Service Companies list with $29.3 million in revenues), he also realizes the need to make adjustments within his company as circumstances dictate.

So he did something few entrepreneurs do–he fired himself. “The problem was that it didn’t grow. I attributed that stagnation to myself,” recalls Freeman, adding that he believes CEOs often overstay their terms. “I had gone past my shelf life and just because I was the owner did not mean that I should have stayed in that role. If I’m not performing, if I can’t grow the company to the next level, then I’m not the right person for the job,” he says.

So in early 2007, he brought in Steven Howard Smith to helm the company. Freeman felt Smith had the experience to grow Zycron since, as an executive with SCB Computer Technology Inc., he helped grow that company from $2 million to $150 million before it was acquired by CIBER Inc. Since then, revenues for the information technology services firm have risen some 60%–a growth rate Freeman attributes directly to the hiring of the new boss. Now the duo and their team look forward to continuing the growth track and reaching Freeman’s goal of turning the be 100s newcomer into a $100 million enterprise.

A Steady Ascent
“We work with IT departments and [chief information officers] and we manage every facet of IT including other vendors, software purchases, hardware purchases, and more important applications such as delivery and applications maintenance,” explains Smith. With clients that include the Tennessee Valley Authority and FedEx, the company derives some 60% of its revenues from government contracts.

(Continued on next page)

Pages: 1 2 3 4
  • Nowii

    What a film ! Every high school band sholud watch this and learn from these kids and great director and dedicated volunteers !! I doubt that too many would even think of using duct tape but it keeps them going ! And they appreciate it !! So many lessons to learn from this band.

  • Haider

    mom Posted on This is Lindsey funny I had the opposite pblroem on Sunday. Jonathan slept too long and at 3 am last night he thought it was day time and it was time to be wide awake!!! Ah, traveling with a baby:)And you can let Sara know that Jonathan often gives Darrell more smiles then me and the other day cried when Darrell left the room and was stuck with me! Thanks a lot kid!

  • Cena

    Your article is very inntrestieg, but you only tell us where you can purchase the ricefield eel in Singapore. What about in Malaysia? We could be purchasing the wrong type of eel. Thank you