Warren Burros, one of the original staffers at SRC Holdings Corp., died April 8 after contracting COVID-19, according to a blog post from company CEO Jack Stack. Burros was 79.
Burros joined the SRC team in 1983, according to the blog post. That year, Stack and others borrowed $9 million to buy the business from its former parent company, International Harvester, in order to keep it open, according to past reporting.
Stack said Burros retired in 2006, after which he served as a creditor counselor.
"My hope is that all of the people Warren helped over the years might be in a better financial position to weather the crisis we are all now trying to survive," Stack said in the post, noting Burros "applied the literacy lessons he learned playing the Great Game of Business," the CEO's open-book management system.
"Now is the time Warren’s work matters the most."
In the blog post, Stack sampled a portion of his book, "Change the Game," in which Burros was quoted.
Burros said in the book that he applied lessons learned on managing money into his life, which led him to retire debt-free.
“Once I learned the basics of monitoring the income that was coming in compared to what was going out, to watch the ebb and flow of the money, it changed everything for me. It allowed me to come up with a plan and to execute on it," he wrote in the book.
Burros' obituary indicates he worked at SRC as a warehouse group leader. A memorial is slated to be scheduled after social distancing rules are lifted.
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