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Fortune
Fortune
Rostyslav Vovk

I built a family business from scratch to $200 million. Now I’ve become its bottleneck

Rostyslav Vovk is CEO, Chairman of the Board, and co-owner of Kormotech, (Credit: courtesy of Kormotech)

In 2003, my father, my sister and I founded Kormotech, a Ukrainian family-run company producing cat and dog food; in 2008, I became its CEO. I made decisions quickly, trusted my intuition and didn’t believe in lengthy approval processes. Over 23 years, the company has grown into a business with revenue of $210 million, and we’ve become one of the world’s top 50 pet food manufacturers.

When, in 2021, we set ourselves the goal of becoming a global company, I realized that my management style, which had helped Kormotech grow, was now holding it back. I had become the bottleneck in my own business.

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