ITEX Pioneer Passes
Ted Pawlik, 62, passed away a week ago. And while many in today�s
barter industry might not know about Pawlik, he played an important
role in getting ITEX�now the largest barter company in the U.S.�off
ITEX was incorporated in 1982 under founder Terry Neal in Phoenix,
Arizona. Ted Pawlik, like Neal, had been in the office equipment
field prior to joining up with Neal to become vice president of
sales for the newly formed ITEX.
Neal had lost everything, when he decided to manufacturer copy
machines in Japan during the Carter Administration, which saw
soaring interest rates and international currency fluctuations
whipsawing his investments.
Starting over, Neal, the married father of eight, was living in a
motel in Phoenix when he started studying the retail trade exchange
industry and the concept of the trade dollar.
Pawlik At His Side From The Beginning
Providing the transportation for the new company was Pawlik�s
motorcycle, and it was his Visa card that funded the startup.
Additionally, Pawlik was the lead man when ITEX started converting
both failed Exchange Enterprises offices and Barter System
International offices into ITEX in 1983 and �84.
In 1993 Pawlik left ITEX, returning to the office equipment field in
Phoenix. The proud father of two, he was a big supporter of AA and
was sober his last 18 years. Although he had a bout with cancer, he
never lost his zest for living and went skydiving on his birthday
this past August.