SiteWorks now employee owned
Co-founder Chris Malham says the process to employee stock ownership plan prepares the company for a future and thanks employees who have been with the company from the beginning. read more
Co-founder Chris Malham says the process to employee stock ownership plan prepares the company for a future and thanks employees who have been with the company from the beginning. read more
The Davey Tree Expert Co. will team up with Certified Employee-Owned (Certified EO), a certification program for employee-owned companies in America. “As one of the oldest employee-owned companies in North America, Davey Tree is excited to partner with Certified EO,” said Pat Covey, Davey’s chairman, president and CEO. “Employee ownership is a big part of our culture, and we’re anxious... read more
GreenScapes Landscape Co., a Columbus, Ohio, based commercial and residential landscaping company, has been sold to its employees in an employee stock-ownership plan (ESOP), reports Columbus Business First. Bill Gerhardt, founder and president of the 42-year-old company, sold the operation to 75 full-time employees. The ESOP allows the employees to have an ownership stake in the firm through a trust.... read more
Arborwell transitioned to employee ownership by becoming a 100 percent Employee Stock Ownership Plan (ESOP) Trust, on Jan. 1. The Hayward, Calif.-based tree care company’s 200 employees became beneficial owners through the ESOP. Peter Sortwell, founder of Arborwell, views this as a natural step consistent with the firms’ recognition of employee contributions to the success of the company and his... read more
I’m writing this article from 37,000 feet up in the air on my way home from Dallas. As we boarded our Southwest Airlines flight, our flight attendant, Todd, asked for a show of hands: “How many of you know that Southwest Airlines allows bags to fly for free?” Most, if not all, raised our hands in compliance. Todd then asked,... read more