Friday, November 28, 2014

Home News Davey named to Employee Ownership 100

Davey named to Employee Ownership 100

Industry News

Company named one of the 100 largest majority employee-owned companies in the country.

| July 20, 2010

KENT, Ohio – The Davey Tree Expert Company has been named as one of the 100 largest majority employee-owned companies in the country.  Davey is also the largest employee-owned company based in Ohio.

The list is compiled annually by the National Center for Employee Ownership (NCEO), a private, nonprofit membership and research organization in Oakland, Calif.

Davey, which was established in 1880 by John Davey, was purchased by its employees in 1979.

“Employee ownership at Davey has been a tradition for the past 30 years.  It has also been an essential part of our company’s success,” says Karl J. Warnke, Davey chairman, president and CEO.  “But perhaps more importantly, employee ownership will serve as a catalyst for Davey’s future endeavors.  The employee commitment will help drive the company through our next 30 years.”

Overall, there are about 11,400 companies in the U.S. with employee stock ownership plans (ESOPs), the most common form of broad-based employee ownership. About 13 million workers participate in these plans.  About half of these plans own a majority of the company’s stock.
 

Top news

Hydro-Rain and Philips Hadco win new product contest

More than four dozen new products vied for the top spot at the annual event.

People are strange

Thoughts from the floor of the 2014 Irrigation Show.

Irrigation innovation

Check out the newest products from the Irrigation Show.

New webinar series announced

IA offers a host of business and technical education opportunities for 2015.

Clean your plate

Marty Grunder gives three tips on how to move tasks from your plate to someone else’s.

x