It’s been almost 10 years since Shiel Sexton rolled out its Employee Stock Ownership Plan (ESOP) Many companies in the construction industry elect to transition ownership through an Employee Stock Ownership Plan (ESOP) when there are no significant majority shareholders available to buy-out the existing shareholder(s). Based on our company culture and the dedication and commitment Shiel Sexton employees demonstrate every day, choosing the employee ownership approach was a no-brainer. This succession plan has put into place a smooth transition of ownership and a permanent plan to perpetuate the company.
What does this mean to you as our client/partner firms? It means that all 339 Shiel Sexton employees have a vested interest in the success of the company. The decisions they make every day, on your projects and with your firms, impact the outcomes of tomorrow. Each individual has the ability to make an immediate impact on the financial success of the company, which leads to innovative solutions, efficient process and the overall attitude of making it right the first time. At Shiel Sexton, our culture thrives on pushing each of us to be our best at all times without hesitation. We work relentlessly to hold ourselves to this exceptional standard each day. And as employee-owners, we commit this high standard to you as our client. This is what we do. It’s what defines our company and our culture. We are all employee-owners and We Build for People Who Expect More.