28
THE DAVEY BULLETIN
|
September/October 2018
OWNER'S BOX
"
Stock owners company-
wide are on the same
page with how they
want the company to
be successful. We take
pride in the Davey
name. Davey isn't 'just
a job.' It's a career.
Employees look at
Davey as a career
investment that affords
them the opportunity
to retire from Davey
off their stock earnings.
Which is why we
probably have so many
long-term employees.
Everybody has that
mindset of, 'I'm going
to be here until I retire.'
Regardless, we are one
big Davey family and
should take pride in
where we work, stock
or no stock.
"
ABOVE THE CANOPY
DAVEY CLIMBS TO 12
TH
SPOT
ON EMPLOYEE-OWNERSHIP LIST
Davey is now the 12th largest employee-owned company in the U.S., according
to the National Center for Employee Ownership (NCEO).
The NCEO's 2018 Employee Ownership 100 list includes the nation's largest
companies that are majority owned by an employee stock ownership plan (ESOP)
or other broad-based employee ownership plan. The 2018 list shows Davey's
growth, as the company moved from the 13th largest company in 2017 to the
12th largest in 2018.
Davey, which employs over 9,500 people, has been employee-owned since 1979
when employees successfully bought the company from the family
of its founder, John Davey.
"Our 9,500 dedicated employees continue to be trusted advisors and service
providers to our clients, leading to tremendous opportunities for growth for our
company and employee-owners," said Pat Covey, president and CEO. "A relentless
focus on the strength and development of our employees is the driving force
behind our success and strong performance."
Collectively, the top 100 employee-owned companies on the 2018 list employ
more than 606,000 people. Across the U.S., there are about 6,700 ESOPs,
according to research conducted by the NCEO. Details on this list and more
can be found at the NCEO website, www.nceo.org.
Davey Resource Group employees celebrate Davey's ranking on the NCEO Top 100 list.
MEGAN TOWNSEND
client experience coordinator,
North Austin office,
Residential/Commercial services