We’re proud to announce that PlaceWorks is now 100% employee owned through our newly established Employee Stock Ownership Plan (ESOP). Our ESOP offers all employees an equitable means of profit-sharing and enhanced retirement planning, while supporting our sustained growth and corporate stability.
Throughout our nearly 50-year history, PlaceWorks has fostered a culture of collaboration, mentorship, and innovation, and our transition to 100% employee ownership is a direct extension of that mindset. As we look to the future, the ESOP will help preserve PlaceWorks’ culture and bolster our commitment to the long-term growth and engagement of our team members.
In announcing the transition, PlaceWorks’ CEO Brian Judd stated, “Our employees have always been our biggest asset and the key to PlaceWorks’ success. With the establishment of the ESOP, all our employees have a meaningful stake in our continued success and directly benefit from the company’s performance and growth. Our team takes pride in the quality of our work and the strength of our reputation, and as employee-owners, we have a shared responsibility—to each other and our clients—to maintain our commitment to excellence.”
We are excited for this new chapter, and with the continued leadership of Brian and our management team, look forward to working and thriving together.