Davey Tree among nation’s largest employee-owned firms

///Davey Tree among nation’s largest employee-owned firms

Davey Tree among nation’s largest employee-owned firms

The Davey Tree Expert Co. in Kent is the nation’s 13th-largest employee-owned company and the largest in Ohio, according to the National Center for Employee Ownership.

The company is one of just two Ohio firms that made the 2017 “Employee Ownership 100” list put out by the organization.

“The entrepreneurial attitude that accompanies employee ownership is a driving factor in Davey’s success,” Pat Covey, Davey’s president and chief executive officer, said in a news release. “Fostering and encouraging that employee-ownership culture is integral to the Davey Company’s continued growth and strong performance.”

Davey has been an employee-owned company for 38 years after employees purchased the company from the John Davey family. It now has more than 9,000 employees.

Davey provides tree services, grounds maintenance and environmental services for the residential, utility, commercial and government markets in the United States and Canada.

The NCEO’s 2017 Employee Ownership 100 list includes the nation’s largest companies that are at least 50 percent owned by an employee stock ownership plan, or ESOP, or other broad-based employee ownership plan.

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2017-09-10T13:18:14+00:00 Tags: , , |