SES Environmental – Now 100% Employee-Owned
Fort Wayne, Ind. –SES Environmental, a full service environmental, health and safety compliance firm with six offices in the United States, announced today that it has transferred 100% ownership of the company to its employees via an Employee Stock Ownership Plan (ESOP).
An ESOP is a qualified retirement plan that buys, holds, and sells company stock for the benefit of the employees, providing them with an ownership stake in the company.
“The company has been privately owned since its founding 27 years ago,” said Dave Nystuen, President. “This transition to employee ownership goes beyond just providing a retirement plan. The core of our success has been the dedication and hard work of each and every employee, and their commitment to our clients. In recognition of these efforts, we are rewarding our employees with full beneficial ownership of the company.”