We are pleased to announce that it is now a 100% employee-owned company through an Employee Stock Ownership Plan (ESOP) Trust. The ESOP will further enable the company to continue its strong tradition of providing high quality service and technical expertise for many years to come.
An ESOP is an employee benefit plan, which provides company stock to employees as part of their retirement plan. By becoming 100% ESOP owned, all company stock is now held in trust by the ESOP exclusively for the benefit of Barton Associates, Inc. employees.
“The ESOP reinforces a true ownership culture and is another way to reward our employees for their passion and loyalty,” said Michael S. Rader, PE, President and CEO of Barton Associates, Inc. “We believe that long term growth for our employees, future employees and our clients are best served when all of us have a vested interest in its success. This is an exciting time for Barton and all of us have an even greater incentive to continue our mission of Making Buildings Work.”