In 2007, Spiezle Group, Inc. (SGI) successfully transitioned from a privately owned firm to a 100% Employee-Owned entity via an Employee Stock Ownership Plan (ESOP).
Scott Spiezle strongly believed that an ESOP was the best strategy for his ownership transition. The ESOP fulfilled his desire to reward the firm’s employees for their dedicated service and hard work by offering ownership potential to eligible team members. This transition was welcomed by all staff members, whose pride in the firm now has ownership incentive.
The ESOP is a win-win for team members and clients. Most employee-owned firms outperform their competition as staff recognize the impact of their day-to-day performance.
Spiezle is proud to be a member of the National Center for Employee Ownership (NCEO).
For additional information on ESOP’s, visit the NCEO or The ESOP Association websites at: