CEO leaves company to her employees | April 5, 2013 | Mountain View Voice | Mountain View Online |


http://mv-voice.com/print/story/print/2013/04/05/ceo-leaves-company-to-her-employees


Mountain View Voice

News - April 5, 2013

CEO leaves company to her employees

Mountain View's Harrell Remodeling to carry on after founder retires

by Daniel DeBolt

When Iris Harrell decided to retire in 2001, she didn't have an heir to leave her remodeling company to, and didn't want to see it destroyed by a new owner. She she decided to give the company to her employees.

This story contains 1096 words.

If you are a paid subscriber, check to make sure you have logged in. Otherwise our system cannot recognize you as having full free access to our site.

If you are a paid print subscriber and haven't yet set up an online account, click here to get your online account activated.

Email Daniel DeBolt at ddebolt@mv-voice.com

Comments

Posted by Trinka Gillis, a resident of Sylvan Park
on Apr 7, 2013 at 9:35 pm

An inspirational story! It's wonderful to hear about such a great company. Thank yo.


Posted by CrescentParkAnon., a resident of another community
on Apr 15, 2013 at 8:44 pm

bet she got a lot more for her business selling it to her employees that she would have gotten selling it on the market ... she was just maximizing profit, and feminism has nothing to do with it.


Posted by CrescentParkAnon., a resident of another community
on Apr 15, 2013 at 8:45 pm

> There are 11,000 ESOP companies in the United States, including Kelley Moore Paints, Sleep Train, Round Table Pizza and Mountain View's garbage contractor, Recology. A pair of supermarket chains on the East Cast, Publix and Hy-Vee, have over 200,000 employee owners.

thanks, I did not know that.