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Town Square

CEO leaves company to her employees

Original post made on Apr 7, 2013

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.

Read the full story here Web Link posted Friday, April 5, 2013, 12:00 AM

Comments

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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.


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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.


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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.