Our spirit is passionate to the core and our dedication unwavering. When you have this much skin in the game, devotion to success is natural. That’s what it means to be 100% employee-owned.
It’s not just another way of doing business;for us, it’s personal.
CHOATE BECAME 100% EMPLOYEE-OWNED IN 2016 THROUGH THE IMPLEMENTATION OF AN EMPLOYEE STOCK OWNERSHIP PLAN.
Following that implementation, our employees became much more than figurative partners; they share in the financial and operational success of our company in ways that few do. Employees receive tangible long-term retirement benefits as Choate prospers, benefits which extend beyond our 401(k) profit-sharing program. A participative management and “all in” approach has also resulted in intangible benefits, including:
Keeping the business “in the family” not only complements our core values and mission, it honors and supports the people who’ve built this company – those who continue to drive all we do and the vibrant culture we keep.
Choate operates like a giant family, which breeds a unique loyalty. Now, the ESOP is icing on the cake! I'm honored to serve on the ESOP Communications Committee to further Choate's employee ownership culture.
- Mike Nickel, Superintendent
Every employee-owner you come into contact with, from the jobsite to the office, has a personal stake in helping projects and relationships rise to their highest potential. And we wouldn’t have it any other way.