A Legacy Shared: The Story Behind Pennoni's Employee Stock Ownership Plan (ESOP)

Описание: In Episode 4 of the What’s Possible Podcast, host Bob McGee sits down with Pennoni founder and chairman of the board, C.R. “Chuck” Pennoni, and chairman of Pennoni ESOP trustees, Mark Celoni, to explore what it truly means to be an employee-owned company.

Together, they reflect on how Pennoni’s Employee Stock Ownership Plan (ESOP) took shape, how it continues to drive innovation and shared success and how employee ownership has strengthened our culture, longevity and the spirit of collaboration that defines Pennoni.

Tune in for an inside look at how ownership fuels opportunity and how we continue to grow together as Partners for What’s Possible.

00:00 Introduction to ESOP at Pennoni
00:53 Founding and Early Days of Pennoni
04:05 Journey to Becoming an ESOP
08:06 Employee Perspectives on ESOP
13:21 Pennoni's ESOP Today and Future Outlook
23:44 Unique Aspects of Pennoni's ESOP
31:15 Conclusion and Final Thoughts

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As a multidisciplinary consulting engineering firm founded more than five decades ago, Pennoni approaches engineering challenges from a wider spectrum of angles than most, from land development to energy management. Our goal is to help communities and private sector clients alike navigate the ever-changing technological advancements available and learn how best to integrate “smart” solutions into the current landscape and make them a part of resilient and sustainable planning. Our combination of talent and experience generates unprecedented solutions for diverse and iconic projects around the globe. We are your Partner for what's Possible!

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