September 26, 2024 - News & Media, Partner & Company Features
Ownership Works Founder Pete Stavros speaks with Leslie Picker, CNBC Business News Senior Banking & Finance Reporter, about GeoStabilization International’s sale, what employee-owners will earn as a result of the company’s employee ownership program, and KKR’s push for more employee ownership.
Watch the full video on CNBC.
At CoolIT Systems, more than 600 employees shared in the value they helped create through the company's employee ownership program, with payouts averaging $240,000.
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When KKR sold C.H.I. Overhead Doors, employee-owner Brad Edwards' payout wiped out debt and paid for his kids' college. 60 Minutes explores whether employee ownership is the key to building worker wealth.
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