We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.

logo
  • Engineers & Specifiers
  • Contractors & Installers
  • Wholesalers & Distributors
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Free Subscription
  • Sign In
  • Create Account
  • Sign Out
  • My Account
  • PRODUCTS
    • Bath & Kitchen
    • Fire Protection
    • HVAC
    • Hydronics/Radiant
    • Plumbing
    • PVF
    • Tools
  • PROJECTS
    • Commercial
    • Green Building
    • MRO/Retrofit
    • Remodeling
    • Residential
  • HOW TO
    • Design
    • Fire Protection
    • Legal Matters
    • Management
  • BUSINESS
    • Buying Groups
    • Technology
    • Associations
  • CODES & STANDARDS
    • ANSI
    • ASHRAE
    • ASSE
    • Regulations
    • Green Building
    • IAPMO
    • ICC
    • NFPA
  • RESOURCES
    • Media Kit
    • Advertise
    • Contact Us
    • Classifieds
    • Digital Editions
    • Behind the Wall
    • Webinars
    • AHR Live 2023
  • PODCASTS
  • DIGITAL EDITIONS
Home » Henderson Becomes Employee-Owned Company

Henderson Becomes Employee-Owned Company

April 5, 2022
No Comments
Henderson Becomes Employee-Owned Company

Henderson Companies, the parent company of Henderson Engineers and Henderson Building Solutions, has announced it has become a 100-percent employee-owned firm after launching an Employee Stock Ownership Plan (ESOP). 

“Henderson has always focused on providing a people-first culture where our employees could thrive and do their best work,” said Kevin Lewis, CEO and president of Henderson Companies. “Moving to an ESOP company was a natural next step in our firm’s evolution. Our employees are what sets us apart, so we want to empower them all to think and act like owners. As an ESOP, employees on all levels are more engaged and focused on client service because they have a stake in the success of Henderson.”

Henderson, which was founded in 1970 in Kansas City, Missouri, began as a small family business with three employees. Since then, it has evolved into a $197 million design and construction powerhouse that works for renowned brands across five different market sectors. Last year, the firm’s previous ownership group of 58 overwhelmingly voted to create an ESOP, enabling all eligible employees, regardless of rank, to own beneficial shares of Henderson Companies.

The announcement comes as Henderson simultaneously celebrates 52 years in business and reaches 1,000 employees nationwide. The move to an employee-owned company was part of a long-term leadership transition and company restructure that Henderson announced earlier this year.

“It’s fitting to be sharing this exciting news right as we hit two major milestones in our history in terms of our longevity and the size of our personnel,” explained Rich Smith, Henderson’s president emeritus who advocated for Henderson’s move to an ESOP during his tenure as CEO. “This has been something we’ve been working on for a number of years to protect the legacy and culture of Henderson for years to come. We consulted with several employee-owned firms within the AEC industry, and they all had nothing but positive things to say. We’re confident becoming an ESOP will mean continued success for Henderson employees and our clients.”

As part of the transition to an ESOP in January 2022, Henderson Companies named a new board of directors. The Henderson Companies Board is led by Robin Broder, Henderson’s chief marketing officer, as the newly elected chairman of the board. Other board members include new CEO Kevin Lewis along with Dave Haake, Shane Lutz, Drew Rimmer, Vince Masilionis, and Andrew Bennett. The Henderson Companies board also will include two external members, still to be announced, that will be non-employees.

Business Engineers & Specifiers Engineering Industry Community News
  • Related Articles

    Consumers Pipe & Supply Co. Becomes 100% Employee-Owned

    Employee-Owned PACE Supply Arrives in Medford

    Carrier Becomes Independent Company, Begins Trading on NYSE

  • Related Products

    Directory Listing - Premium

    Directory Listing - Free

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular

  • SLB Announces Newmans Valve as NEWCO Valve Supplier for Western Hemisphere

  • Duravit Announces New Hires and Promotions

  • PVF Roundtable Annual Golf Tournament Registration Now Open

  • Chicago Plumber’s Union Dyes Chicago River Green for St. Patrick’s Day 2023

Featured Video

Caleffi video thumb

The Gold Standard: Separation with NO Compromise

Industry Events

  • 26Mar

    MCAA 2023 Annual Convention

    Phoenix, AZ
  • 29Mar

    2023 SFPE European Conference & Expo

    Berlin ,
  • 11Apr

    ASA ELEVATE2023

    Charleston, SC
More Events

Subscribe to our newsletters & stay updated

Subscribe & Learn More

  • Tw03 2023 cover
    Learn More
  • Pe03 2023 cover
    Learn More
  • Phc03 2023 cover
    Learn More
  • Es 2022
    Learn More
Subscribe

More from PHCP Pros

  • Editorial Team
  • Home
  • Contact Us
  • About
  • Advertise

Follow Us

© 2023 All Rights Reserved

Design, CMS, Hosting & Web Development | ePublishing