January 15, 2016

Prominent ESOP Companies Announce New CEOs

Executive Director

Todd Jones, who began his career at Publix Supermarkets 36 years ago as a store clerk, will become the company's CEO in April. Publix has consistently been ranked #1 on the NCEO list of majority employee-owned companies. Jones will be the first CEO of Publix who is not a member of the company's founding family. Elsewhere on the list, #23 Burns & McDonnell Engineering announced that Ray Kowalik would be its new CEO. Current CEO Greg Graves called Kowalik "a fierce promoter of our employee-owned culture." Baird, #52, also has a new CEO, Steve Booth. Booth says "Being privately held and associate-owned is our single most important competitive advantage because it enables us to make long-term decisions and investments to serve our clients and to create a great workplace."