On July 24, 2023, Kemp proudly became a 100% employee-owned company through the formation of an Employee Stock Ownership Plan (ESOP). This milestone marks a defining moment in our company’s history—one that honors our legacy while securing our future through shared ownership.
An ESOP (Employee Stock Ownership Plan) is a retirement benefit plan that gives employees an ownership interest in the company. Through the ESOP, employees receive shares over time, building equity in the company as it grows. Unlike traditional ownership models, an ESOP turns employees into beneficial owners, aligning everyone’s interests around shared success.
The decision to transition to an ESOP was guided by our core values—integrity, teamwork, and long-term commitment. It ensures that the people who help build our projects and culture every day now also build personal wealth through the value they help create. It allows those who shape our projects and culture to also build personal wealth from the value they create.
As an ESOP company, Kemp brings even more to the table.
Every team member is invested in delivering quality work.
The ESOP ensures a sustainable ownership structure for future generations.
Employee ownership fosters collaboration, loyalty, and pride in every project.
Employee ownership reflects the heart of Kemp: a company built on relationships, craftsmanship, and commitment. As we look to the future, we do so as a united team of employee owners, driven by purpose, empowered to lead, and proud to own what we build.