KC Construction Firm McCownGordon Says It Is Now 100% Employee-Owned

McCownGordon announced today that it had completed implementation of an Employee Stock Ownership Plan, making the Kansas City construction firm 100 percent employee-owned. The move was effective Jan. 1.

In a news release, the company said the move was part of a succession plan that would enhance its culture and position the firm for regional growth. It was founded in 1999 by Pat McCown, the current CEO, and Brett Gordon, the company’s president, both of whom retain their positions. In addition, the business strategy will remain unchanged, the release said.

“We always knew that company ownership would be broader than just a few people,” McCown said. “We have grown exponentially and we are excited for this transition to continue to build upon our outstanding foundation as a company and drive performance for our clients.”