On
June 1, 2022, our retiring owners (Roger Newman & Joe Scarfone) made the
unique decision to transition their business to employee-ownership. They
did so with the help of Teamshares, a national company helping small businesses
become employee-owned. As of January 2023, the Teamshares network
included 73 companies across 26 states and dozens of industries, representing
1,500+ employee owners and $24M+ in newfound wealth for these network company
employee owners. With the support and effort of the employee owners of Stahl
and other network companies, Teamshares is on a mission to create $10B in new
wealth for hard-working Americans over the next several years.
Our
team at Stahl is proud to be part of this larger network, sharing the belief
that employee-ownership is the future of small business and will produce better
outcomes for businesses, employee owners, and the communities they serve.
Following the sale in June, Teamshares placed Susan Taylor as our President, to
lead her fellow employee owners through the transition and into our future of
ownership. An Army veteran and Western PA native, she will draw from her
diverse background leading various service organizations, to assist us in
providing dependable products & services to the communities we serve.
We are proud to be employee-owned and grateful to be members of the Teamshares
network. Since 1950, Stahl Plumbing, Heating & Air Conditioning, Inc.
has reliably served the Pittsburgh area, and we look forward to delivering
valuable services for years to come.
Learn
more about Teamshares' mission to create new wealth for hardworking Americans here.
Read the full article here