Forbes curates a number of interesting lists, among them a list of the largest private companies in America. Today I was looking through this list and thought: how many of these companies are employee-owned?
Using our new Directory, I found that 11 of the 100 largest private companies on the Forbes list are likely to be employee-owned.
Two of them are Certified EO Members:
- #23 Wawa
- #53 WinCo Foods
Nine others have a broad-based ownership program that, to the best of our knowledge, owns at least 30% of the company:
- #5 Publix Super Markets
- #55 Graybar Electric
- #73 Sammons Enterprises
- #74 Hensel Phelps Construction
- #86 Schreiber Foods
- #94 McCarthy Holdings
- #96 Swinerton
- #97 Kehe Distributors
The fact that over 10% of the largest private companies in America are employee-owned is a powerful proof point that employee ownership works! The question for those of us that want to see employee ownership grow is: what would it take to get this number from 11 to 50?