So when numerous outside parties offered to purchase Healics, Patti rebuffed them all. None could guarantee the fate of her employees. It was a non-starter.
Meanwhile, a longstanding manufacturing company near Healics was purchased – and promptly shut down – by a third-party buyer. Dozens of workers lost their jobs. Observing the calamity made Patti more determined than ever to find a long-term solution for her workforce.
She soon heard about ESOPs. Here, it seemed, was a vehicle to motivate already hard-working employees, and provide even more reward for their industriousness.
More so, the ESOP approach fit her philosophy of caring. Workers were given “skin in the game.” The company’s future was in their hands. What could be more empowering?
When you work with Patti, it’s good to understand what really drives her. If you share the same passion – caring for others, especially those who have made your organization successful – you’ll make a great team.