Firm 'invests in its future' with ESOP status, prepares for growth and expansion
Point B Inc., the Seattle-based perennial powerhouse on Consulting magazine's annual Best Firms to Work For ranking, announced that its employees now own 100 percent of the company's stock.
In a move designed to "invest in its employees' future," co-founder Tim Jenkins says the firm opted to redeem the remaining stock held by its founders. Jenkins, along with co-founders Darran Littlefield and Jim Hodge, will continue to serve on Point B's Board of Directors. The deal was completed on March 1.