Davey Tree Ranks Fourth on Employee Ownership List

Kent, Ohio — The Davey Tree Expert Company has been ranked the fourth-largest 100 percent employee-owned company in the U.S., according to the National Center for Employee Ownership.

The rankings are based on total number of employees, and Davey’s 7,400 employees throughout North America placed it high on the list.

“Employee ownership at Davey has been a tradition for more than 30 years, and it is an essential piece of our company’s success,” said Karl Warnke, Davey’s chairman, president and CEO. “Even more importantly, our commitment to employee ownership serves as a catalyst for Davey’s future endeavors and growth.”

The list includes the nation’s largest companies that are at least 50 percent owned by an Employee Stock Ownership Plan or other broad-based employee-ownership plan. Davey ranks 18th among all companies with at least 50 percent employee ownership.

Companies on the list employ 687,000 people worldwide, up from 614,000 last year. The largest company on the list employs 152,000 workers, while the smallest employs 1,100.

More information about the Employee Ownership 100 list can be found at NCEO’s website at www.nceo.org.

The Davey Tree Expert Company, with U.S. and Canadian operations in more than 45 states and five provinces, provides a variety of tree care, grounds maintenance and consulting services for the residential, commercial, utility and government markets. Founded in 1880, Davey is employee-owned and has more than 7,000 employees who provide Proven Solutions for a Growing World. For more information, visit www.davey.com.

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