Woodhull LLC Announces Transition to Employee Ownership Through ESOP
Woodhull LLC Announces Transition to Employee Ownership Through ESOP
BTA member Woodhull LLC has announced it has transitioned to an Employee Stock Ownership Plan (ESOP), making its employees beneficial owners of the company.
This strategic move underscores Woodhull's longstanding commitment to its team and community by creating a structure that rewards employee contributions and ensures long-term stability and independence. Through the ESOP, 100% of the company's stock is now held in trust for the benefit of its employees, allowing them to directly share in the company's success and future growth.
"For 75 years, Woodhull has been built on the strength of our people and our values," said Robert Woodhull, president, Woodhull LLC. "Becoming an employee-owned company reinforces our belief that those who help build our success should also have the opportunity to benefit from it. This transition secures our legacy, enhances our culture and positions us for sustainable growth in the years ahead."
"This is not just a business decision — it's a reflection of our core belief that our people are our greatest asset," said
Susie Woodhull, CEO, Woodhull LLC. "Employee ownership aligns perfectly with our mission and values, and I couldn't be more excited to see the next chapter of Woodhull written by the very people who make it great every day."
Woodhull's transition to an ESOP not only strengthens its internal culture of accountability, ownership and excellence, but also sends a strong signal to customers, partners and the community that the company remains committed to delivering exceptional service through empowered and invested employees.
All existing leadership and management structures remain in place and day-to-day operations will continue uninterrupted. The move to employee ownership marks a new chapter in Woodhull's story — one focused on shared prosperity and long-term impact.