Owning a company takes a lot of work. Many of us still here today saw how C. Jack Corgan came to work every day with relentless drive and tremendous efforts to keep the ship afloat and move the thing forward. To recognize contribution and promote growth, he instituted a culture of sharing ownership with senior leaders in the firm, who then brought their own drive and effort to build the firm beyond what Jack could have done alone. This past year Corgan’s leadership team took that to the next level, asking ourselves, “Are many more of us, even deeper into our ranks, ready to think like owners and act like owners?” The answer was yes, and in response we placed a significant portion of the company’s ownership in a new employee stock ownership plan (ESOP) for all our employees.

Read more: CRE Opinion: Bridging the Gap to Build the Enterprise – D Magazine