Last week KE&G founder, Karol George and co-owner Ken Hoover announced their retirement from the Company. They will be stepping down and handing the reigns over to President Chris Albright, Vice-President Ed Anderson, and the rest of KE&G’s dedicated employees.
In 2006 KE&G began it’s conversion to an Employee Stock Ownership Plan (ESOP) company. For the last 8 years, employees owned 49% of KE&G’s shares with 51% still owned by Karol and Ken. This year, KE&G agreed to purchase the remaining 51% from Karol and Ken, relieving them from their duties as Chief Executive Officer and Executive Vice President of KE&G. In January of 2014 Chris Albright was promoted from Vice President / Tucson Manager to President of KE&G and Project Manager, Ed Anderson accepted the duties of Vice-President.
KE&G would like to thank Karol and Ken for their dedication and generosity. Their hard work, dedication and respect for the employees will be sadly missed. Enjoy this new phase of your life. Best wishes!
Congratulations all of KE&G’s dedicated employees who are now proud new owners of KE&G.