Burns & McDonnell is an American architecture and engineering company based in Kansas City, Missouri, and is owned 100% by its employees. It was established in 1898 by Clinton Sumner Burns and Robert Emmett McDonnell, two engineers. In October 2021, it had a workforce of 7,600. In April 2023, it was announced that the current CEO Ray Kowalik would retire at the end of 2023 and be replaced by Leslie Duke. Its status as employee owned is considered a factor in producing higher workforce efficiency. The Employee Stock Ownership Plan (ESOP) owns 98% of Burns & McDonnell while management accounts for the remaining 2%. All employees have the right to join the ESOP and are provided shares according to their contribution to the company with a cap of up to $265,000. Its workforce grew from 600 in 1985, to 5,600 in 2016 while its annual revenue rose from $41 million to $2.5 billion in the same timespan. By 2021, it had 7,600 employee-owners and the revenue rose to $5.7 billion in 2022. In 2016, it introduced a flexibility plan, which allowed the employees to shape their workplans in a way that they could take off every second Friday. More information...
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