A recent Denver Post article explores Colorado’s leadership in the national push toward employee ownership, highlighting how the state is helping businesses transition to models that support long-term wealth-building and employee retention. Among those quoted is Mowa Haile, founder and CEO of Sky Blue Builders, who converted his company to an Employee Stock Ownership Plan (ESOP) earlier this year.
Haile, who comes from a tech background where stock ownership is more common, notes that employee ownership remains rare in construction — but sees it as an important step toward building a more sustainable and equitable company. The article also outlines how Colorado’s employee ownership office is providing technical support and funding to help more businesses make the transition.