Employee Stock Ownership Program

Mead Lumber Employee Stock Ownership Plan (ESOP)

Working at a 100% employee-owned company like Mead Lumber offers numerous benefits that can significantly enhance both the professional and personal lives of its employees. Under the Employee Stock Ownership Plan (ESOP), one of the primary advantages is the direct correlation between employees’ efforts and their financial rewards. As owners, employees at Mead Lumber share in the profits of the company, which not only boosts motivation but also fosters a sense of ownership and responsibility towards the company’s success. This structure encourages a culture of collaboration and innovation, as everyone works towards a common goal of business growth, knowing that their individual contributions have a tangible impact on their personal and collective financial well-being.


Mead Lumber ESOP Communication and Education Committee

The Mead Lumber ESOP Communication and Education Committee was formed to support the company’s Mission and Core Values through ESOP-based education, communication, training, activities, and culture building. It’s made up of volunteer representatives from different locations throughout the Mead Lumber footprint that are passionate about what Mead Lumber stands for and have a strong desire to strengthen our employee-owner community and culture.

Currently, the committee objectives are:

  • Educate employees about Mead’s ESOP plan, how it builds employee wealth, and what they can do to help maximize Mead’s performance.
  • Support and build upon the company’s Culture, Mission, and Core Values
  • Instill the value of the ESOP to employee-owners, thereby creating a more informed, engaged, and capable workforce.
  • Communicate employee ownership benefits and responsibilities

Current Communication and Education Committee Members

Gene Fiester

Gene Fiester Mead Lumber ESOP Committee

Yard Supervisor/Dispatcher

Mead Lumber of Lincoln

Marlis Fletcher

Marlis Fletcher Mead Lumber ESOP Committee

Component Coordinator

Truss Craft of Kansas

David Larson

David Larson Mead Lumber ESOP Committee

Load Builder

Knecht Lumber & Distribution

Kevin Overgaard

Kevin Overgaard Mead Lumber ESOP Committee

Inventory Specialist

Munn Lumber – Ames, IA

Jeremy Savage

Jeremy Savage Mead Lumber ESOP Committee

Yard Leader

Mead Lumber of Ada

Rick Simmons

Rick Simmons Mead Lumber ESOP Committee

Inventory Specialist

Knecht Home Center of Spearfish

Savannah Smith

Savannah Smith Mead Lumber ESOP Committee

Component Coordinator

Truss Craft Nebraska

Isaaiah Williams

Isaaiah Williams Mead Lumber ESOP Committee

Office Assistant

Mead Lumber of Kansas City

Bret Williams

Committee Chair

HR Director

Mead Lumber

Joni Konwinski

Committee Vice Chair

HR Manager

Mead Lumber