Employee-owned Company Marks 100-year Milestone  - CLEO Skip to main content

Summary

Chris Newcomb, president and CEO of McElhanney Group, has been with the company for 31 of its 100 years. He says its success, with about 800 staff and $100-million annual revenue, comes from thinking like a smaller business and being grounded locally.

The way the company is organized has helped foster that culture. Forty per cent of the key staff, around 320 staff members, own 100 per cent of the shares. Mr. Newcomb says this drives the success of the company collectively.