E.B. Horsman & Son Announces EMPOWER Employee Share Ownership Plan

EIN EBHempower 400

Oct 21, 2020

E.B. Horsman & Son is excited to announce EMPOWER, their Employee Share Ownership Plan (ESOP). 

The entrepreneurial spirit and exceptional commitment of their employees, customers and suppliers has helped them become one of the fastest-growing independently owned, full-line electrical distributors in Western Canada. EMPOWER is part of their long term strategy to remain “the electrical distributor of choice!”

 “Our Employee Share Ownership Program, EMPOWER, is the natural evolution of our organizational culture,” said Tim Horsman, President and CEO of E.B. Horsman & Son. “We have always benefited from encouraging an ownership mindset with our employees, so it only made sense that we have an ESOP that engages our team in an ownership program that rewards long-term enterprise value creation. Our team’s engagement in a customer-first attitude, bias for action, aversion to bureaucracy and long-term vision has benefited us for five  (5) generations – and EMPOWER truly reinforces those values.”

In their 120th anniversary year, E.B. Horsman & Son’s EMPOWER program is a significant milestone that sets the course for generations to come.

 

{youtube}6JtxLAULBZE{/youtube}

 

Related Articles


Changing Scene

  • ABB to Acquire Advantics, Expanding Direct Current Portfolio

    ABB to Acquire Advantics, Expanding Direct Current Portfolio

    ABB is acquiring Advantics, a specialist provider of Silicon Carbide-based power conversion solutions based in France. The acquisition expands ABB’s Direct Current (DC) portfolio and positions the company to serve accelerating demand for efficient DC solutions across data centers, industrial microgrids, power generation and EV infrastructure. Financial terms were not disclosed. The transaction is expected… Read More…

  • Melanie Walker & Kevin MacEwen: New Additions to the Hammond Manufacturing Inside Sales Team

    Melanie Walker & Kevin MacEwen: New Additions to the Hammond Manufacturing Inside Sales Team

    As part of Hammond’s investment in the Western Canadian market, the company has expanded its inside sales team. Based out of its NEW Calgary office, Melanie Walker and Kevin MacEwen will serve as the first point of contact for Hammnd Manufacturing’s electrical enclosure customers in British Columbia, Alberta, and Saskatchewan. Kevin and Melanie will be looking… Read More…


Peers & Profiles