CC&N and NEXT Electric named ’14 ESOP Company of the Year

Special to The Freeman

March 18, 2014

PEWAUKEE – CC&N and NEXT Electric Inc. have been named ESOP Company of the Year by the Wisconsin chapter of the ESOP Association.

An employee stock ownership plan is a benefit plan that allows employees to become owners of stock in the company.

Pewaukee-based CC&N and its subsidiary NEXT Electric were honored at the state ESOP conference on March 10 in Madison and will continue on to compete at the national level for ESOP Company of the Year, according to a statement.

CC&N and NEXT Electric were selected based on communication with employees, commitment to employee participation, wealth creation, individual dignity and worth and financial stability, the statement said.

“We’re extremely proud of this award because each of our employee-owners can take credit for it,” says Lisa Reardon, president and CEO of CC&N.

Ken Dixon, chair of the CC&N/NEXT ESOP Committee, said receiving the ESOP of the Year honor reflects the organizations’ efforts to increase employee involvement in 2013.

“Our efforts have made a significant impact on company culture by improving our approach to company communications, workflow, inter-department collaboration and response to customer needs,” says Dixon.