Trideum Corporation is pleased to announce that it is now a 100% employee-owned company! From Trideum’s inception, the owners dreamed of building an “evergreen” company that would be around for 100 years or more, serving customers and providing benefits to its highly valued team members. The company was founded in February of 2005 by Van Sullivan, Kurt Lessmann, and Lewis Hundley, who are still actively working and leading the company today.
Since 2005, Trideum has grown to nearly 500 employees, a large percentage of whom are Veterans and/or industry experts with advanced degrees. The owners attribute their rapid growth and repeated appearances on the Inc. 5000 list of the fastest-growing privately-owned companies in the U.S. to Trideum’s commitment to quality, which earned customer loyalty, and their culture of Servant Leadership, Stewardship and Sacrifice, which resulted in employee loyalty and multiple work-place awards.
As the company approaches its 20-year anniversary, the owners felt that converting to Employee Ownership was a logical step in realizing their dream. Employee ownership is executed through an Employee Stock Ownership Plan (ESOP), a qualified retirement plan that augments their 401K, salary, and bonuses, and is a free benefit to Trideum’s employees..
“By instituting the ESOP, everyone wins,” said Van Sullivan. “The employees directly benefit from future growth, and our customers benefit as Trideum remains firmly in place to support their mission.”
Employee ownership provides a solid and secure future for Trideum’s employees and customers, setting the stage for continued growth and service.