In 2012, Dansko was thrilled to become a 100% employee owned
company through a new ESOP (Employee Stock Ownership Plan)!
"In any business, employees are the life-blood, they ARE
the business," said CEO and co-founder Mandy Cabot regarding
the decision to move from a partially employee owned company to one
that is 100% employee owned. "Through our employees, Dansko
will learn, evolve and regenerate itself virtually forever,
ensuring that we are able to deliver our brand promise today,
tomorrow and for generations to come."
The West Grove, Pennsylvania based footwear company employs 180
people and has recently opened a new 200,000 square foot
Distribution Center located near their corporate offices.
"This transition to 100% employee ownership marks the
continuation of Dansko's commitment to its employees, its
community and its values." said CEO and Co-founder Mandy Cabot
at the announcement in January 2012. At the company wide
celebration, every team member raised a glass and looked brightly
to the future, as the toast was made celebrating our newly 100%
employee owned company. And, and in keeping with a Dansko
tradition, there were cupcakes for all!