The Motz Group Proudly Becomes Employee Owned Through an ESOP Formation
The Motz Group, leading provider of comprehensive performance-based synthetic and high-performance natural field systems, is now employee owned after launching an employee stock ownership plan (ESOP).
Founded in 1977 and serving the high-performance natural and synthetic turf markets, The Motz Group is one of the most recognized and highly respected turf system specialists in the world. Celebrating more than 40 years in the industry, the Company proudly stands behind their products and services to ensure long-lasting, prosperous relationships with their valued customer base.
Now operating as an ESOP, The Motz Group is able to offer employees the opportunity to share beneficial ownership in the Company. “This transition to an ESOP will further drive employee engagement, ensure customer satisfaction, and help attract new talent,” explains Joe Motz, founder of The Motz Group. Motz breeds an award-winning company culture ultimately fueled by its dedicated employees. This shift provides those employees the opportunity to more directly benefit from their efforts.
The Motz Group has always placed great emphasis on developing a sustainable organization built on five foundational values: Championship Quality, Integrity, Think Like an Owner, Innovation, and Self Enrichment, according to Motz. “I have spent more than four decades fostering The Motz Group and I am grateful for the many milestones achieved. This incredible journey, however, is not one which I’ve traveled alone. It was made possible because of the strengths, talents, and commitments of our dedicated team members,” he says. “It is with appreciation and gratitude that I now share ownership with those who have helped build this organization and will continue to take it to new heights in the future.”
The move to an ESOP will not change the management structure of The Motz Group. Joe Motz will continue to fulfill his current role as Chief Executive Officer. The Executive Team members will also remain in their roles: Zach Burns, President and Kevin McDonnell, Chief Financial Officer. In addition, the Company will remain committed to promoting a positive and professional work environment where people matter. Motz adds, “This move to an ESOP simply underscores the depth of commitment to our employees and the value we place on partnering with our employee-owners to deliver exceptional service to our customers.”