Retirement: Employee Ownership's Ultimate Reward

by Jodi Holland on 12/13/23 1:35 PM

As the year draws to a close, we at DVL are preparing to say goodbye to three of our most dedicated and tenured employee owners, Jim Boyle, Ed Remington, and Lissa Wolf, all based out of our Philadelphia area office. We will miss them, but we couldn’t be happier for them as we send them off into the great world of retirement. DVL is an employee owned company, which means each employee benefits from our Employee Stock Ownership Plan (ESOP), a retirement fund that is 100% funded by the company. To make that sound even more amazing, this is in addition to our 401(k) plan and company match.

At DVL, retirement isn’t just the end of someone’s journey, but rather just the beginning of everything they’ve been working towards as an employee owner. Employees are encouraged to think like owners as they make decisions in their day-to-day life, all with the shared goal of making the company as profitable as possible, so that the workers themselves can enjoy those benefits.

With that being said, the employee owners of DVL want to congratulate Jim, Ed, and Lissa on reaching this most exciting (and ultimate) milestone of any employee owner’s ownership journey. You’ve worked tremendously hard, you’ve all impacted our company and our ESOP for the better, and we wish you nothing less than the huge pot of gold at the end of the rainbow.

Senior Director of Finance

Years at DVL: Almost 19
Senior Project Manager

Years at DVL: Almost 26
Parts Sales Manager

Years at DVL: 42*


*While DVL was not founded until 1985, in 1981, Lissa began working at a company that DVL acquired in the 1980s.

Read More

Topics: employee owned, retirement

Subscribe to Our Blog

Recent Posts

Posts by Tag

see all