Blue Earth based Bevcomm has announced it has transitioned from a 100% family owned company to a shared ownership with its employees through an Employee Stock Ownership Plan.
Bevcomm employees will own 49% of the company, while the Eckles family will maintain 51% ownership.
In addition to the transition to employee ownership, Bill Eckles, who has served as CEO for 23 years, will be stepping back from his role. The company announced recently Jake Anderson, previously the Director of Business Operations, will be taking over as the new CEO. Anderson has been with the company for nearly 30 years. Eckles will remain at Bevcomm in the role of Executive Chair.
The transition was finalized on July 1st, 2025.
Comments