Heumann Environmental Company Transitions to Employee Ownership 

FOR IMMEDIATE RELEASE 

[Jeffersonville, IN] – March 14, 2025 – Heumann Environmental Company (HEC) is proud to announce a major milestone in its history: the transition to an Employee Ownership Trust (EOT). Founder Bill Heumann officially transferred ownership of the company to the Heumann Environmental Employee Ownership Trust on Saturday, March 1, 2025. 

A Sustainable Model for Long-Term Success 

Business sustainability often hinges on ownership stability. Each time a company changes hands, financial burdens increase as profits must generate returns for new owners. To ensure long-term success, businesses must establish clear ownership and operational succession plans. 

At HEC, employee ownership provides a forward-thinking solution that fosters economic stability and shared prosperity. “For years, I have envisioned employee ownership as the future of HEC, and I am delighted that we have achieved this goal,” said Heumann. “This transition represents a new chapter—one that ensures a shared stake in our success and a commitment to long-term sustainability.” 

How the Employee Ownership Trust Works 

HEC will transition ownership through an Employee Ownership Trust, which will: 

Gradually buy out Heumann’s ownership. 
Use company profits to repay debt, invest in growth, and distribute annual profit shares to employees when financial obligations are met. 
Serve as a permanent ownership structure, ensuring stability for future generations. 

Empowering Employees & Strengthening Workplace Culture 

“This is your company,” Heumann emphasized to employees. “The more engaged and informed you are, the more successful we will be as a team…If the company continues to thrive, our employee-partners can experience life-changing increases in wealth and job satisfaction.” 

The EOT model is designed to benefit employees directly by providing:

Higher wages
Increased job security
A safer workplace
Greater workplace satisfaction

If the company continues to thrive, our employee-partners can experience life-changing increases in wealth and job satisfaction.

-Bill Heumann

Governance & Leadership 

The company will now be overseen by a Board of Directors, chaired by Heumann. Leadership responsibilities will be distributed among: 

The Trust Controller 
The Trustee 
A Board of Directors (including two external industry leaders and two employee-nominated members) 

HEC management will report to the Board, ensuring transparency and accountability as the company moves into this new era of ownership. 

This transition solidifies HEC’s commitment to its employees and long-term success—an exciting step toward a future where everyone shares in the company’s growth and prosperity. 

For media inquiries, please contact:
Jacqueline Heumann
Marketing Specialist
[email protected]
630-204-8615

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