Whitewood ESOP

John Thomas Furniture, a division of Whitewood Industries, has been a 100% employee-owned company since July of 2017. Whitewood Industries was founded in 1982 by Jorge Matta and Ron Feibel. They decided to move forward with an Employee Stock Ownership Plan (ESOP) to ensure the company's legacy and long-term financial stability. This promotes an ownership culture where all Whitewood Employee Owners succeed together.

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Whitewood's ESOP is designed to provide it's employee owners with additional income for retirement. This is no cost to participate. Employees must be at least 21 years of age, and complete one year of service with Whitewood Industries while working at least 1000 hours that year.

Whitewood's ESOP is designed to provide employee owners with additional income for retirement. There is no cost to participate. Employees must be at least 21 years of age, and complete one year of service with Whitewood Industries while working at least 1,000 hours that year.

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Over time, shares grow in number and value as the business grows and experiences success. Employee efforts directly impact the value of the Whitewood ESOP.

Noteworthy Mentions

"Taking pride in your work and being the best you can be, makes a lot of difference. They have an opportunity at Whitewood to do that and to be appreciated for that, because the attitude of Whitewood is about the employees...and you don't see that just anywhere!"

Hear more from retired Employee Owner, Jerry Bare HERE.

Congratulations!!!

Rebeka Kelley, Customer Service Represenitive, is the winner of the Whitewood ESOP Logo Contest for 2023!

Rebeka's design received the most votes company-wide!

Check Out Our Employees In Action