Meyer Najem, one of central Indiana’s most trusted construction companies, has transitioned to an Employee Stock Ownership Plan (ESOP), marking a significant milestone in the company’s history.
“An ESOP approach allows even more incentive for our employees to stay and grow here,” Founder and CEO Anthony Najem said. “This transition supports our plans for strategic growth, ensuring we remain competitive and resilient in a rapidly changing market.”
The decision was made to further empower employees, foster a culture of shared responsibility and collective success, and position the company for even more stability and growth.
“Starting as a Project Manager and Estimator in 1988, then on to becoming President and Partner, and now seeing our transition to an ESOP has been an incredible journey,” President Tim Russell said.
Meyer Najem was founded in 1987 by Anthony Najem and Karl Meyer. Since then, the organization has grown by taking care of its employees, focusing on culture, safety, and making a positive impact in the communities the business serves. Meyer Najem’s dedication to these core values has been the driving force behind its success and will continue to guide the future.
The company’s first project was Ellenberger Park Ice Rink Enclosure in Indianapolis. Since then, Meyer Najem has expanded into several markets, project types and delivery models in central Indiana and the southeastern United States. Some notable partnerships include the Veterans Health Administration and countless municipalities, school corporations, and healthcare systems.
Coming in at number five, Meyer Najem was recently recognized as one of the IBJ’s Fastest Growing Companies and as a Top Workplace in Indiana and Florida by USA Today, accomplishments that underscore the company’s commitment to excellence.
“Our commitment to our employees, our clients, and our community remains stronger than ever,” Founder and Chairman of the Board Karl Meyer said.