desire to pass the business on to the people who helped him build it. While discussions were initiated prior to his passing in 2000, it was the executive team—including Carter Marsh, Tammi Bryant, Jack Anderson, Chuck Cross, and Louie Sevier—who, after Mr. Locke’s death, formalized the ESOP and purchased the company from his widow, Wanda. This transition honored Don Locke’s legacy and cemented an ownership model that profoundly shaped the company’s culture and long-term strategy. Today, Locke Supply Co.’s leadership views communicating the full value of the ESOP structure to its employee-owners, clients, and other stakeholders as a continuous endeavor. 8 BUSINESS VIEW MAGAZINE VOLUME 12, ISSUE 07 LOCKE SUPPLY COMPANY
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