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Evolve Technologies launches an Employee Stock Ownership Plan!

Evolve Technologies is thrilled to announce the launch of our Employee Stock Ownership Plan (ESOP) on July 1, 2023!

We are proud to share that our dedicated team of fifty-plus employees now owns nearly half of Evolve, while the family estate of our founder, Tyler Mayne, holds the remainder. This milestone achievement marks a significant step towards building a stronger, more inclusive future for our company.

Maira Paulino Mayne, personal representative of the estate, expressed her joy, saying, “We, the family, are very happy to accomplish this huge milestone for Evolve, and to share the success of the company with those who helped build it.”

With our unwavering commitment to excellence, Evolve has been achieving record-breaking sales and profits since the return of the live-entertainment industry in late 2021. Our culture, values, and unique employee benefits have fostered an environment where employee turnover is remarkably low.

Bob Huskey, our President and longest-tenured employee, shared his excitement, stating,
”I know that Tyler would be very pleased with the ESOP. Our business model tied to the inspiration and motivation of an ESOP will elevate Evolve to the highest level. The benefit to our customers is that everyone they work with at Evolve is an owner working towards the perfect experience.”

We extend our heartfelt thanks to all our employees, whose dedication and passion have propelled us to this milestone. Together, as owners, we are ready to shape the future of Evolve Technologies and continue providing unparalleled service to our valued customers.

Please stay tuned for more exciting updates as we begin this thrilling chapter. We’re Evolve, and we’re behind the scenes and in front of the industry!

Written By
July 13, 2023