LBS Named 2023 Employee-Owned Company of the Year in Iowa

The IA/NE Chapter of The ESOP Association named LBS, a 100% employee-owned company based in Des Moines, Iowa, as the 2023 Employee Owned Company of the Year.

This award is given to an ESOP company that shows a strong commitment to employee ownership through its involvement with The ESOP Association and its programs, its clear communication with employees and its commitment to The ESOP Association’s vision of endorsing employee participation, wealth creation and individual dignity and worth.

LBS became an ESOP in 2014 and is 100% employee-owned. “We are very proud to receive the Employee Owned Company of the Year award! It says to our community, our customers and most of all our employee-owners that we are committed to doing the right thing. By this I mean we pride ourselves on working together to make our company environment one that is safe, welcoming, rewarding, interesting and, when appropriate, a heck of a lot of fun,” said Rob Mauritz, president and CEO of LBS.

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