"Newsworthy" piece on outgoing president and CEO of Pittsfield-based Cianbro Cor

Authors

Joseph R. Thompson

Source

Mainebiz

Date

1-24-2005

Pages

3

Abstract

"Newsworthy" piece on outgoing president and CEO of Pittsfield-based Cianbro Corp., Peter Vigue, with details on the company's 25-year transition process to becoming employee-owned. Vigue says Cianbro learned from the mistakes of other companies with employee stock ownership plans (ESOPs), such as Enron, WorldCom, and United Airlines. Despite the risks, companies that implement ESOPs frequently reap financial rewards.

Subjects

Cianbro Corporation Pittsfield, Vigue, Peter

Recommended Citation

Thompson, Joseph R., ""Newsworthy" piece on outgoing president and CEO of Pittsfield-based Cianbro Cor" (2005). Maine News Index – MaineBiz. 3009.
https://digitalcommons.portlandlibrary.com/news_mainebiz/3009