So did you hear the rumor? Maybe you got the information first hand, or read it in an email or saw it posted online somewhere. Certainly, as avid followers of this blog, you would recall me hinting about the possibility last September right here in this space. Right? That’s right – DISTek now has a new majority owner!
For the second year in a row, my year-in-review blog is being delivered well into the new year. That is getting dangerously close to a bad habit, so I will have to work on that for next year. On the plus side, this should get posted in February and thus I am technically only a month late of my goal of January for the target date. Normally I would not start at the end of the year, but this year is an exception because the single biggest piece of news is what happened at the very end of the year …
When last I wrote in this space, way back in February, I told of how I was starting to begin to really feel like an owner of the company. It had been over 3 years since DISTek founder, Matt Dickinson, decided to share a part of his company with his employees by forming an ESOP – an Employee Stock Ownership Plan. Yet none of us were handed a new job description with the title “owner,” but that’s what we are now – employee owners. And as each year passes, more information and knowledge about this whole ownership thing comes before us.
Indeed I am a little tardy in my year-in-review blog entry. But, without further ado, here is my one-and-a-half-month-late DISTek Year-in-Review, coupled with a look toward the future to finish the DISTek: Past, Present (parts 1 & 2), and Future series of blog posts.
Just recently I was awarded a Certificate of Appreciation for ten years of excellent service and valuable contributions to DISTek Integration. Needless to say, I'm quite thankful and happy to have been involved with DISTek for the past ten years. Wow! I’ve been employed here for ten years? It sure doesn’t feel like ten years. Maybe that’s partly because since December of 2014, I, like many others at DISTek, became employee owners, after DISTek founder Matt Dickinson decided to share a part of his company with his employees by forming an ESOP – an Employee Stock Ownership Plan. That's right, DISTek is employee owned.
In the last phase of DISTek’s 25 years, we expanded our engineering services again. The concept of model-based software development (MBSD) had been in use for a few years at several of our off-highway customers and we had gained experience with it. But as we surveyed the market landscape........
When DISTek began its 25th year in business back in March, we knew we wanted to celebrate this rather significant milestone, maybe have a party, take in a ball game, go out to dinner, or have a family picnic. 25 years ago, any of these ideas would have been possible with not much more effort than calling the wife, locking up the office, and heading uptown. Ah, the simpler times of yesteryear!
Early last year, I wrote in this space about my new title – “employee owner,” after DISTek founder Matt Dickinson decided to share a part of his company with his employees by forming an ESOP – an Employee Stock Ownership Plan.
I noted back then that my immediate responsibilities wouldn’t change, and from the standpoint of my day-to-day tasks, they really haven’t.