Doug Bawel, Chairman-CEO of a 4600 Associate-Owned company with over $1.1 B in revenue. In 15 short years they have distributed over $6.9 M in stock to their Associate-Owners. (he/him/his)

Chairman-CEO
Jasper Holdings
Jasper, IN

1976 joined JASPER-sales trainee, advertising manager, sales manager, vice president. Purchased company 1987-elected president.

1989 involved with NASCAR, 2001 teamed with Roger Penske for Penske Jasper Engines, 2003, Penske Jasper Racing. 2009 sold to Penske to focus on NASCAR Transmissions.

2009, 100% ESOP. Through 2024 have distributed over $735 Million in stock.

Chairman/CEO of Jasper Holdings with 4600+ Associates, $1.1 Billion+ in Revenue.

Recipient Indiana Business Leader, Indiana Corporate Leadership, Entrepreneur of Year for Manufacturing. President Patoka Valley Health Care Cooperative (30,000 Members), board of OFS Brands.

Seven children, seventeen grandchildren, and Suellen.

Motto: “Do It Right and Have Fun…”

Disclosure information not submitted.

Presentation(s):

• ESOPs as a Succession Solution: Navigating the Future of Family Businesses

  Tuesday, April 15, 2025
  9:00 AM – 10:00 AM MST