President/CEO
Eriksson Engineering Associates, Ltd.
Grayslake, IL
Glen Eriksson, P.E. is the founder and CEO of Eriksson Engineering Associates, Ltd. (EEA). EEA provides civil engineering, transportation engineering and planning, and landscape design services for land development and building projects throughout the midwest. EEA was established in 1995, and currently has three offices in Illinois and Wisconsin.
EEA's ESOP was created in November of 2024, after several years of investigating and evaluating various ownership transfer models and considerations. Prior to creation of the ESOP, Glen had a 55% ownership interest with the remaining shares owned by five other employee shareholders. The ESOP now owns 30% of the shares.
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ESOPs as a Succession Solution: Navigating the Future of Family Businesses
Tuesday, April 15, 2025
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