An Employee-Owned Company
An Employee-Owned Company
January 14, 2021
Since its inception 30 years ago, Korndoerfer Homes has been steadily growing and is now building more than 100 homes annually making it one of the largest home builders in Southeast Wisconsin. We are excited to announce that after 30 years of business, the company has converted to an Employee Stock Ownership Plan (ESOP) which means Korndoerfer Homes is now 100% employee owned.
This change to an ESOP ownership structure is part of the long-term plan for the future of the company as it creates the unique culture of commitment to homeowners, trade partners and staff. This structure will allow us to continue to provide the best possible customer experience and to honor the employees who have helped to grow the company. With the ESOP, the Korndoerfer Homes management team and staff members will remain in their existing roles and there will be no change in how the company is operated on a day-to day basis.
Over the past few years, Wolf, Carl and John Korndoerfer began to consider the next stage of Korndoerfer Homes. Would they sell the company they spent 30 years building? Would they accept any of the offers they received from investors and other homebuilders? In the end, they decided the best course of action was to put the company in the hands of the people who had helped make it a success — the employees.
Wolf, Carl and John Korndoerfer are remaining in their roles and are still very involved in the business which will remain the case for years to come. Beginning with their father and grandfather before them, the Korndoerfer Family has been a leader in the building industry for three generations. They are proud that the ESOP will allow this legacy to continue into the future. We remain committed to delivering quality and value to our customers and are proud of the company history as we celebrate our 30th anniversary of being in business!
About Korndoerfer Homes
Korndoerfer Homes, LLC. is an employee-owned, single-family home builder headquartered in Brookfield, Wisconsin. Every home is designed and built with a focus on quality and value while including livable floor plans, architectural character, energy-efficient features and a new home warranty. Korndoerfer Homes proudly builds in eight counties in southeastern Wisconsin. For more information, visit www.korndoerferhomes.com.