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1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 1992 1993 19

that the office in San Jose needed an upgrade. The Diversification presence in the area since the early 80’s; however, Every person’s dream is to own their own company
decision was made to demolish and rebuild the office “In 2002, I became personally there were not any strategic initiatives in place and being an employee owner is as close as you can
on Mabury Road. aware of the impact being an and Rosendin did not have an identity in the area. get. Our Los Angeles team began recruiting people
ESOP was making on people. This In 2005, the Los Angeles office shifted when Jon we knew from other contractors. Faced with the
“The old Mabury office was unique. was the year that our first group “Woody” Woodworth, Senior Vice President, and challenge of being a “no name” company in the area,
The ceilings were so low upstairs of employee owners had been in Cliff Thompson, Senior Vice President of Field it was tough getting key players to leave their current
that I had to duck under the beams the plan for 10 years, were age 55, Operations, joined the company. position and come work with Rosendin.
to get to my desk.” and could diversify. I walked out Lorne Rundquist
of my office and handed each of Chief Financial “The biggest challenge we faced While Los Angeles was working through challenges,
Angie Hart Officer in Los Angeles was starting from Rosendin’s growth continued and the office in Las
100% Employee Owned Vice President them a check. Many had worked ground zero. “We spent a lot of time Vegas opened in 2006. Ryan Gill, Division Manager,
In 1999, Rosendin Electric celebrated 80 years in at other companies and the first thing they said meeting people, shaking hands, and had similar experiences to the Los Angeles team.
was ‘you said you were going to do this and I never
a newly built Mabury office building. Soon after, the believed it was going to happen.’ The best thing was introducing them to Rosendin. The
company was positioned to purchase the balance of when the employees started telling other employees. first office started in Woody’s [Jon “The challenge we faced in Vegas
the Rosendin holdings. The mindset went from thinking this ESOP is nice, Woodworth] garage with a folding was being perceived as an out of
to this is real! This was the turning point when table and a couple of chairs. From town contractor. The hometown
“We had two evaluations done in 2000 to make our employee owners became Rosendin Electric Cliff Thompson there we moved to a 2,000 square team was not excited about a big
Senior Vice
sure we were doing right by the Rosendin family,” cheerleaders!” President Field foot building, which was a big step. contractor from California coming
said Sorley. “The Board of Directors approved the Operations There were times we wondered if in.”
evaluation, the Rosendin family approved it, and Southern California and Las Vegas we would be able to pay the rent.” Ryan Gill
in the latter part of the year we became 100% For many years, Rosendin’s office in Los Angeles Division Manager
employee owned!”
had been a simple project office. Rosendin had a

1992 1993 - 1994 1995 1996

• Rosendin transitions ownership of • Tom Sorley becomes President.
the company to the employees. • Arizona office opens.

South Court Tower Hayden Ferry Lakeside AT&T Park
Phoenix, AZ Phoenix, AZ San Francisco, CA

San Jose Arena Franklin Templeton VA Hospital
San Jose, CA Redwood City, CA Palo Alto, CA SFO Boarding Area A
South San Francisco, CA

The Gap HQ
‘‘ higher than they ever expected – that is ownership. Protecting your retirement is an honor Wells Fargo Arena AZ Western College San Francisco, CA
Phoenix, AZ
Phoenix, AZ
Doing everything in your power to ensure that everyone gets an opportunity to learn and soar

that has been bestowed to us as trustees – that is ownership.”

6 The Feeder | Q4 2017 ~ David Elkins, Vice President of Field Operations and ESOP Trustee Q4 2017 | The Feeder 7