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V O L . X X I I N O. X X V I I N OV E M B E R 2 8 , 2 0 1 6 14 Ryan says he is not yet contemplating retirement but is thinking about ownership succession. And who better to own the company, his thinking goes, than the employees who have made it such a success? "I can't imagine my life without work," Ryan says. Still, "I recognized we've got to build a plat- form for life without me. We needed a realistic ownership transition plan. So I set out trying to establish goals that I thought would work for me and my co-workers, things like long-term sustain- ability, preserving the culture and rewarding the team that got us here." Ryan researched options, which, he says, were few, including a third-party sale or management buyout. "When I evaluated all the options, the ESOP came out clearly the best choice for accomplishing my goals." A company's long history Ryan and Wright grew up as childhood friends, spent summers on Cliff Island in Casco Bay and worked together on carpentry jobs throughout the 1970s. Wright went on to a career in construction and industrial arts education while Ryan began his working P H O T O / T I M G R E E N WAY Using an ESOP to recruit employees Wright-Ryan uses new ownership structure to recruit workforce B y L a u r i e S c h r e i b e r Not only do you get the convenience of valet parking at the airport for $10 a day, but we'll take care of your car needs, too. WWW.PARKNJETPORTLAND.COM 747-5650 Drive 100 yards past baggage claim. Look for our green sign. Open 4:00AM to 1AM or until all flights have arrived. per day $12 PARK PERKS OIL CHANGE • CAR WASH • DETAILING WITH Get engaged, inspired and connected with a print + digital subscription to Mainebiz. You'll receive bi-weekly issues, special publications and full online access! REAL ESTATE / REAL ESTATE / REAL ESTATE / CONSTRUCTION / DESIGN CONSTRUCTION / DESIGN CONSTRUCTION / DESIGN S TA R T I N G O N P A G E 2 0 S TA R T I N G O N P A G E 2 0 S TA R T I N G O N P A G E 2 0 B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a B y L o r i V a l i g r a S E E W H O ' S N E X T O N PA G E 3 8 S E E W H O ' S N E X T O N PA G E 3 8 S E E W H O ' S N E X T O N PA G E 3 8 » Kathy Shafer Kathy Shafer Kathy Shafer, senior director of worldwide facilities , senior director of worldwide facilities , senior director of worldwide facilities at at at IDEXX Laboratories IDEXX Laboratories IDEXX Laboratories in Westbrook, works on her in Westbrook, works on her in Westbrook, works on her laptop at the Synergy Center, which offers unique laptop at the Synergy Center, which offers unique laptop at the Synergy Center, which offers unique spaces where employees can work. spaces where employees can work. spaces where employees can work. into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light $2.00 $2.00 $2.00 July 25, 2016 July 25, 2016 July 25, 2016 VO L . X X I I N O. X V I I VO L . X X I I N O. X V I I VO L . X X I I N O. X V I I www.mainebiz.biz www.mainebiz.biz www.mainebiz.biz Know Maine Business. Or call: 845.267.3008 Subscribe online: mainebiz.biz/knowmainebiz F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 F U L L C O N T E N T S O N PA G E 4 » M O R E I N S I D E M O R E I N S I D E M O R E I N S I D E S TA R T I N G O N P A G E 2 0 S TA R T I N G O N P A G E 2 0 S TA R T I N G O N P A G E 2 0 C O N T I N U E D O N PA G E 1 4 C O N T I N U E D O N PA G E 1 4 C O N T I N U E D O N PA G E 1 4 C O N T I N U E D O N PA G E 1 4 C O N T I N U E D O N PA G E 1 4 C O N T I N U E D O N PA G E 1 4 » S E E W H O ' S N E X T O N PA G E 3 8 S E E W H O ' S N E X T O N PA G E 3 8 S E E W H O ' S N E X T O N PA G E 3 8 into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light into the light Maine companies reinterpret office space Maine companies reinterpret office space Maine companies reinterpret office space B y L a u r i e S c h r e i B y L a u r i e S c h r e i B y L a u r i e S c h r e i B e r e r e r Greg Lanou, general manager of Wright-Ryan Homes, left, and John Ryan, president of Wright-Ryan Construction Inc., at the Bayside Anchor Multifamily Housing Community site in Portland. » C O N T I N U E D F R O M C O V E R

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