Cargas provides all employees with stock ownership opportunities and significant equity growth potential. This supports the company’s privately-owned and predominantly employee-owned status, which in turn promotes stability and reinforces company culture.
Since the initial offering, Chip has reduced his stock ownership from 100% to 42%. Currently, 73% of Cargas employees are shareholders. Even those who do not own stock in the company are encouraged to perform according to the employee-owned culture that has been fostered throughout the history of Cargas.