JOMA Construction is Now 100% Employee Owned
Friday, August 18th, 2023
JOMA Construction announced a significant transition in its ownership structure today. Founder John Newland has sold the company to its committed employees, beginning an exciting new chapter as JOMA becomes a 100% employee-owned enterprise.
John and his wife Marielle founded JOMA Construction in 2005 after moving to Athens in 2001. Under their leadership, the company has developed an exemplary reputation, completing over 1,000 remodeling projects in the Athens community in the past 18 years.
John Newland will remain in his role as CEO and also serve as Chairman of the Board of Directors, steering the company's future course while drawing on the deep expertise and commitment of its now-owner employees. "Our success over the years has been a testament to the tireless work of our dedicated employees and the unwavering trust of our customers," says John Newland. "We see this transition to an employee-owned company as the logical next step, a way to recognize the team's integral contribution to our journey and secure JOMA's long-term stability."
Marielle Newland further emphasized the significance of this transition, "This is a big day for our JOMA team. We're thrilled about this transition and eager to see what the next 18 years bring."
As an employee-owned company, all new and existing employees will have the opportunity to become owners, a testament to JOMA's belief in the value of their workforce. This innovative structure further reinforces the company's 4 core values of Continuous Improvement, Teamwork, WOW Customer Service, and Do the Right Thing.
JOMA remains committed to maintaining its high standards of quality and service. The team is excited about their continued role as the go-to remodeler in Athens and to grow and evolve alongside the community they serve.
About JOMA Construction: JOMA Construction is a leading construction and remodeling company based in Athens, Georgia. Founded in 2005 by John and Marielle Newland, the company has completed over 1,000 projects, demonstrating its commitment to quality, service, and community. Now a 100% employee-owned company, JOMA Construction continues to strive for improvement and growth, building a legacy of excellence in the Athens area.