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The ESOP Effect

Brett Beasley

Ask any business leader about the strength of his or her company, and you will hear about sales, costs and investments. Ask Paul Purcell (BBA ’69), and you will also hear about mailroom workers. What makes Purcell’s people so special? He says the answer is simple: They’re shareholders. “People behave differently when they’re owners,” he explains. “It empowers people — and life is about empowering people.”