Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Bay Area  + Finance  | 

Metro Services Group Initiates Transition to Employee Ownership

San Francisco-based Metro Services Group, a leading provider of janitorial, engineering and environmental services across California and the Pacific Northwest, initiated a long-term transition to employee ownership through the implementation of an Employee Stock Ownership Plan (ESOP).

Under this new structure, ownership of the company will be transferred over time to eligible management-level employees through the ESOP. This allows qualified team members to earn shares and participate in Metro’s future growth, based on tenure, compensation and role.

“This is a renewed commitment to our people and our future,” said CEO Michael Oddo, who founded Metro Services Group three decades ago. “It’s about recognizing the team that built this company and ensuring they have a real stake in its continued success. I plan to remain fully engaged as CEO, and I couldn’t be more excited about the strength and stability this brings to our clients and team alike.”

Connect

Inside The Story

Metro Services Group

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
  • ◦People
New call-to-action
New call-to-action