KENNESAW, Ga. — Packard Inc. is the first master distributor in the HVACR industry to adopt an Employee Stock Ownership Plan (ESOP). The purpose of an ESOP is to enable eligible employees to share in the growth and prosperity of the company, accumulate capital for their future economic security and acquire beneficial stock ownership interests in the company.
Tom Campbell will remain at the helm as CEO and chairman of the board and will continue to provide his insights in areas of purchasing and product development.