ACHR News
search
Ask ACHR NEWS AI
cart
facebook twitter instagram linkedin youtube
  • Sign In
  • Subscribe
  • Sign Out
  • My Account
ACHR News
  • NEWS
    • Breaking News
    • New HVAC Products
    • Featured Products
    • Manufacturer Reports
    • HVAC Data
    • Legislation
    • ACHR NEWS Centennial
  • RESIDENTIAL
    • Air Conditioners
    • Furnaces
    • Residential Heat Pumps
    • Ductless
    • Residential IAQ
    • Testing, Monitoring, Tools
    • Components & Accessories
  • COMMERCIAL
    • Air Handlers
    • Rooftop Units
    • Chillers and Cooling Towers
    • Commercial Heat Pumps
    • Boilers and Hydronics
    • VRF/Ductless
    • Commercial IAQ
  • REFRIGERATION
    • Refrigerants
    • Refrigerant Regulations
    • Leak Management
  • CONTRACTOR PRO
    • Geothermal
    • Homeowner Study
    • VRF and VRV Ductless
    • Unitary Trends
  • EDUCATION
    • Training and Education
    • Business Management
    • Service and Maintenance
    • Continuing Education
    • Market Research >
      • HVAC Brand Awareness Report
      • VRV, VRF, VRVZ Report
      • Unitary Trends Report
      • Water Heat Professionals Report
    • Webinars
    • Sponsor Insights
    • eProducts Info
    • White Papers
  • EVENTS
    • HVAC Contractor Forum
    • Industry Events and Webinars
  • MEDIA
    • Videos
    • AHR Expo 2025 Videos
    • Podcasts >
      • ACHR News Podcast
      • HARDI Podcasts
      • AHR Expo Podcasts
      • ACCA Podcasts
    • Interactive Spotlights
    • Quizzes
    • eBooks
    • HVAC Talkback
  • HVAC GROUP
    • ACHR NEWS >
      • Current Issue
      • Digital Edition
      • Subscribe
    • Distribution Trends
    • SNIPS NEWS >
      • Join SNIPS NEWS
    • Engineered Systems News >
      • Join ES News
    • HVACR Directory
    • Contests
    • Newsletters
    • Contact
    • Advertise
    • My Account
Distribution Trends

Packard Announces Employee-owned Future

News and Notes
October 25, 2017

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.

“This new Customer Focused-Employee Owned mentality will preserve our corporate culture and family atmosphere, with the added benefit of increased employee accountability and buy-in,” Campbell said. “I have always worked hard to cement Packard’s legacy in this industry and to help secure a future for every family at Packard…an ESOP allows me to transition that legacy to the people who helped me build this company. Over the years, we have built a team that mirrors my commitment to serving the HVACR community and I am proud that we can take this next step together.”

Packard announced the news on Aug. 25, 2017, at SunTrust Park while honoring its 77 employees, 125 family members and guests at the Hank Aaron Terrace during the Atlanta Braves vs. Colorado Rockies game.

“My hope for this new employee-owned path is two-fold: to continue the legacy of service, selection and satisfaction that Tom has nurtured these past 45 years and to provide a concrete future for our hard-working employees and valued customers,” said Susan Kirkland, president of Packard. “This long, prayer-filled journey was not forged into lightly. If I could personally thank every industry professional who has travelled this path before me I would, as their guidance has been priceless. And so, with abundant research, counsel and advocacy we have bravely chosen to pave a way in our industry that can only strengthen our pride, dedication and commitment to our Packard family, our patrons and our community.”

For additional information, visit www.packardonline.com.

Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS →

KEYWORDS: distributor news master distributor

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

 

Recommended Content

JOIN TODAY
To unlock your recommendations.

Already have an account? Sign In

  • HVAC-enrollment

    The Trades Are Back: HVACR Programs See Nearly 30% Enrollment Spike

    A new wave of future technicians is entering the pipeline.  
    Training and Education
    By: Matt Jachman
  • 2025 Top 40 Under 40

    2025 Top 40 Under 40 HVACR Professionals List

    The 11th annual Top 40 Under 40 list highlights those...
    HVAC Contracting
    By: Hannah Belloli-Oster
  • LG Ductless Mini-Split Systems

    The 9 Types of Heat Pumps

    As the U.S. moves toward electrification, heat pumps are...
    HVAC Residential Market
    By: Joanna R. Turpin
Subscription Center
  • Create an Account
  • Start a Subscription
  • Manage My Account
  • Sign Up for Newsletters
  • Visit Customer Service
  • Update Preferences

More Videos

Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to The News audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of The News or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

close
  • Piggy Bank
    Sponsored byWatercress Financial

    Energy Prices, Inflation, and HVAC: What Today’s Homeowners Care About

  • Refrigerated Food
    Sponsored bySolstice Advanced Materials

    R-455A Refrigeration: A Cold Storage Solution for the Future

  • Airex Rooftop Units
    Sponsored byAirex Manufacturing Inc

    Consolidating Roof Penetrations: A Growing Trend in Multifamily HVAC Design

Popular Stories

HVAC-Price-Increase-graphic

HVAC Price Increase List: June 2026

Trump-Section-232.jpg

Trump Reduces Section 232 Tariffs on HVAC Equipment to 15%

Refrigerants-and-gauge.jpg

HVAC Industry Warns of Counterfeit Refrigerants Entering U.S. Supply Chain

U.S. Supreme Court building

95% Furnace Efficiency Rule to Get New Hearing

Midea-training.jpg

HVAC Workforce Crisis Expands Beyond Technicians to Instructor Shortages

View The ACHR NEWS
Centennial Anniversary Timeline

The ACHR News Timeline Chart
Submit a Letter
Submit a letter to our editors.

Events

November 6, 2025

Next-Gen Data Center Cooling: HVAC Innovation and Real-World Solutions

On Demand As AI workloads and high-density computing push traditional cooling methods to their limits, the data center industry is accelerating the adoption of next-generation HVAC technologies.

June 23, 2026

HVAC Duct Sealing Mastics: Why Selection Matters

In this webinar we will detail what HVAC material buyers and technicians need to know when selecting duct mastics, including matching mastic to substrate, alternatives to liquid mastic, and where UL 181 Listings fit into real world installations.

View All Submit An Event

Poll

Summer Staff

Are you fully staffed for the summer season?
View Results Poll Archive

Products

BNI Mechanical/Electrical Square Foot Costbook, 2026 Edition

BNI Mechanical/Electrical Square Foot Costbook, 2026 Edition

See More Products
HVAC Duct Sealing Mastics: Why Selection Matters - Free Webinar - 6/23/2026

Related Articles

  • P1

    Packard Announces Employee-owned Future

    See More
  • Henderson Engineers Employees.jpg

    Henderson Becomes Employee-Owned Company

    See More
  • Wallner

    Wallner Expac Becomes 100% Employee-Owned Through an Employee Stock Ownership Plan

    See More

Related Products

See More Products
  • The ACHR News - February 2, 2026

    ACHR NEWS February 2, 2026, Issue

See More Products

Events

View AllSubmit An Event
  • January 14, 2026

    Future-ready HVAC Systems: Transitioning to A2L with New Gas Leak Sensors

    On Demand This session will explore how emerging approaches to leak detection and system monitoring are meeting the demands of modern refrigeration and HVAC applications.
View AllSubmit An Event

Related Directories

  • Packard Inc.

    Packard is the industry's complete source of electrical and replacement parts for the HVAC/R industry. Packard's broad offering of products positions it as the undisputed leader in electrical and replacement parts in the HVAC industry.
×

Sign Up. Stay Informed.

The #1 trusted source for the HVACR industry since 1926

SUBSCRIBE
  • RESOURCES
    • Advertise
    • Contact Us
    • Advisory Board
    • Classifieds
    • Submit a Letter
    • Directories
    • Store
  • ACCOUNT CENTER
    • Create an Account
    • Start a Subscription
    • Manage My Account
    • Sign Up for Newsletters
    • Visit Customer Service
    • Update Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • Instagram
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing