Giroux Glass has been listed #29 on the Los Angeles Business Journal’s 2016 list of 100 top-grossing Women-Owned Businesses in Los Angeles County.
Since 1991, our company has been led by Anne-Merelie Murrell, Giroux Glass’ first female owner and CEO. In 2015, Nataline Lomedico took over the role of CEO, and in 2007, Giroux Glass adopted an ESOP (employee stock ownership plan) as a succession plan in anticipation of Murrell’s retirement. The company will transition from a WBE (woman business enterprise) to a 51% employee-owned company by 2022.
It has been said recently, that women in senior corporate roles can boost the bottom line. In a recent Harvard Business Review study of 22,000 global firms, researcher Marcus Noland says that, among profitable companies, “going from having no women in leadership to 30% translates to a 1% hike in net margins—a big number.”
As for Giroux Glass, Lomedico cofirms that in the last 25 years, the once family-owned business has grown “from a small glazing company focusing on service work, to one of the nation’s top-20 glazing companies.” We have a long 70-year history (since 1946) of which we are very proud.