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William “Bill” O’Neil II, former CEO and President of the Chicago Council, We O’Neil, who worked in the company for almost 50 years, died on April 10, According to the firm. O’Neil was 83 years old.
Bill O’Neil
Courtesy of We O’Neil
The company’s grandson, William Edward O’Neil, Bill O’Neil joined the firm’s ranks in 1967. From there he worked through positions including design engineer, superintendent, project manager and estimator, according to the builder.
O’Neil became CEO of the firm in 1985. He left the role in 2003 and passed to the President of the Council until 2020. During his term, the company expanded throughout the country, opened its first offices in Los Angeles in 1985; Denver in 1999; and Nashville in 2014, according to the Business History Page.
In 1994, the O’Neil family and the company’s leadership collaborated to establish the beginnings of the WE O’Neil employee shares, according to their history page.
ESOPs have Ever since she gained prominence in industry As much as a sustainable path for the owners to leave their business while continuing the operation’s legacy through employees’ ownership. The main ESOP companies in the construction industry include Omaha, Nebraska HDR, Kansas City, Willmeng Construction, based in Phoenix, and San Jose, Rosendin Electric, based in California.
“Putting them right in front is the right one,” O’Neil said at that time.
The firm became completely owned by employees with former CEO Brian Ramsay in 2020, which he himself retired earlier this year.
“While working in We O’Neil for several decades, the only thing that became more and more evident on Bill O’Neil was that he had two great loves in his life: the love he showed for his family and the love and support he showed to O’Neil’s employees,” Ramsay said in the statement.
We O’Neil was founded in 1925 and we will celebrate its centenary this year. Some of the company’s recent goals include the Austin’s acquisition, DCa Construction, based on Texas and the $ 1.4 billion of satellite midfielder in the south Project at Los Angeles International Airport. The contractor announced in October that the initial construction of the nine segments of the midfield satellite have been completed out of place.
“He believed that all employees should share what we build together,” said John Finn, the current CEO of O’Neil. “Bill’s legacy lives in the culture that helped to shape and the lives he touched.”
