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Exceeding Expectations

The Story of Wayne Brothers, Inc.

The Story of Wayne Brothers, Inc.

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In announcing the addition of Isaiah and Daniel Wayne as shareholders, President and CEO KeithWayne stated that “the time has arrived for the second generation of family members, who like theother shareholders have been trained to understand the full range of construction skills required inorder to be successful, to come on board as equity members of the business over the next severalyears.” He also announced that it was planned that Isaiah and Daniel would own the majorityinterests of the company at or before his full retirement, through a planned purchasing of his interestover the coming years.”For himself, the CEO sees years ahead in a company he loves, doing work which he can takepride in, work that grows increasingly demanding and complex. He does not feel that he hascompleted his work at WBI and is excited to be currently working with the Executive Team incrafting the company’s five-year strategic plan. He can envision a time, however, when the youngexecutives in whom he has placed his confidence are ready to assume the daily conduct of companybusiness, and in which he can assume senior statesman status, but remain available to share hisexperience and judgment. “I think there will come a time,” he says, “when I will want to have timeto share some of the things I’ve learned with others who are in business or want to be in business,and with other people who want to improve the lives of their neighbors. I love this business, whichhas been so good to me, and the people I’ve met and worked with; I hope at some point to take thelessons they have taught me and leave something behind as solid as the great buildings for whichwe have poured foundations.”In the meantime, Mr. Wayne thinks that if company growth continues at the present rate, thefuture may see the addition of more shareholder partners, provided they have the character andintegrity to allow them to build on the core principles of safely providing value to WBI customers. Hemodestly attributes his success to his having been surrounded by good partners, good employees,I hope at somepoint to take thelessons they havetaught me andleave somethingbehind as solidas the greatbuildings for whichwe have pouredfoundations.Wayne Brothers, Inc.ShareholdersKeith Wayne, Daniel Wayne,Isaiah Wayne, John Ashworth,Chad Hensley, Bobby PhillipsThe Next115

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