As KKR, a private equity firm, prepared to take Gardner-Denver, one of its portfolio companies, public in mid-2017, a discussion arose on the Gardner-Denver board about the implications of granting approximately $110 million in equity to its global employee base as part of its innovative “broad-based employee ownership program.”
This case was prepared for inclusion in SAGE Business Cases primarily as a basis for classroom discussion or self-study,
and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an
endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be
forwarded outside the university or used for other commercial purposes.