TACOMA, Wash. — Paulson Computer Systems completed a five-year stock purchase buyout from a non-employed primary shareholder, making Paulson an entirely employee-owned corporation, the company recently reported. Upon completing the purchase, the stock was redistributed among all employee shareholders and a new board of directors was appointed, the company said.
David Bledsoe Sr., Paulson's director of sales and marketing, was elected president of the board of directors, and he will also serve as the CEO. James Hepola, general manager for Paulson, will serve as vice president. Ben Cummins from customer support will serve as Paulson's secretary and treasurer.
"We are very excited for this achievement and for what the future holds, not only for us as employees, but also to our many customers and clients who have supported us throughout the years. 2009 will be an exciting year and we plan to make some exciting announcements regarding both our MarineSoft and InvenTrakk product lines later this year," Bledsoe said.
Paulson Computer Systems makes dealership management software systems for the marine, RV, outdoor power equipment and outdoor powersports industries.
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