Invest in Different
Folience is a 100% employee-owned portfolio of companies
with reputations for excellence.
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We Invest in success
“Folience’s passion for embracing engaged employee ownership… ensures a sustainably profitable future.”
– Tom Pientok, Folience Board Chair
We partner with exceptional companies to develop long-term, mutual growth. Because they join our ESOP, our owned companies can trust that our team is making a personal investment in their success.
Board of Directors
Meet the group of professionals who are dedicated to overseeing our company’s success.
Tom Pientok
Chair of the Board
Wendy Guillies
Chair of Compensation Committee
Tracy McCormick
Chair of Audit Committee
Bill Adamowski
Independent Director
Daniel Goldstein
Internal Director
Cathy Terukina
Internal Director
Chris Snyder
Internal Director
We INvest in different
How Our Approach Reduces Risk
At Folience, we believe diversification creates sustainability. That’s why we’ve intentionally curated a diverse portfolio of companies—to offset market volatility in any one industry. When you become an employee owner under Folience, you’re at a competitive advantage.
Shared Services
How We Support Our Companies
Folience offers a variety of resources designed to improve efficiency and alleviate distractions, without interfering with our employee-owned companies’ unique cultures. We call these Shared Services.
Each of these services are headed by innovative, experienced professionals who understand every brand’s needs and goals.
Finance & Accounting
Human Resources
Facilities & Safety
Technology
Learning & Development
Administration & Compliance
Our Companies
A Portfolio of Exceptional Companies
Our companies have individually developed tremendous track records of success. Together, they form a strong portfolio with high potential of continued growth.
For 140 years and counting, The Gazette has provided Iowans with trustworthy and in-depth news coverage. The Cedar Rapids-based newspaper delivers both print and digital publications covering the Eastern Iowa region.
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Located in Sumner, Iowa, Life Line produces safe, high-quality vehicles designed for lifesaving care.
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Serving customers across the nation, Cimarron Trailers has quite literally built a reputation for excellence.
Learn MoreNews and Insights
The Latest from Folience
Business Transition Challenges – The Employee Owned Route
Discuss the demonstrated advantages of an ESOP
Iowa State University CIRAS News – Volume 54
Featured in the ISU Center for Industrial Research and Services Newsletter
National Center for Employee Ownership – The Member Memo
Insights on leading a 100% employee-owned company
Testimonials
Why Folience?