According to the website POC which focuses on Private Military Companies, Triple Canopy announced that “that it has formed a 100 percent employee-owned company by establishing an Employee Stock Ownership Plan (ESOP).” Impressively, Triple Canopy is a veteran-owned and veteran-run company with more than 80% of their workforce is made up of former military personnel.
“This is an exciting time for Triple Canopy and we are proud to become a majority veteran, employee-owned company,” said Triple Canopy CEO Ignacio Balderas. “Delivering quality services to governments and multinational companies in challenging locations remains the mainstay of our business success.”
Formed in 2003 by SOF Veterans, Triple Canopy has survived the changing international security environment intact. That alone is impressive. One of the reasons I feel is that they have made serious efforts to professionalize the community, working to establish the Code of Conduct for Private Security Contractors.
