Tagged employee-ownership
Press Release
Text-Em-All Embarks on a Revolutionary Journey With Its Transition to an Employee Ownership Trust
In a bold and visionary move, Text-Em-All, an 18-year old SaaS company with 42 employees, proudly announces it is now a 100% employee-owned company. Championed through an innovative perpetual trust model in collaboration with Common Trust, this transformation heralds a new era in employee ownership and succession planning and will aid the business in its goal of being a 100-year company. Read More
Press Release
62-Year-Old Company, NewAge(R) Industries, Marks 10 Years as an ESOP; Celebrates Employee Ownership
NewAge Industries is celebrating its tenth year as an employee-owned company in 2016. Its ESOP-Employee Stock Ownership Plan-was established as a way to reward team members in retirement and as a succession plan for the corporation. The company's share price has seen a six-fold increase since the ESOP's inception in 2006. Employees view the plan as increased incentive to always keep the customer top of mind, to perform their jobs exceptionally well, and as a path to retirement. Read More
Press Release
Congressman Fitzpatrick Visits NewAge(R) Industries to Discuss How ESOPs Can Help Small Businesses
Congressman Mike Fitzpatrick met with NewAge Industries' employee-owners to discuss their ownership roles, how their customers benefit, and why ESOPs can be option for other small business owners wishing to help retain American jobs. Read More
Press Release
Forty Percent Of NewAge(R) Industries Is Now Owned By Its Employees
NewAge's CEO and majority shareholder, Ken Baker, has sold an additional ten percent of company stock to its employees through the company's Employee Stock Ownership Plan (ESOP). The plan helps employees save for retirement. Read More
Press Release