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 MoreCongressman 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 MoreNewAge'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 MoreEmployee ownership works well for plastic tubing manufacturer NewAge Industries. The company adopted its ESOP in 2006 and has continued growing since then. NewAge currently has four employment opportunities, three of which are due to expansion.
Read MoreSES Advisors, Inc., a national Employee Stock Ownership Plan (ESOP) consulting firm, recently announced that Brian Wurpts, Vice President of ESOP Consulting, was presented with the 2012 Membership Recruitment Award for a Professional Member at The ES
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