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Press Release
Jan 14, 2016
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.
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