Succession Planning: How NewAge Industries Embraced Employee Ownership

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Don’t miss out on this exclusive webinar featuring Ken Baker, President and CEO of NewAge Industries, as he delves into the strategic journey of converting NewAge Industries into a 100% employee-owned ESOP in multiple phases. Join us to gain valuable insights into the transformative power of Employee Stock Ownership Plans (ESOPs) and how they can serve as a compelling strategy for attracting and retaining top talent while fostering wealth creation for every member of your organization.

Ken Baker will share his firsthand experience on how the implementation of an ESOP not only enhanced team member engagement but also paved the way for NewAge Industries to become a certified B Corporation. Reserve your spot now to discover actionable strategies for building a legacy through employee ownership.

 

Who Should Attend

This webinar is a must-attend for business leaders, HR professionals, and anyone interested in the intricacies of succession planning and creating a sustainable and socially responsible business model.

Secure your spot now and be part of this insightful event.

Speaker

Ken Baker

CEO, NewAge Industries

Ken Baker is the CEO of NewAge Industries, a plastic, rubber, tubing, hose manufacturer and a RFID tag solutions provider located in Southampton, Pennsylvania and providing service to customers across the country and around the world.

NewAge Industries, a certified B Corporation, is a family-owned business that originated in 1954. Ken Baker joined the business in 1985 and NewAge has been a finalist of Top Small Company Workplace 2 years running and the winner of the Wharton Family Business of the Year award.

Committed to being a sustainable company, NewAge Industries has one of the largest solar arrays in Pennsylvania, being landfill free with an extensive recycling program. NewAge Industries was awarded the PennFuture Green Power award in 2011, being now a 100% renewable energy company. In 2006, Ken established the company’s Employee Stock Ownership Plan (ESOP), and its employees now own 100% of the company.

Ken is a founding member and Chairman of the Pennsylvania Center for Employee Ownership (PCEO), an organization designed to raise awareness and increase the number of employee-owned companies in Pennsylvania and is also a founding board member of the EOeX.

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