Electronic Theatre Controls marked its 40th anniversary by giving shares of ETC stock totaling a 33 percent ownership stake to the 850 Dane County employees of the professional lighting systems and equipment company. For a business with $250 million in revenues last year, that one-third stake is expected to amount to millions of dollars, over time, and could translate into thousands of dollars extra for each employee when they retire.
Source: Electronic Theatre Controls owners give away one-third of company stock to employees
Learn more about the Wisconsin Chapter of the ESOP Association. Act Now
