Renkim Corporation is pleased to announce substantial changes to the organization that include new management, new board appointees and perhaps most significantly, a significant expansion of the employee-owned corporate structure. Renkim is now 100% employee-owned though the ESOP, employee stock ownership plan.
“Restructuring to 100% ESOP is a positive shift that benefits the corporation and our employees,” says Cliff Stephens, newly-appointed Renkim President and COO. “The ESOP structure promotes and cultivates a culture of employment longevity, accountability and a profound sense of pride in the workplace. It also serves as a significant benefit to recruit the best and brightest to Renkim. This is a milestone moment for Renkim.”