As we move through a constantly changing industry landscape, Tanimura & Antle has announced an evolution in the company’s ownership with the launch of an Employee Stock Ownership Plan (ESOP). Under this new plan, employees have the ability to become partial owners of the company.
“Our employees are not only our single greatest asset, they’re also an extension of our families,” said CEO Rick Antle. “By offering employee ownership, we are upholding the legacy of our founding families and preserving and growing the culture that’s been responsible for our success.”
Tanimura & Antle continues to be a progressive leader in the industry as one of the first grower-packer-shippers in U.S. history to share company ownership with all qualified, domestic employees, from seed to sale, according to a press release. An ESOP is a retirement plan that allows qualified employees to vest into a percentage of ownership of the company. Through the new ESOP, employees can earn stock ownership in the company.
Read more: Tanimura & Antle Launches Employee Stock Ownership Plan