Tanimura & Antle launches employee stock ownership plan
“Our employees are not only our single greatest asset, they’re also an extension of our families,” said Rick Antle, CEO, Tanimura & 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.”
"Family-owned and operated since 1982, Tanimura & Antle has always been committed to providing a safe, happy and productive work environment for its employees – and the launch of an ESOP represents the next step in that commitment," the company said in 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 Tanimura & Antle.
“As a private, family-owned company that values its employees and takes our role in the community seriously, we evaluated several directions for the next phase of our company,” said Antle. “We are in a dynamic business, and need to build a structure that maintains local control and supports future growth and governance, while ensuring we stay agile and innovative. We are proud to be able to take this next step in our commitment to our farm and our employees.”
For more information:
Samantha Cabaluna
Tanimura &Antle
Tel: +1 831 455 3685
samanthacablauna@taproduce.com
www.taproduce.com