09 May Congratulations to 80/20, Inc. on ESOP Plan!
We are excited to announce the formation of the 80/20, Inc.’s ESOP plan. Attorney Brian A. Eagle played a crucial role in the implementation of this ESOP by serving as trustee.
An ESOP is an employee benefit plan that provides a solution to owners to transfer their businesses and further provides an enhanced, qualified retirement benefit to the company’s employees.
“The decision to shift ownership to the employees has been a dream of mine. It’s a great feeling to see it come to fruition,” stated President and CEO of 80/20, Inc., Don Wood. “As stakeholders of the company, now all our employees can experience the responsibility and pride of being an owner.”
For more information about 80/20, Inc. please visit www.8020.net