National Center for Policy Analysis

Lantana Consulting Group, Inc. Completes Sale of the Company to Employee Stock Ownership Plan and Leadership Transition

Retrieved on: 
Thursday, January 5, 2023

EAST THETFORD, Vt., Jan. 5, 2023 /PRNewswire-PRWeb/ -- Lantana Consulting Group, Inc. (Lantana) is pleased to announce the sale of the company to its employees via an Employee Stock Ownership Plan (ESOP), becoming 100% employee owned. Liora Alschuler, Founder and former CEO, will be assuming a new role with the appointment of Courtney Panaia-Rodi as CEO and Wendy Wise stepping in as COO.

Key Points: 
  • Lantana Consulting Group, Inc. (Lantana) is pleased to announce the sale of the company to its employees via an Employee Stock Ownership Plan (ESOP), becoming 100% employee owned.
  • EAST THETFORD, Vt., Jan. 5, 2023 /PRNewswire-PRWeb/ -- Lantana Consulting Group, Inc. (Lantana) is pleased to announce the sale of the company to its employees via an Employee Stock Ownership Plan (ESOP), becoming 100% employee owned.
  • The transition to employee ownership is a significant milestone and creates a sustainable future for the organization and our amazing employees," Courtney added.
  • According to the National Center for Employee Ownership (NCEO), an ESOP is a tax advantageous retirement plan in which employees own shares through a trust funded by the company.

James W. Schlusemann Elected Board President of SME

Retrieved on: 
Monday, November 7, 2022

ATLANTA, Nov. 7, 2022 /PRNewswire/ -- SME, the professional association committed to advancing manufacturing and developing a skilled workforce, has elected James W. Schlusemann as its 2023 board of directors' president. The non-profit organization, which is celebrating its 90th anniversary, announced its 2022 election results and installed its new officers, directors, and council representatives during a ceremony at its SME Fall Gala conducted Nov. 6 in Atlanta. Their terms begin in January 2023.

Key Points: 
  • ATLANTA, Nov. 7, 2022 /PRNewswire/ -- SME, the professional association committed to advancing manufacturing and developing a skilled workforce, has elected James W. Schlusemann as its 2023 board of directors' president.
  • "The tremendous knowledge and technological experience, issues management, and business understanding that SME stakeholders possess and wield will create a huge boon in advanced manufacturing over the next 90 years," said James W. Schlusemann, newly elected president of SME's Board of Directors.
  • The officers and international directors of the SME Board of Directors act as the governing body of SME with budget authority and oversight responsibility.
  • To learn more about the SME Board of Directors, visit sme.org/board-of-directors and the SME Member Council at sme.org/member-council .