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