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Covenant Eyes' CEO Sells Company to Employees


Covenant Eyes CEO Sells Company to Employees
Covenant Eyes CEO Sells Company to Employees
OWOSSO, Mich., Jan. 20, 2021 /PRNewswire-PRWeb/  As of December 31, 2020, Covenant Eyes Inc. belongs to its 211 employees. CEO and co-founder Ron DeHaas previously held the majority interest in the company, along with a few other investors close to the company. The transfer means employees directly benefit from the growth of the company overall and own a stake in the company.
“I can t think of anyone better to sell the company to than those who work to make it the best service every day,” said DeHaas. “They are the ones who are committed most to continuing Covenant Eyes mission, and they are the ones who will ultimately benefit from its growth in the future.” ....

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Advancing the Expansion of the Middle Class, Rutgers University Appoints Research Fellows to Study the Impact of Shares


TMCnet News
Advancing the Expansion of the Middle Class, Rutgers University Appoints Research Fellows to Study the Impact of Shares
[December 31, 2020]
Advancing the Expansion of the Middle Class, Rutgers University Appoints Research Fellows to Study the Impact of Shares
The Rutgers Institute for the Study of Employee Ownership and Profit Sharing today announced the appointment of 16 research fellows to investigate economic policies that can save jobs, boost middle class wages, close the wealth gap for Black and Latinx workers, and sustain small businesses through the COVID recession.
Profit sharing and employee share ownership stakes at work can be an important part of middle-class incomes, said ....

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