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Home / News / Financial Services / Ready to re-tire? Commercial Tire goes employee-owned (access required)

Ready to re-tire? Commercial Tire goes employee-owned (access required)

Commercial Tire has recently joined a number of other Idaho-based businesses in announcing the incorporation of an Employee Stock Ownership Plan, commonly called an ESOP. While the percentage of employee ownership can vary, Commercial Tire opted to become 100% employee-owned. Bob Schwenkfelder, founder and CEO, will stay on in his role for a period, and his ...

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