News

Penta Research Announces ESOP

3/7/2019

Penta CEO John Gipson announced today that the company will transition to a 100% employee-owned company effective July 1st 2019. Under Penta’s Employee Stock Ownership Plan (ESOP), all participating employees will benefit from the financial success of the company. By transitioning to an employee-owned company, Penta will transition the ownership from the founding owners to the employees without selling to an outside buyer. The result is that there will be no change in the culture, benefits or leadership of Penta, and will allow Penta to experience uninterrupted growth for years to come.