Blockchain Registration Transaction Record

Ken Baker Transitions from CEO at NewAge Industries

NewAge Industries CEO Ken Baker transitions after 42 years, leaving a legacy of employee ownership, sustainability, and global expansion. Mary Marcus succeeds as President and CEO.

This leadership transition matters because it marks the end of an era for a company that has been a model of employee ownership and sustainability. Ken Baker's legacy of transitioning NAI to a 100% employee-owned ESOP structure demonstrates how companies can empower workers while maintaining independence. The company's commitment to sustainability, evidenced by its EcoVadis Platinum rating and solar initiatives, sets a benchmark for manufacturing firms. For readers, this story highlights the potential for businesses to balance profitability with social responsibility and employee well-being, offering a blueprint for future corporate governance.