NASHVILLE, Tenn., February 28, 2022 (Newswire.com) - TCW, Inc. today announced the formation and launch of an Employee Stock Ownership Plan (ESOP), which went into effect Jan. 1, 2022. The ESOP transfers 100% of company ownership to TCW employees from Scott George, who will remain in his role as Chief Executive Officer.
"The Employee Stock Ownership Plan provides continuity and stability for our TCW Family, our suppliers and our customers. I have always wanted TCW to thrive for many generations beyond me and to reward those who have helped build it the last 74 years and counting," George states.
TCW, Inc. was founded in 1948 by Scott George's grandfather, Howard, who was succeeded by his son, Phil, Scott's father.
To learn more about TCW, Inc., visit us online at: www.tcwonline.com
To request more information about today's announcement, please contact Gary Cornelius, VP of Marketing & Sales, at 615-742-6152 or firstname.lastname@example.org.
Source: TCW, Inc.