Steinhafels transitioning to employee-owned company

The Steinhafel family has sold all of its stock in Steinhafels Furniture to an employee stock ownership plan (ESOP), the Pewaukee-based retailer announced Tuesday. The move makes the company 100% employee-owned, although it remains a family-led company with Andrew Steinhafel serving as president. “Each time our family has transitioned the business to a new generation,

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