Archer Malmo sells company to employees
Archer Malmo staff members take part in a meeting on Tuesday, July 26, 2022. Archer Malmo recently transferred ownership of the company to its 140 employees, through an employee stock ownership plan. (Mark Weber/The Daily Memphian)
Employees will earn shares annually based on their level of pay.
Topics
Archer Malmo ESOP Russ WilliamsJane Roberts
Longtime journalist Jane Roberts is a Minnesotan by birth and a Memphian by choice. She's lived and reported in the city more than two decades. She covers business news and features for The Daily Memphian.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.