Steinhafels transitioning to employee-owned company

Last updated on May 6th, 2021 at 10:18 amThe 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

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Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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