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Newport Restaurant Group is 100% owned by its workers—and has paid them $33 million since 1995: ‘Nobody else gets the benefit’
Fortune
October 21, 2026
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Bartender Andy Staane has spent 24 years at Newport Restaurant Group, where every employee is an owner. As baby boomers prepare to hand off up to $5 trillion in small businesses, its CEO says ESOPs are a “proven model.”
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