Senior leadership will remain.
Foodservice equipment manufacturer Henny Penny has become employee-owned through the sale of its stock to a newly-formed employee stock ownership plan. The transaction ensures that Henny Penny and Wood Stone, previously owned by the Cobb family, will remain privately held. Steve Cobb, currently chairman of Henny Penny, will continue in this role.
There will be no changes in leadership or operations for either Henny Penny or Wood Stone, according to a company release. Rob Connelly, introduced last October as president and CEO of Henny Penny, will continue in his position, as will all current members of its senior leadership. Kurt Eickmeyer, president of Wood Stone, will continue in his position, as will all current members of its senior leadership.