By: Joyce Marcel
Tuesday, August 12, 2025 — The Commons, Issue 827
PUTNEY – It was certainly not their first career when Kate and Charles Dodge founded the Putney Mountain Winery in 1998.
But now, having successfully built a sophisticated wine business, they are moving on to their life’s next chapter. On Aug. 1, they finalized the sale of the company to five of their employees – who call their company “The Fermented Five” – and who will carry the business into the future as an employee cooperative.
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Click here to read the full story in The Commons. NETI is proud to have supported Putney Mountain Winery through their transition to worker ownership!
Are you a business owner who is interested in learning more about worker ownership as an exit or growth strategy? Are you a person or organization that works with small business owners who want to learn about worker ownership as an exit option? Reach out to us!