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News Brief
By: PointLine Media Research & Editorial Team
Category:Business
June 16, 2026
This transition marks a pivotal chapter for NewAge Industries, signaling a successful leadership succession while cementing the legacy of a pioneer in employee ownership. Baker’s influence on sustainable manufacturing and corporate governance sets a high standard for private firms looking to balance profitability with long-term social responsibility.
NewAge Industries, Inc. (NAI) has officially announced the retirement of Ken Baker, who concludes a distinguished leadership tenure that began in 1984. Succeeding company founder Ray Baker, Ken transformed the organization into a global leader in high-purity fluid transfer systems. While Mary Marcus continues her role as President and CEO, Baker will maintain a strategic influence as a dedicated member of the Board of Directors.
Under Baker’s visionary guidance, the company achieved remarkable milestones, including a transition to a 100% employee-owned model via an ESOP structure. His commitment to sustainability propelled the firm to a prestigious Platinum EcoVadis rating, bolstered by significant investments in onsite solar energy. Furthermore, Baker spearheaded the company’s expansion into the critical biopharmaceutical market through the successful AdvantaPure product line.
Beyond his corporate achievements, Baker remains a staunch advocate for employee ownership and community philanthropy. As the co-founder of the Pennsylvania Center for Employee Ownership, he has fostered a culture where staff are deeply invested in long-term success. His legacy of innovation, environmental responsibility, and social advocacy ensures that NewAge Industries remains well-positioned for future growth in an increasingly competitive global landscape.