NOW HIRING: Become an employee-owner of Pizza Shuttleįor years, Pizza Shuttle has been dedicated to employing Milwaukeeans of all backgrounds. Farwell Ave., will maintain regular hours of operation. “We are proud that Teamshares is becoming the exit strategy of choice for retiring small business owners because we offer the opportunity of ownership for dedicated employees and ensure the business can thrive for generations to come.”Īs part of the transition, Pizza Shuttle will hire a new president, and Gold’s daughter, Jessica Gold, will serve as the General Manager and manage many day-to-day responsibilities within the business. We have been impressed with Mark and Louis’ dedication and passion for the business they grew into a community staple,” said Michael Brown, co-founder and CEO of Teamshares. “Pizza Shuttle is an exciting partnership opportunity for us.
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Teamshares assists with issuing employee stock and helping employee-owners become financially fluent through software and education. Siecinski and Gold partnered with Teamshares, a venture-capital-backed firm that helps small and medium-sized businesses transition from retiring owners to employee-ownership. Maintaining the Pizza Shuttle legacy and culture remains a top priority throughout the ownership transition. With over 65 percent of employees from diverse backgrounds, Pizza Shuttle is well known in the community for serving delicious food in a vibrant, inclusive environment. Beloved both locally and nationally, Pizza Shuttle is continuously ranked in the top 100 of independently owned pizzerias in the country. Since opening its first location in 1985, Pizza Shuttle has become a Milwaukee institution. Protecting a legacy and securing the future When I discovered the employee ownership model, I knew this was how I wanted to transition into retirement – empowering my employees to take ownership and benefit from business growth and success.” “Many of our employees have been with us for years – even decades. This restaurant has been my life, which makes stepping away from the business a very difficult decision,” said Mark Gold, Pizza Shuttle owner. “I dreamed of opening a pizzeria when I was a teenager. The goal is for Pizza Shuttle to be 50% employee owned in 10 years and 80% employee owned in 15 to 20 years. Employees collectively will receive 10% stock in the company, which will be earned through four years of ongoing service at the company. Pizza Shuttle employees will keep their jobs through the ownership transition and will be granted stock. Pizza Shuttle partnered with Teamshares, a financial technology company, to transition the family-owned and operated business to its 80 employees as it plans for the next generation of sustainable ownership. The sidewalk will be closed later in the project, during which a shuttle will be provided.MILWAUKEE - After 37 years as a locally-owned Milwaukee staple, Pizza Shuttle celebrates the transition to employee ownership as pizzeria founders, Mark Gold and Louis Siecinski, set their retirement plans in motion. The pedestrian sidewalk on the bridge will remain open during this closure, PennDOT spokesman Steve Cowan said. Questions or comments about the shuttle service can be directed to Elite Coach Transportation at 72 between 8 a.m. The hours of service will be posted at each location, and copies will be provided on the buses, according to PennDOT. It will be at New Kensington Center City Plaza, the Tarentum park and ride, and Citizens Plaza Apartments. Southbound traffic is not affected.Ī shuttle with Elite Coach Transportation will be provided to help maintain service for transit riders. Motorists on northbound Freeport Road are using the ramp to the bridge to continue north toward Tarentum.
It is expected to be closed through late September. In East Deer, the northbound Freeport Road underpass at the bridge closed Monday. In New Kensington, 10th Street running under the bridge will close to traffic during the same time. Originally planned to be closed in 2024, the closure was advanced to this year.ĭetour routes provided by PennDOT make use of the Tarentum Bridge, which was resurfaced recently.īuilt in 1927, the New Kensington Bridge was named in 1984 for former state Rep.
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It includes various repairs and full painting. The nearly century-old bridge is being closed as part of a $24.59 million preservation project that started in March and is scheduled to be finished in fall 2024. The bridge spanning the Allegheny River between East Deer and New Kensington is scheduled to close to all traffic around 9 a.m. A six-week closure of the New Kensington Bridge will start Monday, PennDOT confirmed Tuesday.
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