Rhode Island Succession Planning Task Force

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Get ready for ‘silver tsunami’

Editorial and Op-Ed 10/10/2025

Should state government encourage employee business ownership? Lt. Gov. Sabina Matos says yes, to help preserve jobs. She points to the dissolution of iconic Rhode...

ANOTHER WAY?: Arnold Bromberg, right, former co-owner of Benny's Inc. and the grandson of the chain's founder, helps a customer at the Providence store in 2016. The family-owned business closed the following year, in part because there was not another generation of the family ready to take over. Lt. Gov. Sabina Matos says employee ownership might have offered another solution. / PBN FILE PHOTO/MICHAEL SALERNO

Matos: Task force to offer guidance, not dictate business succession

Editor's Choice 10/03/2025

Lt. Gov. Sabina Matos is seeking to encourage employee ownership as a succession plan for small-business owners, but collaboration with the business community and...

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