CEO, NewAge Industries
Ken Baker is the CEO of NewAge Industries, a plastic and rubber tubing and hose manufacturer and RFID tag solutions provider located in Southampton, Pennsylvania. The company originated in 1954 and Ken joined in 1985 as the second generation of his family to carry on its successes. NewAge provides solutions to many Fortune 500 companies and services customers worldwide.
Ken has over 25 years of experience in the tubing and hose industry. He is a majority owner of Colex International, NewAge’s sister plant in Leicestershire, England. In 2001, Ken led NewAge in the launch of AdvantaPure, the company’s high purity tubing and hose division, and has since worked to develop several innovative Single Use disposable solutions. He is a co-inventor on five patents in RFID tagging technology for the company’s Verigenics™ RFID division and is a co-founder in the RFID in Healthcare Consortium. Ken is also a board member of the BPSA Bio-Process System Alliance, an industry trade organization.
In 2006, Ken established the company’s Employee Stock Ownership Plan (ESOP), and its employees now own 40% of the company. He is a founding member and Chairman of Pennsylvania Center for Employee Ownership (PCEO), a new organization designed to raise awareness and increase the number of employee owned companies in Pennsylvania. In addition, Ken spends time speaking about ESOPs to other CEOs at local and national events.
Ken invites area high school students to intern at NewAge Industries each summer and is on the Foundation board of Montgomery County Community College. Ken is also a generous contributor to local and national charities.