XPX Cos Mallozzi Chapter 3: Letting Go

Mikal Schalk of Wood Stone & Ivy is a member of XPX Tri-State
XPX Content

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Mallozzi takes us through the steps of his exit experience. His first step was announcing his final decision to retire from the agency. His shares were divided and Mallozzi was issued a long-term note payable over the next 5-6 years. As long as the company performs well, Mallozzi’s payout is secure. He remains involved with the agency as an advisor simply to support progress and the health of the firm.

Updated: October 13th, 2021

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