Friday, May 30, 2008

The New York Times Attacks ESOPs

We bring your attention to a front page, long, very negative article on ESOPs in the May 29, 2008 edition of The New York Times, page 1, jump page A23, online -http://www.nytimes.com/2008/05/29/business/29sugar.html?_r=1&hp&oref=slogin   This story is potentially the most damaging we have seen for a very long time. ESOP Association President, J. Michael Keeling sent a letter the editor, which is posted below.   The article states that “employees are being cheated...

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Wednesday, May 28, 2008

Sustainability of ESOP Companies Debate Intensifies

When the oldest ESOP companies were ten years old at best in the mid-80s, or even 15 years old in the early 90s, the word “sustainability” was not in the lexicon of the ESOP community.   Beginning about four to five years ago at The ESOP Association’s New England Chapter meetings that were retreats for Board members, or CEOs of New England ESOP companies, several participants were surprised when other business leaders put this topic on the table—why are so many ESOPs...

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Wednesday, May 21, 2008

Teaching Employee Ownership

The Employee Ownership Foundation and the Foundation for Enterprise Development Fund Aspen Institute’s Work on Broad Dissemination of Employee Ownership Teaching Materials to Business Educators   The Aspen Institute is an international nonprofit organization dedicated to fostering enlightened leadership and open-minded dialogue. As part of the Institute’s Business and Society Program, the Center for Business Education (CBE) maintains close ties with major MBA programs in 23...

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Friday, May 16, 2008

Congratulations to the 2008 AACE Award Winners

While the AACE (Annual Awards for Communications Excellence) Awards are primarily an ESOP Association program, we did want to take a minute to congratulate this year’s winners on a job well done.    Category 1-A, Total Communications Program, 100 or fewer employees Winner: Sebago Technics, Inc., Westbrook, ME Runner Up: Worm’s Way, Inc., Bloomington, IN   Category 1-B, Total Communications Program, 101 - 500 employees Winner: MidSouth Building Supply, Inc., Springfield,...

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Wednesday, May 07, 2008

Come See the AACE Winners

The 2008 AACE Award winners will once again be featured at The ESOP Association’s Annual Conference in Washington, DC, May 13 & 14, 2008.    There’s no better way to understand a communications program than to talk to the people who run them. If your company is looking for ways to increase communications or to get employee owners involved, the AACE Awards could be your answer. The Annual Conference features a large exhibit of the AACE entries which are available...

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