Following is an abbreviated version of remarks delivered by The ESOP Association’s President and Chief Staff Officer, J. Michael Keeling, to attendees of the 18th Annual Las Vegas Conference and Trade Show held at Caesar’s Palace in Las Vegas, NV, November 12 and 13, 2009. The speech originally ran in the November 2009 issue of the ESOP Report. “Today’s remarks are in two parts. As I travel around the country speaking primarily to our Chapter...
1 – An interesting article on ESOPs ran in The Wall Street Journal this week --- “Giving Employees a Share” by Diana Ransom. You can read the full article by clicking on the following link - http://tinyurl.com/ygsa3d5. 2 – The ESOP Association has a page on Facebook. Yep, you heard that right, we’re now on Facebook. So, do what you do and friend us. 3 – Don’t forget we’re on LinkedIn too.
At The ESOP Association’s Las Vegas Conference and Trade Show held November 12 and 13 at Caesar’s Palace in Las Vegas, NV, the Employee Ownership Foundation raised close to $50,000 with the generous help and support of the employee ownership community. “For two years in a row, the Employee Ownership Foundation has asked members of the Association to help meet a fundraising goal at the annual Las Vegas Conference and Trade Show. For the second year, our members have...
The Louis O. Kelso Fellowships for the study of broadened ownership of capital in a democratic society will be awarded through Rutgers University for the 2010-2011 academic year to outstanding scholars studying the topic of broadened ownership. The general theme of the fellowships includes the study of the idea, practice, and public policy of broadened ownership of capital assets in society. The fellowships would permit the scholars to conduct their own work and also associate with...
One of the major criticisms of ESOPs we have run into over the years is that ESOPs do not make employees “real” owners, or that ESOPs are not “real ownership.” Generally, those making this criticism would be labeled as more “liberal.” [Certain views in conservative circles use different points to criticize ESOPs.] The President of United Steelworkers International, a very influential labor union in our national politics, Mr. Leo W. Gerard,...
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