The Employee Ownership Foundation works to increase knowledge of employee ownership among thought leaders, academics, the media, and the general public. A more recent mandate of the Foundation has been funding academic fellowships for scholars researching broad-based employee ownership in America. The following is a quick rundown of fellowships awarded this year and administered by the Rutgers’s School of Management and Labor Relations (SMLR). In April 2010, Rutgers SMLR...
The Employee Ownership Foundation and the University of Pennsylvania’s Center for Organizational Dynamics, have partnered to offer CEOs/Presidents and/or the CEO/President designee, of ESOP companies a breakthrough Certificate Program - Leading in an Ownership Setting: The Program for CEOs. This ESOP Leadership program is focused on enhancing each participant’s leadership effectiveness in his or her own company. The program will provide CEOs with: • An understanding...
Dr. Richard B. Freeman, a preeminent researcher in the shared capitalism and employee ownership field, holds the Herbert Ascherman Chair in Economics at Harvard University, and is a research associate at the National Bureau of Economic Research, recently addressed The ESOP Association’s membership at the 2010 Annual Conference in May. A video of his presentation is now available on The ESOP Association’s website. A link to the video is located under News on the...
The Employee Ownership Foundation is proud to announce the 2010 Edmunson Scholarship winners. The Charles E. Edmunson Scholarships Program is the oldest and most recognized of the Employee Ownership Foundation’s programs. Award scholarships are provided to winning ESOP companies to help defray the cost of sending non-management employee owners to ESOP Association programs and seminars focused on ownership education. The 2010 scholarship winners are: Kim...
Carey Chen, Vice President and Chief Financial Officer of Hypertherm, Inc. located in Hanover, NH, has been elected to the Employee Ownership Foundation’s Executive Committee. Mr. Chen has been elected to fill an at-large slot representing a corporate member. Mr. Chen was formally approved at the Employee Ownership Foundation’s Executive Committee meeting held prior to the 33rd Annual Conference in Washington, DC in May 2010. “Carey will be a strong addition...
On March 18 – 19, 2010, the Mid-Atlantic, New South, and the Carolinas Chapters held the first ever Tri-Chapter Regional ESOP Conference at Pinehurst Resort in Pinehurst, NC. The Chapter meeting featured sessions on culture and communications as well as a few technical sessions. As many Chapters do, a raffle was held at the Conference and in addition to the already good prizes up for grabs, the Pinehurst Resort graciously donated a three day/two night stay golf package. The...
On May 6, 2010, Rutgers University’s School of Management and Labor Relations announced the establishment of the Louis O. Kelso Fellowships for the study of broadened ownership of capital in a democratic society. The fellowships honor Kelso, a San Francisco merchant banker, lawyer and political economist. Kelso created the ESOP and worked on other approaches to expand the ability of workers and citizens to acquire capital. He died in 1991. The fellowships are supported by the Employee...
On April 28, 2010, Rutgers University’s School of Management and Labor Relations announced the establishment of the Smiley Fellowships in economic history to encourage the study of significant issues related to broad-based employee ownership in American history. The fellowships were established by Robert W. Smiley Jr. through the auspices of the Employee Ownership Foundation. Mr. Smiley is the founder, chair and managing director of The Benefit Capital Companies Inc., a national...
The application period for the 2010 Shared Capitalism through Employee Ownership Award is now open. For more information about the award and the application process, please click here. The application deadline is Friday, April 16th. The Center for Business Education at the Aspen Institute (Aspen CBE), in partnership with the Foundation for Enterprise Development and the Employee Ownership Foundation, is pleased to announce the second annual award for promising dissertation research...
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...
The following press release was sent out this morning by the Employee Ownership Foundation regarding the winner of the 2009 Dissertation Proposal Award – Daphne Berry. We wanted to share the news with our readers here. FOR IMMEDIATE RELEASE Contact: Linda Lehrer Communications Director The Aspen Institute (212) 895-8002 Linda.Lehrer@aspeninstitute.org Wai-Lean Roos Foundation for Enterprise Development (858) 754-3559 wroos@fed.org Amy Gwiazdowski The...
The Employee Ownership Foundation is proud to announce the 2009 Edmunson Scholarship Winners. Wayne Violette and Julie Giantonia of BL Companies, Inc., Meriden, CT Kathy Althoff and Cathy Jordon of CarePro Health Services, Cedar Rapids, IA Lisa St. John of CHART Rehabilitation of Hawaii, Inc., Honolulu, HI Kelly Doyle and Lindsay Grace of Hypertherm, Inc., Hanover, NH Natalya Steinke and Deborah Morelli of MMC Corp, Overland Park, KS Krys Spare and Barb McMullen of the Monroe Publishing...
On May 2, 2009, advocates of employee ownership gathered in Philadelphia at the University of Pennsylvania for the 2nd Annual Roundtable Conversation among Scholars and ESOP Leaders. The state of research on employee ownership and questions that need to be answered were hot topics this year with Rutgers professors and the pre-eminent researchers in the field, Dr. Joseph Blasi and Dr. Douglas Kruse, asking participants to let them know what sort of data is needed by the employee ownership...
On May 22, 2009, Rutgers University released the following press release on Shared Capitalism fellowships. We wanted to share the news with the employee ownership community. The press release can be found on the Rutgers University website as well - http://news.rutgers.edu/medrel/news-releases/2009/05/rutgers-awards-fello-20090522. Rutgers Awards Fellowships on Shared Capitalism School of Management and Labor Relations brings together top experts May 22, 2009 NEW...
The Shared Capitalism through Employee Ownership Award, a new annual award for promising dissertation research, has been officially launched. The purpose of the award is to identify innovative research in business or business-related disciplines concerned with the impact or effectiveness of shared capitalism and/or broad-based ownership strategies in combination with participative workplace practices. The recipient(s) will receive recognition at an awards ceremony hosted by the Aspen...
It has always been a dream of the employee ownership community to have an employee ownership endowed chair at a university. Thanks to Dr. J. Robert Beyster and the Foundation for Enterprise Development (FED) one has been established at Rutgers University. See the press release below for more information. ‘World’s First’ Professorship in Employee Ownership Endowed at Rutgers March 03, 2009 NEW BRUNSWICK, N.J. – The Foundation for Enterprise...
Steve Sheppard is a frequent speaker to employee-owned companies and the ESOP community at large on the financial and transformational potential of employee ownership. Now, in partnership with the Employee Ownership Foundation, Steve is scheduling speaking engagements with business leaders and opinion makers who are not aware of the power of employee ownership through an ESOP for employees and companies sponsoring ESOPs. Steve, former CEO of the employee-owned Foldcraft Company...
The Charles E. Edmunson Scholarship Program, the oldest and most recognized of the Employee Ownership Foundation’s programs, will once again award scholarships to winning ESOP companies to help defray the cost of sending non-management employee owners to ESOP Association programs and seminars focused on ownership education. For more information on the scholarship program or for information on how to apply, please contact Gwenn Rosenthal at gwenn@esopassociation.org or call 202/293-2971. Don’t...
Yes, you read the correctly. At the ESOP Association's Las Vegas Conference & Trade Show held last week, the Employee Ownership Foundation raised over $50,000 with the generous help of the employee ownership community. The largest single donation was made by the employee owners of Norcal Waste Systems, Inc. located in San Francisco, CA. The incredibly charitable employee owners donated over $27,000 to the Foundation. Keep an eye on this space as photos from the...
The following press release was sent out this morning by Employee Ownership Foundation, the Aspen Institute Center for Business Education and the Foundation for Enterprise Development. Innovative Collaboration Creates Largest Online LibraryOf University Teaching Materials on Employee Ownership October 29, 2008 (Washington, DC) – The Employee Ownership Foundation (EOF), Aspen Institute Center for Business Education (Aspen CBE), the Foundation for Enterprise Development (FED)...
As part of the ESOP Outreach Program, Steve Sheppard frequently speaks to ESOP companies on how to harness to the power of employee ownership. Now, in partnership with the Employee Ownership Foundation, Steve is scheduling speaking engagements with business leaders and opinion makers who are not aware of the transformational power of employee ownership through an ESOP. Steve, former CEO of the employee-owned Foldcraft Company in Kenyon, Minnesota, will travel the U.S. speaking...
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...
The Employee Ownership Foundation recently released a final report on the reasons why companies terminate ESOP plans. The report was completed in two phases and found that the most common reason for termination of an ESOP is acquisition of the ESOP company by new owners. The report was commissioned and funded by the Employee Ownership Foundation and conducted by the National Center for Employee Ownership in Oakland, CA. Phase I of the report found that while the most common...
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