The ESOP Association
ESOP Association Resources
Feb. 28
Welcome to your February issue of the ESOP ReportThis month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
2935
Feb. 27
The U.S. Senate Committee on Health, Education, Labor & Pensions (HELP) today voted to advance Lori Chavez-DeRemer’s nomination for Secretary of Labor to the full Senate. The HELP Committee approved Chavez-DeRemer’s nomination in a bipartisan vote of 13-9, with Democratic Senators Maggie Hassan (NH), John Hickenlooper (CO), and Tim Kaine (VA) voting in favor and Republican Senator Rand Paul (KY) opposed. Her nomination will now advance to the full Senate where a vote could come as soon as next week.
2934
Feb. 12
President Donald Trump today nominated Daniel Aronowitz, President of Encore Fiduciary and a leading expert with thirty years of experience on fiduciary issues, to be Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA) at the U.S. Department of Labor. If confirmed, Aronowitz would be the lead regulator for ESOPs at the Department of Labor, as EBSA is tasked with administration and enforcement under ERISA.
2921
Feb. 11
The ESOP Association, the only comprehensive national trade association representing businesses owned fully or partially by an Employee Stock Ownership Plan (ESOP), launched a targeted paid media campaign this week in support of Lori Chavez-DeRemer’s confirmation to be Secreatary of Labor. The campaign will be sustained through her confirmation vote.
2917
May. 24
The Main Street Employee Ownership Act is signed into the law, as part of the John S. McCain National Defense Authorization Act for Fiscal Year 2019. The law makes it easier for small companies to use the Small Business Administration’s 7(a) program to finance a transition to an employee-owned business, such as an ESOP.
562
Resource, Press Releases
May. 23
Congratulations to all our AACE winners and runners up - we had an incredible year for the AACE program with some of the best entries we have ever received. Thank you to our judges who took two days to fly to DC to judge the countless entries. We look forward to next year!
341
Resource, Press Releases
May. 23
Washington, DC, May 23, 2019 - Janet Edmunson, founder of JME Insights in South Portland, ME, has been named the 2019 Life Service Award winner by The ESOP Association. The Life Service Award honors individuals who’ve made a significant, long-term contribution to employee ownership and the ESOP community.
339
Resource, Press Releases
May. 23
Washington, DC, May 23, 2019 - Jeff Mounts, Marketing Coordinator at ESP International based in Cedar Rapids, has been named the 2019 Employee Owner of the Year by The ESOP Association. This award recognizes a non-management employee owner who provides a positive influence in the company, and who participates in the company’s employee ownership activities and in the activities of The ESOP Association.
340
Resource, Press Releases
May. 23
Washington, DC, May 23, 2019 - Miklos Systems Inc. (MSI) of Fairfax, VA has won The ESOP Association’s highest corporate honor—the ESOP Company of the Year Award. The award honors a company that actively participates in the employee ownership community and that demonstrates a dedication to The ESOP Association’s vision of employee participation, wealth creation, and individual dignity and worth.
337
Resource, Press Releases
May. 23
Research released today by the Employee Ownership Foundation (EOF) and the Rutgers School of Management and Labor Relations at The ESOP Association's 42nd National Conference in Washington, DC shows that employee owned businesses enjoy uniquely broad support among Democrats, Republicans, and Independents.
338