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!
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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.
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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.
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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.
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Jul. 30
One Step Closer for ESOPs with the Main Street Employee Ownership Act
TEA is pleased to share that recently the House of Representatives passed legislation, now heading to the Senate, that includes some strong provisions supporting ESOPs and employee ownership.
TEA is pleased to share that recently the House of Representatives passed legislation, now heading to the Senate, that includes some strong provisions supporting ESOPs and employee ownership.
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Jul. 21
Ted Becker Wins Lifetime Service Award
Washington, DC, July 19, 2021 – Theodore “Ted” Becker, Partner at McDermott Will & Emery in Chicago, has been awarded the ESOP community’s highest honor, The 2021 Lifetime Service Award. The Lifetime Service Award honors individuals who have made a significant, long-term contribution to employee ownership and the ESOP community.
Washington, DC, July 19, 2021 – Theodore “Ted” Becker, Partner at McDermott Will & Emery in Chicago, has been awarded the ESOP community’s highest honor, The 2021 Lifetime Service Award. The Lifetime Service Award honors individuals who have made a significant, long-term contribution to employee ownership and the ESOP community.
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Jul. 21
This article provides an overview of the various options for employee ownership.
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Jul. 20
Advocacy update, upcoming events, new members, and member spotlight.
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Jul. 19
Thank you for reading the July issue of The ESOP Report. Inside this issue: Employee Ownership – The Solution to the Small Business Crisis, Advocacy, Appreciation and Learning at TEA National 2021, DOL Cybersecurity Guidance, Financial Literacy for Employee Owners... and more!
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Jul. 14
Washington, DC, July 14, 2021 — On behalf of the more than 10.5 million American employee-owners with an ownership interest in an Employee Stock Ownership Plan (ESOP) company, The ESOP Association applauds Senator Tim Scott (R-SC) and Senator Jeanne Shaheen (D-NH) for including ESOPs as a core requirement in their bipartisan legislation focused on entrepreneurship among older Americans.
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