Welcome to your May/June issue of the ESOP Report
This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
The ESOP Association
ESOP Association Resources
Jun. 28
Inside this Issue:
Letter from the President
Announcements
Chapter of the Year
Advocacy Update
NE Award Winners
State Captain Spotlight
Chapter Officers
State Captains
Mentorship Program
Edmunson Scholarship
Chapter Sponsors
Read the full issue >>
Letter from the President
Announcements
Chapter of the Year
Advocacy Update
NE Award Winners
State Captain Spotlight
Chapter Officers
State Captains
Mentorship Program
Edmunson Scholarship
Chapter Sponsors
Read the full issue >>
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Jun. 12
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Feb. 29
Welcome to your February Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
Inside this Issue:
Inside this Issue:
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Feb. 27
During a ceremony on December 19th at DVL Group’s Bristol headquarters, Gerald “Jerry” Mullery (Deputy Secretary, Compensation & Insurance, PA Department of Labor & Industry) presented Tony O’Hare (DVL’s Safety and Compliance Manager) with the 2023 Governor’s Award for Safety Excellence (GASE), on behalf of the Pennsylvania Department of Labor & Industry. O’Hare accepted the award on behalf of DVL.
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Feb. 22
Framework Provided to Dept. of Labor, Congress, and White House as a Model for Fair, Transparent Regulation to Grow ESOPs While Safeguarding Employee Interests
Model Regulation is Work Product of Effort by Leading ESOP Experts and Vetted by Key Stakeholders Across Valuation, Legal, Finance, and Trustee Disciplines
Model Regulation is Work Product of Effort by Leading ESOP Experts and Vetted by Key Stakeholders Across Valuation, Legal, Finance, and Trustee Disciplines
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Feb. 22
Communication is incredibly important to help employee owners understand both the financial benefit of the ESOP and shared ownership culture. But when you look around at your company, you may see a multigenerational workforce with varying degrees of knowledge – and comfort – with the ESOP and financial terms.
So how can you effectively communicate the value of the ESOP, and ultimately strengthen your company’s ownership culture, when you have a multi-generational workforce? Here are a few key steps that we’ve seen work in a variety of industries.
So how can you effectively communicate the value of the ESOP, and ultimately strengthen your company’s ownership culture, when you have a multi-generational workforce? Here are a few key steps that we’ve seen work in a variety of industries.
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Feb. 20
Advisors have seen a dramatic uptick in the number of conversations ESOP clients are having around mergers and acquisitions (“M&A”) in the past few years.
You might ask what is meant by M&A. The concept is broad and the meaning may be different depending on each company’s situation and needs. Experience shows that ESOP companies historically think of M&A in terms of others acquiring their company either by solicitation or responding to bids from potential acquirers.
You might ask what is meant by M&A. The concept is broad and the meaning may be different depending on each company’s situation and needs. Experience shows that ESOP companies historically think of M&A in terms of others acquiring their company either by solicitation or responding to bids from potential acquirers.
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Feb. 16
In 1986 The ESOP Association’s Board of Directors adopted a change to the bylaws allowing for the organization of subgroups under its legal charter and non-profit recognition. Article VIII, Section 1 of The ESOP Association by-laws provide for groups organized in state or regional areas that are known as “State” or “Regional” Chapters of The ESOP Association. This change allowed for the development of our current structure of 19 chapters across the United States.
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Feb. 13
As the new year kicked off, The ESOP Association’s State and Regional Chapter Council (SRCC) joined our Public Policy Council (PPC) Executive Committee in Washington, DC for an annual meeting. In addition to the business conducted by the SRCC and PPC executive committees, the more than 70 volunteer leaders went to Capitol Hill with information in hand to lay the groundwork for the Association’s advocacy efforts this year on several key fronts. They planted the seeds the Association is working to nurture and grow in 2024. But the next step needs your help.
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