The ESOP Association
ESOP Association Resources
Jun. 05
President Trump’s Nominee for Assistant Secretary of Labor and Head of EBSA Signals Major Shift in Dep. Of Labor’s Posture Toward ESOPs During Confirmation HearingDuring his confirmation hearing today, Daniel Aronowitz, President Trump’s nominee to lead the Employee Benefits Security Administration (EBSA) as Assistant Secretary of Labor, signaled a sea change in how the Department of Labor (DOL) views ESOPs under this Administration. EBSA is the chief regulator of ESOPs at the DOL under the Employment Retirement Income Security Act (ERISA).
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Oct. 29
A newsletter for the members of the PA/DE Chapter of the ESOP AssociationRead the Full Issue >>In this Issue:A Note From Our PresidentFUNd RaisingAdvocacy
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Oct. 25
The ESOP Association has been informed that a proposed rule from the U.S. Department of Labor regarding what is known as the “adequate consideration exemption” for ESOP transactions has been drafted and is being submitted to OMB imminently.OMB is the agency that “oversees the implementation of the President’s vision across the Executive Branch.” This is the first step taken before a regulation can be made public for a notice and comment period.
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Oct. 11
It’s that time of year. TEA’s Chapters across the country are now accepting nominations for annual awards! Each individual TEA chapter awards two major honors every year, the ESOP Company of the Year and the Employee Owner of the Year. All nominees will be recognized during chapter events, with the winners from each chapter automatically entered in TEA’s national awards competition. National finalists and winners will be announced during the annual awards show at TEA’s National Conference 2025, on May 6-9 in Washington, DC.
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Oct. 11
In August, ESOP CEOs and Presidents from across America convened for The ESOP Association’s third annual CEO Summit in Newport, Rhode Island. This year’s Summit was our largest to date, with more than 150 CEOs coming together to gain valuable new insights, grow their CEO peer networking group, and exchange best practices on the most challenging issues facing ESOPs.
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Oct. 11
In our ongoing commitment to empower the ESOP community, The ESOP Association has developed a comprehensive toolkit to assist employee owners with exercising their right to vote. This toolkit is designed to harness the democratic power of over 10 million individuals in ESOP companies, their employee owners, and professional service providers.
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Oct. 11
Washington State Senator Mike Padden of Washington’s 4th Legislative District serves Colbert, Greenbluff, Liberty Lake, Millwood, and Spokane Valley. He was first elected to the state House in 1980 where he served more than 14 years, and then returned to the state Senate in 2011. During that time, he has held several key leadership roles in the state legislature.
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Oct. 11
Members of the House and Senate are out of session for nearly all of October. That doesn’t mean they’re on vacation; it means they will be back in their districts meeting with constituents, touring facilities, speaking at organizations and events, and otherwise engaging with their voters. Now is the time to contact Members of Congress to get them to tour your business during these open periods!
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Oct. 11
The Employee Ownership Foundation is proud to announce the 2024 Charles R. Edmunson Scholarship Recipients. In its 25th year, the scholarship program is named in honor of employee ownership pioneer Charles Edmunson, who dedicated his life to the belief that all employees should be provided an opportunity to own a piece of the company where they work. Charles believed education was the cornerstone of this vision.
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