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

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

Communication is incredibly important to help employee owners understand both the financial benefit of the ESOP and shared ownership culture.

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.

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.

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.

Product is the Result of Two-Year Professional Working Group Effort

Nearly two years ago, at the 2022 ESOP Association Professionals’ Forum, an important group of professionals was organized to find ways to leverage the U.S.

For many years, The ESOP Association’s National Conference in Washington, DC has served two essential roles for our community. It has been an opportunity for members to upskill their ESOP educations and hear from world-class speakers from the highest levels of business and government.

Welcome to your January 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:

We thank you for celebrating the joy of employee ownership with The ESOP Association this year!

The ESOP Report will return in early January 2024 with all the news, content, and announcements you expect from The ESOP Association.