Department of Labor report shows rising Employee Stock Ownership Plan participation, worker ownership growth
“This is about protecting who we are," said Jonathan Timm, North Arrow's Founder. "Our employees are the heart of this organization.”
Going from solo ownership to being an employee-owned business has some cool benefits for air conditioning company Sunset Air,
“We all decided it was far better to retain the customer culture by going with an employee stock ownership program,” said Scott Hoffman, chief executive officer of Fisher Barton.
Founders Steve Buttitta and Craig Luce transfer full company ownership to employees, marking a milestone in Keena's 20-year legacy of healthcare IT innovation
This is about building on our legacy and creating an opportunity for our employees to share in something they helped build.
Daniel Aronowitz, the head of the Employee Benefits Security Administration (EBSA), announced that EBSA will be focusing its enforcement efforts on the duty of loyalty, including ESG and DEI; and will be more supportive of ESOP creation than previous administrations.
Maine Drilling & Blasting (MD&B), a leading provider of drilling and blasting services, is celebrating its 60th anniversary and its 22nd as an Employee Owned Company.
The Employee Benefits Security Administration (EBSA), under Assistant Secretary Daniel Aronowitz, will be shifting enforcement focus away from Employee Stock Ownership Plan (ESOP) valuation investigations.
Acquisition brings together two companies with decades of success delivering innovative solutions to the aerospace and defense science and technology sector.