Leading facility solutions firm begins new chapter of shared ownership to further drive performance, stability, and client value
The ESOP trust will still retain over 20% of the remaining shares, with the original equity holders owning the other majority interest.
Transitioning to employee ownership simply recognizes what’s already true: Our people are this company
Record-breaking ESOP milestone includes 14 technicians; 85 employees now have $500K+ in stock ownership
Businesses that convert to employee ownership could soon receive a $100,000 tax credit in Wisconsin
Daniel Aronowitz pledged Thursday to reduce litigation and expand retirement benefits and also to end a “war on ESOPs.”
Company becomes one of the first in the social recognition and groups, meetings and events industries to complete full transition to employee stock ownership plan
Creating a legacy business, creating longevity, creating protection and enrichment for their employees were leadership’s motivations for going ESOP.
By offering equity to its own workforce, a company can both dramatically increase worker engagement and provide a powerful value creation differentiator
Labor Secretary Lori Chavez-DeRemer gave the keynote address at The ESOP Association (TEA) National Conference in Washington, DC.
The two bills, proposed by Senator Bill Cassidy, aim to strength employee stock ownership plans.