Electing CEOs, Cooperatives in Politics, How to Retire, and More

Sep 20, 2024

Welcome Back

Your weekly reading roundup is here! 🤓

What We’ve Been Up To

Dr. Hand writes about political violence in his other newsletter, The Runaround

🗞️ News to Know

Collective Campaigns is the first political consultancy firm in the country organized to be organized as a worker cooperative. More here! (H/t Jenny E)
Chicago-based Berlin Packaging announces a shared ownership program for their employees
Project Equity announces the transition of The Watershed Nursery to an employee-owned cooperative
In the Wall Street Journal, Rosabeth Moss Canter explores how giving employees the power to vote for their CEO could improve the company (h/t NJ)

🕴️On Business Succession & Retirement

Washington University emphasizes the importance of including ownership succession support in small business plans
Hope Hartman shares some insight for small business owners exploring exit strategies in her latest podcast episode, featuring Matthew Licina
“Visit with Joe” offers a comprehensive guide on business exit options, helping entrepreneurs navigate their ownership transition options
Bruce Brumberg explains how retiring impacts your stock grants
John Abrams highlights the silver tsunami and shares a guide to worker co-ops

🕵️ Research & Analysis

Ryan Tansom launched the How ESOPs Work podcast miniseries to answer the most frequently asked ESOP questions. This episode features EOX Executive Director Steve Storkan and Prairie Capital Advisor CEO Dave Diehl
In his latest article for Fast Company, Matt Helmer discusses how employee ownership can help rebalance the relationship between labor and capital
Ben Miller highlights the challenges of ESOP appraisal compliance, shedding light on regulatory gray areas
ImpactAlpha explores how Ownify is creating innovative pathways to home ownership through shared equity models
Daniel Chandler and Chris Hayes explore how structural changes to our workplaces can lead to greater society-level equity in an episode of MSNBC’s Why Is This Happening?
Alison Lingane’s post on ImpactPHL discusses the significance of employee ownership investing and its depth of impact
The U.S. Chamber of Commerce outlines the numerous benefits of employee ownership
The Colorado Employee Ownership Office shares some information on Colorado’s Cash Collateral Support Program
The Scottish Government reports on the increasing role of inclusive, democratic business models in Scotland’s economy (H/t Alan Greig)

🌆 What’s Coming: Events

September 23-24 & October 21-22: Employee-Owned S Corporations of America (ESCA) hosts its Regional Policy Seminars in Chicago and Marina Del Rey.
September 24: Join T25’s webinar, “Cooperatives & Community Ownership.” Register here
September 25: Join this Rutgers webinar, “State Level Policies to Promote Worker Ownership.”
October 8-10: Employee ownership will be one area of focus at the 2024 California Economic Summit.
October 21-22: NCEO hosts Is An ESOP Right For You? in Phoenix, AZ
October 24: The Georgia Center for Employee Ownership’s Employee Ownership Celebration
🆕 | October 24: Join ILCEO for the first annual ILCEO 2024 Employee Ownership Celebration
December 4: The 2nd Annual Ownership Economy Summit in New York City. Register here
🆕 | January 13-17, 2025: Registration for The 59th Annual Heckerling Institute on Estate Planning which will explore the use of purpose trusts as a new approach for business succession is here!
February 20, 2025: Attend “The Employee Ownership Transition: A Deep Dive” a workshop for insights on the process of selling to an employee ownership trust (in Scotland)

🕰️ ICYMI

Joss Sheldon shares a concise overview of workplace democracy in his blog
Penobscot General Contractors shifted to an ESOP on July 1st. Read about the ESOP structure here

EO+WD | Employee Ownership + Workplace Democracy