EO+WD Weekend Newsletter Vol. 26

On town halls, purpose trusts, and... football! 🏈

Welcome Back!

The weather has cooled and fall is approaching… right? 🍂

What We’ve Been Writing 

• Megan covers marketing firm The Walker Group’s transition to a perpetual purpose trust

• Dr. Hand details the long and fascinating history of town halls in America as well as a new database for open jobs at employee owned firms 

• Tiffany explores whether employee ownership could be one way for the NFL to address the lack of diversity in team ownership

What We’ve Been Reading 

• Oregon Prof. Susan Gary’s new paper just dropped: The Changing Landscape of Business Succession: How and Why Purpose Trusts Matter

• Yifat Aran and Raviv Murciano-Goroff cover why employees should carefully consider equity compensation 

• Last week Patagonia celebrated the one year anniversary of their transition to a perpetual purpose trusts dedicated to saving the climate 

• Read more on KKR’s plan to make book publisher Simon & Schuster employee-owned and whether private equity can truly ‘play nice’

Coming Up This Week

• The National Center for Employee Ownership’ hits Houston this week for its Fall Forum

• Our friends at Common Trust will participate in an ImpactAlpha forum titled Agents of Impact Call 54: The employee-ownership edge

In Case You Missed It 

• Texas made a major move to allow the creation of (practically) perpetual purpose trusts in the state; be sure to check out Dr. Hand’s coverage on the new legislation 

• We attended the National Center for Employee Ownership’s EOT peer gathering this week, which focused on the role of public policy in supporting EOTs

The Employee Ownership + Workplace Democracy Research Cluster (EO+WD) is a joint project of UT-Arlington professor Mark Hand and students at UTA and SMU.