The future of ESOPs and a new EOT in Texas
EO+WD Weekly Newsletter, Vol.77
đ¤ Welcome Back
In this weekâs newsletter, we feature transition stories from Bobâs Red Millâs and LiveOak Living Community; explore the impact of employee equity at First American Capital; share insights from Mary Joseph and Corey Rosen on the future of ESOPs; and more!
đď¸ News To Know
Sponsorship opportunities for NCEOâs 2025 Weekly Webinar Series are now open
UpSkill America is calling all hiring managers to help fill out an employer survey
The National Center for Employee Ownership announces its 2024 Employee Ownership 100 list
Daniel Goldstein highlights an exciting employee ownership cross-community collaboration in support of the Penn ESOP Leadership Program for CEOs
Dr. Hand, Tony Guidotti, and Dr. Nien-he Hsieh visited LiveOakâs Living Community to discuss their upcoming transition to an EOT. Read all about it in the San Marcos Daily Record
đ Research & Analysis
Mary Joseph and Corey Rosen have a Q&A conversation on what theyâve learned over the years about ESOPs and EO, including the challenges, benefits, and future prospects
Bobâs Red Mill discusses their employee ownership journey and its benefits
In Fast Company, Matt Mazewski, Adria Scharf, and Douglas Kruse recommend employee ownership for large corporations
Financial Times features the Behind the Money podcast episode: âPrivate equityâs experiment with worker ownershipâ with Michela Tindera, Antoine Gara, and Pete Stavros where they discuss how KKRâs shift to offer employee equity has reduced turnover and improved performance
In The Philadelphia Citizen, Roxanne Patel Shepelavy advocates for more employee-owned businesses as a means to build a more resilient local economy in Philadelphia
On his Financial Sense podcast, Jim Poplava interviews Lawrence Kaplan of CSG Partners on the benefits of selling to your employees through an ESOP
In a press release, First American Capital Corporation explains how they helped Joseph Spencer transition into successful entrepreneurship through their employee ownership program
In her latest LinkedIn post, Alison Lingane highlights Impact Alphaâs article on the concentration of ownership in our food system and emphasizes the negative impacts this concentration has on workers, consumers, and communities
đ Coming Up: Events
November 19: Common Trust hosts Clegg Auto for their next Owners Session: Growth And Profit Sharing With Employee Ownership
November 21: NCEOâs Game Changer: ESOPs for CPAs and their Clients webinar
November 21: Project Equityâs Sell Your Business & Attract & Retain Employees webinar
November 22: The 7th Annual Private Equity and Employee Share Ownership Symposium
đ | November 25: Graeme Nuttall discusses the essential skills needed for successful employee ownership on The Future of Work: Employee Ownership and Economic Transformation
December 3: Project Equity and Kaiser Permanenteâs free LIVE Webinars on discuss succession planning and employee ownership
đ | December 2: Join the Employee Ownership Expansion Network & the Florida Center for Employee Ownership (FLCEO) to hear about Ocaquatics Swim School and their EOT transition; register here
December 4: The 2nd Annual Ownership Economy Summit in New York City. Register here
December 11: Rutgersâ workshop on Employee Stock Ownership Plans (ESOPs) and Labor Market Inequality - Investigating the Motherhood Penalty, Marriage Premium, and Racial Disparities
đ | December 12: Join the Ownership Capital Lab and Transform Finance to learn about their most recent in-depth EO research & investing opportunities; register here
đ | January 13-17, 2025: This yearâs Heckerling Institute on Estate Planning will include a session on using purpose trusts for business succession, featuring Natalie Reitman-White
February 3-4: Is an ESOP Right for You? in Austin, Texas
February 20, 2025: Attend âThe Employee Ownership Transition: A Deep Diveâ a workshop on the process of selling to an employee ownership trust (in Scotland)
April 9-10 2025: The Aspen+Rutgers Employee Ownership Ideas Forum in Washington, DC. Tickets will be released via the Aspen EOP mailing list
đ°ď¸ ICYMI
Employee Ownership Canada announces a new website and a new chapter for Canadian businesses and employees
Project Equity posts a YouTube video discussing how employee ownership can be used to close Americaâs wealth gap