Employee Ownership Blog

Annual elections for the board of directors of the National Center for Employee Ownership (NCEO) will take place in January, and members in good standing are invited to nominate themselves or other members during the nomination window, from now until December 8.

Tanimura & Antle, an employee-owned agricultural firm, was recognized for its work to improve the quality of life of its workforce, both by providing housing and by increasing the safety of harvest operations.

The NCEO is working on a a publication on employee ownership using profit sharing plans as an alternative to ESOPs.

Writing in Banking Exchange, consultant Jeff Gerrish identified 14 characteristics that mark high-performing community banks.

In an agreement flowing out of Acosta v. Bat Masonry Company (W.D. Va. Sept. 29, 2017), the Department of Labor and ESOP trustee James Joyner entered into a process agreement that very closely mirrors the 2014 GreatBanc process agreement.

Two recent articles looked at the interaction between tax reform and employee ownership.

Senator Kirsten Gillibrand (D-NY), one of the four sponsors of the pro-employee-ownership WORK Act (along with Maggie Hassan [D-NH], Bernie Sanders [I-VT], and Patrick Leahy [D-VT]), is promoting employee ownership, including paying a visit to ESOP-owned company

Vermont Governor Phil Scott proclaimed October as Employee Ownership Month.

On October 4, the shareholders of Country Curtains, 40% owned by its employees through an ESOP, voted to liquidate the company, following the recommendation of the company's board of directors.

In Acosta v. First Bankers Tr. Servs., Inc., No. 1:12-cv-08648-GBD (S.D.N.Y. Sept. 21, 2017) (consent order and judgment), the U.S.

The tax reform framework issued by the Trump Administration, not surprisingly, does not say anything about ESOPs.

A new online survey of 800 respondents by John Zogby Strategies for Employee-Owned S Corporations of America (ESCA) found that 62% would like their own Congressional representatives to vote for a bill that is presently before both houses of Congress that would make it easier for owners of S corpo