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 9.

The District Court of Northern California ruled on October 24 that the fiduciaries of the California Pacific Bank were personally liable for $875,000 resulting from their failure to follow plan documents during the termination of the ESOP in 2011.

The Global Equity Services Practice Group at the law firm Baker & McKenzie announced last week that it had released an updated version of its

The announcement starts, "The brewers at Harpoon Brewery and Odell Brewing Co. brew like they own the place—because they do own the place." The two ESOP-owned breweries announced that they are collaborating to release a seasonal beer—EHOP—that celebrates hops, oats...and employee ownership.

The IRS released its 2017 limits for retirement plans, several of which directly affect ESOPs.

In October, Christine Perich announced that she would be stepping down as CEO of New Belgium Brewing.

The flagship employee-owned company in the United Kingdom, the John Lewis Partnership, announced that its

The magazine Conscious Company, whose readers focus on various areas of socially responsible business, published an article by Core

Geraldine Ferlins, the CEO of Citronics, will keynote the TechWomen|TechGirls Power Breakfast in Manchester, New Hampshire. Cirtronics is a woman-owned and 40% ESOP-owned manufacturer.

In order to continue to provide practical, hands-on resources to members, today the NCEO is launching its document library for members (member username and password required), which includes examples of checklists, RFPs, interview questions, a

The NCEO's ESOP Executive Compensation Survey is the only source that exists for high-quality, reliable data that is specific to ESOPs. The NCEO asks that all ESOP companies contribute to this unique resource by completing our questionnaire, which should take no longer than 20 minutes.

Employee ownership is often covered by various news organizations, but the list was especially long—and interesting—this week. Here is a selection: