The deadline for potential candidates to be nominated for the NCEO's board of directors is December 18. Annual elections for the board will take place in January, and members in good standing are invited to nominate themselves or other members.
Suzanne Cromlish, a Ph.D. student at Case Western Reserve, has been working with the NCEO on groundbreaking research on ESOP company acquisitions of other companies. The first phase of this showed impressively positive results.
Several major employee-owned grocery store companies were in the news in recent weeks. The New York Times led many other news outlets in coverage of Texas-based supermarket chain HEB's decision to share ownership with its employees.
The Beyster Institute at the University of California San Diego's Rady School of Business will hold its fourth certificate program for non-professional ESOP trustees from February 21 to 24.
Some of the news most in the public eye about employee ownership is coming from ESOP-owned breweries, but now a craft brewer, Evans Brewing Company of Irvine, Calif., has
Last week, the Center for American Progress released a second policy-oriented report on employee ownership, this time focusing on understanding the scope and policy implications of risks associated with retirement-based employee ownership.
In Allen v. GreatBanc Trust Co., No. 1:15-cv-03053 (N.D. Ill. Oct. 1, 2015), a district court dismissed a lawsuit against GreatBanc Trust in its role as a fiduciary in an ESOP transaction at Personal-Touch Home Care.
Marco, a St. Cloud-based firm with 920 employees in Minnesota and five other states, announced that it will end its 26 years as an ESOP company through a sale to the investment firm Norwest Equity Partners.
