Jaymie Oviedo
It's no secret: here at the NCEO, we love to see members of the ESOP community thrive. In a year that has been challenging in many ways, the NCEO came together in a team collaboration to highlight just a few of our favorite employee-owned companies that are uplifting employee ownership in their own businesses. This season, we hope to spread cheer throughout the entire ESOP community and beyond.
Dallan Guzinski
I was recently joined by Trevor Monnig, CFO at employee-owned PFSbrands, and Patrick Carpenter, president of GRITT Business Coaching, to discuss the importance of rhythm and cadence in communications and internal education initiatives with employee-owners. As part of a series in the NCEO’s new seasonal training program, the Communications Committee Crash Course, employee ownership and business leaders have been meeting for several weeks to learn about what makes ownership culture and communications thrive in an ESOP company. My two guests joined us to focus on what has helped PFSbrands accomplish its goals in the midst of a pandemic and further engage employees in the financials of its business.
Corey Rosen
President-elect Joe Biden has named Jared Bernstein to the Council of Economic Advisers. Bernstein wrote a 2016 paper, Employee Ownership, ESOPs, Wealth, and Wages, for the Employee-Owned S Corporations of America (ESCA) on why employee ownership is important. Bernstein said that he did not support further tax incentives, but did support a federal outreach program on ESOPs and conditioning current corporate tax incentives on sharing ownership.
Timothy Garbinsky
This Thursday I'll be presenting to our friends in the Netherlands about how American ESOP and other employee-owned companies have fared during this pandemic. And though I usually wouldn't be fully awake until the second football game of the day, I'm actually excited at the prospect of waking up at 6:30 am on a holiday.
Jordan Boone
We invite you to provide expert advice to our community of employee-owners and business owners via our weekly webinar series!
Timothy Garbinsky
Employee ownership provides a lot of benefits to employees, communities, and companies, but one of the less discussed but most important features of employee ownership is that it allows companies to focus on long-term goals and values, not the short-term goals of public company shareholders or private equity firm buyers. Black & Veatch is the 10th-largest majority ESOP-owned company and the 12th-largest engineering company (in fact, 7 of the top 20 are employee-owned, and 6 are NCEO members). Recently, it made a major decision to focus on sustainable energy products and move away from any coal-related projects.
NCEO
We invite you to join us on April 20 and 21, 2021, for the NCEO's virtual Annual Employee Ownership Conference. Register before November 30 to be entered into a raffle for a #bettertogether box filled with fun items from an employee-owned company. Register now!
Kim Blaugher
The ESOP community has asked for a graduate-level course that will provide emerging consultants with the broad level of knowledge required of them, and we are happy to help meet that need. The Beyster Institute is excited to announce our new academic course in partnership with the University of California, San Diego Extension team. "Understanding ESOPs: Training to be an ESOP Professional" is a 16-week course for both emerging leaders in the ESOP community and those new to the world of employee ownership. We have invited subject-matter experts from key areas of employee ownership to pass on their high-level knowledge and wisdom through lectures and specialized activities.
Loren Rodgers
Annual elections for our board of directors 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 18.
