ESOP Pass-Through Voting and the New DOL Guidance on Proxy Voting

New guidance from the U.S. Department of Labor on proxy voting of shares in retirement plans, including on environmental, social, and governance metrics, includes a brief section addressing whether trustees can and should override participant directions on offers to buy shares in a proposed acquisition of an ESOP company.

Finding Diverse Candidates for ESOP Boards

Many ESOP companies are looking to diversify their board membership but have a hard time knowing where to look. Board members tend to come from existing networks of CEOs, and tend to be older white males.

2020 ESOP Executive Compensation Survey Results Now Available

Results from our 2020 ESOP Executive Compensation Survey, containing detailed compensation data from 424 ESOP companies, are now available. The survey report includes breakouts by company size (revenue and employee count), industry, percent ESOP ownership, age of ESOP, and S/C corporation status.

Biden Names Key Pro-Employee Ownership Advisers

President-elect Joe Biden has named Jared Bernstein to the Council of Economic Advisers and nominated Neera Tanden to serve as director of the Office of Management and Budget.

NCEO Holiday Gift Guide Is Here

This holiday season, support the employee ownership community by shopping for its products. The NCEO has curated unique gift ideas at every price point. Check out our gift guide and start shopping employee-owned.

Giving Thanks in 2020

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.