Mark Cuban, the billionaire entrepreneur who founded two companies and is a regular on the television show Shark Tank, said, "We as entrepreneurs have got to make a point to give stock to everybody that works for us. Period. End of story.
The 2018 administration of the General Social Survey (GSS), a long-standing survey of the nation's work force, included a segment on employee ownership.
Davey Tree, one of the largest tree service companies in the U.S., became employee-owned. Since then, its employee count has grown from 2,800 to nearly 10,000, and its stock from 12 cents to $21, a compound annual growth rate close to 14%.
The Forbes magazine list of Small Giants highlights companies that "value greatness over fast growth." Compiled annually by Bo Burlingham (the NCEO's keynote speaker
On May 9, shares of the metal fabrication company Mayville Engineering Company (MEC) began trading publicly on the New York Stock Exchange as company CEO Bob Camphuis rang the market's opening bell.
A Rutgers University-led team of researchers conducted a qualitative study of the asset-building impacts of employee ownership. The team conducted 195 interviews with employee-owners at 21 ESOP companies from June 2015 through August 2018.
With the primary season about to launch, town hall forums will become a staple of at least the Democratic primaries, and possibly Republican as well. This is a great opportunity to promote employee ownership.
