ESOPs and Primary Town Hall Forums

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.

Is Huawei Really Employee Owned?

Huawei, the world's largest telecom equipment and communications electronics vendor, has long said that it is 99% owned by most of its 174,000 employees.

Parsons and Mayville Engineering IPOs Set

Parsons Corporation, a 100% ESOP-owned engineering company with 16,000 employees, has set the terms for its IPO. The ESOP will continue to own 80.8% of the shares. The offering is expected to raise over $500 million.

Personal Note on the NCEO Conference

If you were not able to join us last week for our sold-out conference in Pittsburgh, some of the highlights were the record-setting attendance, the buzz of the conversations in the common spaces, and the keynote address facilitated by Christopher Mackin and featuring Heather Braimbridge-Cox (Wind

Massachusetts Relaunches Employee Ownership Office

On April 2, the state of Massachusetts announced that it would restore funding for the Massachusetts Office of Employee Involvement and Ownership. The office will be staffed by two nonprofits, Working Wealth and the ICA Group.