Each year the NCEO compiles a review of ESOP litigation over the prior 12 months. The review has been incorporated into our book ESOP and 401(k) Plan Employer Stock Litigation Review 1990-2024.
One theme of most speakers at our conferences is that ownership culture makes employee-owned companies outperform their competitors. People say that because it’s true and supported by data from many independent researchers.
What will your legacy be? We are thrilled to announce our lineup of distinguished speakers and NCEO members for our upcoming “Is an ESOP Right for You?” event on October 21–22 in Phoenix, Arizona.
The appropriation bill passed by the House lacks funding for state employee ownership offices authorized by the WORK Act, but the Senate Appropriations Committee is recommending an initial $2 million for 2025 to help fund them. The committee also urged the DOL to finalize its ESOP valuation regulations.
This September in Indianapolis, I’ll have the honor of joining Jen Briggs on the Fall Forum main stage for our keynote conversation, “Brewing Potential: Leadership Strategies for Employee-Owned Businesses.”
On July 25, the National Economic Council (NEC) hosted a meeting on employee ownership in the White House compound that gathered representatives from federal agencies, legislative offices, and the employee ownership community, including the NCEO’s Loren Rodgers.
The comment period for a proposed Department of Defense rule allowing 100% ESOP-owned companies to receive noncompete follow-on contracts ends on July 29.
The New Jersey Economic Development Authority (NJEDA) has announced a significant collaboration with the Rutgers University School of Management and Labor Relations (SMLR) to foster employee stock ownership plans (ESOPs) across the state. This partnership aims to create educational and informational programs to increase the number of New Jersey businesses implementing the ESOP model.
With the appointment of an experienced worker ownership professional, Hilary Abell, as the division chief of the Division of Employee Ownership, the federal government now has a full-time staff member dedicated to helping employers and employees learn about employee ownership.
