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About this Session

Topics of discussion include:

  • Coordinating the components of adapting your plan
  • Getting the timing right
  • Working with advisors
  • Interim valuations and other distribution policy changes

 

These discussions will be free-flowing. Feel free to bring your personal experience and specific questions to the table.

Donald joined Web Industries in 1973 after attending the Florida Institute of Technology. With more than 45 years at Web, he has served as Manufacturing Supervisor, Plant Manager, General Manager, VP of Manufacturing, company president from 1991 – 2015, and CEO from 1995 – 2018. When an employee-owner of Web Industries, his main goal was to grow Web’s business while preserving the key company tenets of building healthy relationships, serving customers with excellence, and respecting the inherent worth of individuals. Under Mr. Romine’s leadership, Web transitioned into a 100% employee-owned corporation, empowered people to develop their full potential, and expanded the company’s capabilities to meet the high-tech needs of its business partners.

Kevin guides public and private companies and their advisors through ESOP feasibility studies, designs, transactions, terminations, and IRS/DOL ESOPs, KSOPs, EIAPs audits. He and his team of experts craft ESOPs to the specific needs of business owners who are looking for the most rewarding succession plans from the businesses they've worked to hard build. Co-author of ESOPs for Administrators, he's a California State Bar certified tax law specialist.

Tim leads Chartwell's ownership advisory practice, helping privately held and mature ESOP-owned businesses assess and respond to the challenge of driving healthy, sustainable growth. He has been assisting business owners and ESOP companies since 1987. His prior legal, tax, and administrative experience allows him to design creative and practical solutions that drive performance improvements. Tim is an active member of the ESOP Association, the NCEO, and Employee Owned S Corporations of America (ESCA).