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Headquartered in San Jose, California, leading drywall provider California Drywall has become 100% ESOP-owned.

BDO USA, the nation’s sixth-largest accounting and advisory firm, announced it will set up an ESOP that will buy a substantial minority interest in the company. The plan will include more than 10,000 U.S. employees.

Employee-owned companies continue to thrive amid the chaos.

● Four companies have recently converted to employee ownership structures with the help of the Employee Ownership Grant, a program introduced last year by the Co

Longtime minority ESOP Realityworks has officially become 100% employee-owned through an ESOP.

A piece by Jeanette Neumann in Bloomberg titled “How a Worker-Owned Business Model in Spain Is Keeping Inequality in Check,” examines the success of the

Des Moines, Iowa, marketing firm Strategic America is now employee-owned via an ESOP.

Boeing Co. is scrapping most pay raises next year and giving out stock-based compensation instead as the company braces for a long recovery from the coronavirus pandemic.

● Venn Strategies, a Washington, DC–based government and public affairs firm, is now 25% ESOP-owned. Founder and former sole owner Stephanie Silverman has long had employee ownership as a goal for the firm.

● Once again, employee-owned companies have gone above and beyond to show us the reason for the season.