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The deputy speaker of the New Jersey Assembly, Upendra Chivukula (D), and Assemblywoman Holly Schepisis (R) have introduced Assembly Bill 2911, which would create a state income tax exclu

On July 9, Connecticut Governor Lamont signed an omnibus bill that included a provision permitting architectural firms to have up to 100% of their shares owned directly by an ESOP.

The members area of the NCEO's Web site now includes an index of research reports available at no charge to members. Topics include the ESOP repurchase obligation, executive compensation, corporate governance and more.

The NCEO is proud to announce the new members of its board of directors, following the election in January.  Six people will be serving new terms on the board:

PFSbrands is a Missouri-based company with 120 employees that supplies hot food programs to convenience and grocery stores nationally. Shawn and Julie Burcham were the company's shareholders.

The winners of the 2006 board elections are Rick Amering (Paychex), Vistor Aspengren (RSM McGladrey), Ed Carberry (Cornell University), Bill Carris (Carris Reels), Dan Marcue (Woodward Communications), John MIscione (Duff & Phelps), and Tim Regnitz (Crow Chizek).

Congratulations to the new NCEO board members. In a record turnout with a very tightly contested race, the winners were:

Acclaimed business author and NCEO board member John Case has written a new 24-page booklet for the NCEO titled Employee Ownership: Building a Better American Economy. It features compelling stories, research results, and easy-access explanations of employee ownership and its potential to

There is no easy way to find out how many companies have broad-based option plans (plans offered to most or all employees) or ESPPs.

A new NCEO survey of 190 ESOP companies shows that only 26% of the respondents have boards made up only of current employees, compared to 49% in 2005. Twenty-nine percent have boards that have a majority of inside directors, compared to 25% in 2005.