The ESOP Association Blog

Covering ESOPs and employee ownership

January 2015 Monthly Wrap-up

As it turns out, January was a busy month…

We noted some upcoming events for February

We reported that the Department of Labor will not mandate ESOP appraisers be ERISA fiduciaries

The ESOP Association filed an amicus in Supreme Court case Tibble V. Edison Int’l

ESOP Association members were named Great Places to Work!

The January 2015 ESOP Report was published

We shared a guest post from AACE Awards Volunteer Coordinator, Paul Horn – 2015 AACE Awards

We highlighted a new report from the Center for American Progress that discusses inclusive prosperity

2015 conference sponsorship were announced

We mentioned a few ways to keep up with Association updates

2015 AACE Awards category information was shared

The Two Day Professional ESOP Forum was announced

The ESOP Administration Handbook was highlighted

ESOP Experts 2015 – If you’re interested, more info here

2015 AACE Awards — we told you what you need to know to enter this year

Filed under: AACE - Annual Awards for Communications Excellence, Chapter News, Conference Information, DOL Proposed Fiduciary Regulation, Employee Ownership Message, Government Affairs, Member Services, Publication, Retirement Issues, TEA Members,

Guest Post – 2015 AACE Awards

AACE 2015Since the deadline for the 2015 AACE (Annual Awards for Communications Excellence) Awards has been set (Tuesday, February 17, 2015), we thought it would be a good time to invite Paul Horn, volunteer coordinator for the AACE Awards Program, to talk about why the AACE Awards are important and why your company should enter.

 You can download a copy of the 2015 AACE Awards brochure and more information can be found on the Association’s website. Please take a close look as several categories have been updated for this year.

 

AACE is a great way to document your ESOP communications program and see how your company compares with other ESOP companies.

Are there ways to help your AACE submission stand out?

Be creative and think “outside the box.”  The AACE judges review numerous entries in a variety of categories.  Think of something different that will grab the judge’s attention.

Highlight your employees.  Active employee ownership is best evidenced with articles by and pictures of employees in action.

Homegrown education.  ESOP education and open book materials you develop yourself carry greater impact.  The more color you use, the more it will catch the eye.

Events.  Pictures and descriptions of company meetings and events are a great way to showcase your ownership spirit.  For example, meetings with elected officials, themed events, and community activities help make your submission memorable.  Make sure to document when the events occurred.

Fun.  Games, food, more games, and more food are always ESOP company favorites. The stranger the game, the more exotic the menu, and the greater the employee participation, the more likely your submission will stand out.

Organization.  Clearly document your category submissions. A display board and other company paraphernalia also will help draw attention to your materials.

Good luck and we look forward to receiving your 2015 AACE submissions.

Paul Horn is president of WorkPlace Consultants, LLC located in Bethesda, MD. He is a member of The ESOP Association’s Advisory Committee on Ownership Culture and a Chapter Officer of the Association’s Mid-Atlantic Chapter.

Filed under: AACE - Annual Awards for Communications Excellence, , ,

2015 AACE Awards Deadline

Reminder — the 2015 AACE Awards deadline for submissions is February 17, 2015! Information, guidelines, and entry forms are HERE. We’re looking forward to seeing this year’s entries.

Filed under: AACE - Annual Awards for Communications Excellence,

2015 AACE Awards Category Information

With the deadline approaching (all entries must be received by AACE Awards Program Manager, Pat Barnes, no later than February 17, 2015 to be considered for the 2015 competition), we thought we’d share information on the awards categories.

Information and entry forms can be found in the 2015 AACE Awards brochure which is available on the Association’s website. If you would like to view photos of last year’s entries, see the Association’s Flickr page.

AACE2015COVER

*Read entry procedures carefully!*

*Note: all entries are to be submitted by category, either tabbed or in separate notebooks. Label clearly.*

CATEGORY 1, TOTAL COMMUNICATIONS

Division A: 250 or Fewer Employees

Division B: Over 250 Employees

*(Follow new entry procedure)*

This award recognizes excellence in a total communications program. Material should reflect a number of aspects of the company’s overall communications program.

Items submitted can include, but are not limited to, newsletters, brochures, promotional items, documentation of special events and meetings, educational material, press releases, advertising art, or any other medium the company uses to promote and explain the ESOP to its employee owners or the public, such as websites and intranets.

Note: if you wish to enter this category, mark it on the entry form, and all the other materials you send will be considered. If there is additional material not included in other submissions, put this extra material in an additional notebook or section and mark “Category 1”. CD/DVD disks or thumb drives should be labeled, put in the front of a notebook and noted on the entry form.

 

CATEGORY 2, PRESENTATION VIDEOS

Division A: 250 or Fewer Employees

Division B: Over 250 Employees

*(Note new entry procedure)*

This award recognizes excellence in the use of video to promote the ESOP concept to employees or the outside world.

Note: presentation videos must be uploaded to YouTube and a link sent to PatBarnesArt AT gmail.com between February 1st and February 17th. There is a five (5) minute time limit. If your video is longer, only the first 5 minutes will be considered. Judges will be looking for ESOP/ownership related material. Content, editing, timing, visual, sound and technical qualities are important. Include the link on the entry form. Entry form must accompany your link, designating category entered.

 

CATEGORY 3, PRINTED MATERIALS

Division A: 250 or Fewer Employees

Division B: Over 250 Employees

This award recognizes excellence in the use of original, printed informational materials which are used to communicate the company’s ESOP to employee owners, customers or the community. If the item contains other information, mark the ownership related information clearly. This can include PowerPoint presentations (send printed copy), banners (photos only) etc. Photos of things printed on trucks, signs and flags should probably be entered under marketing or special events.

 

CATEGORY 4, INTRANETS

Division A: 250 or Fewer Employees

Division B: Over 250 Employees

*(Read entry procedures carefully)*

This award recognizes excellence in ESOP communication efforts using a company intranet, available to employee owners, usually in a password protected area.

Note: a restricted area for judges to view is acceptable where judges are granted access with a link and a password. Alternatively, PDF (readable with the free version of Adobe Acrobat Reader), JPG, OR PNG files are acceptable file types for CD/DVD entries. A printed copy may be submitted, with private information blacked out, but it must be readable or will be disqualified from judging. Full page screen shots showing what would be visible in a browser are acceptable. If using a link, provide it on the entry form.

 

CATEGORY 5, ESOP ADVERTISING/OWNERSHIP MARKETING

*(Read carefully, as divisions are now by size)*

Division A: 250 or Fewer Employees

Division B: Over 250 Employees

This award recognizes excellence in print advertising/marketing pieces that are used to promote a company and its ESOP to the outside world. Marketing materials must reference the ESOP or ownership. Mark these references with a sticky note. Consider such things as brochures, marketing materials, marketing videos (see guidelines), print advertisements in newspapers, magazines, on company vehicles, license plates, banners, etc. Also social media, such as YouTube, Twitter, blogs, etc. qualify as long as links or specific access instructions are given on the entry form. Label all items with company name. Please do not send products.

This award includes recognition of excellence in the creative integration of the ESOP concept and ownership into the company web site. The quality and amount of ownership content, ease of access, clarity, presentation and consideration of audience are important. Note: links to web sites should be sent to PatBarnesArt AT gmail.com between February 1st and February 17th. The web site address should also be listed on the entry form.

 

CATEGORY 6, SPECIAL EVENTS & PROMOTIONS – ONE OUTSTANDING EVENT

Division A: 250 or Fewer Employees

Division B: Over 250 Employees

This award recognizes excellence in the organization and creativity involved in one significant ownership event, such as a special celebration, ESOP community service day, parade float, etc. Label all items with company name.

 

CATEGORY 7, SPECIAL EVENTS & PROMOTIONS – SERIES OF EVENTS

Division A: 250 or Fewer Employees

Division B: Over 250 Employees

This award recognizes excellence in the organization and creativity involved in a series of ownership events. Employee Ownership Month events are often entered in this category. Send photos of trucks, banners and other oversize items, as well as events. Label all items with company name.

 

Any current Corporate Member of The ESOP Association is eligible to enter the 2015 AACE Awards. Each Corporate Member is encouraged to enter independently whether entered in other communications competitions or not.

If you have questions, contact AACE Program Director, Pat Barnes, at (304) 876-3624 or PatBarnesArt AT gmail.com.

The judges, who are ESOP company leaders, look forward to seeing your company’s 2015 entry!

Filed under: AACE - Annual Awards for Communications Excellence

2015 AACE Awards — What You Need to Know

Information and entry forms for 2015 are available on the Association’s website. Below is all you need to know about the 2015 awards and how to enter. Want to share the information with others in your company such as the ESOP Communication Committees, use this link. The following video is also a great way to share info with colleagues.

What are the AACE Awards?

esopaacedarkerThe AACE Awards — Annual Awards for Communications Excellence — are sponsored each year by the Association to recognize the outstanding communications and educational programs of its members. The awards are presented at the Association’s Annual Conference in Washington, DC to companies who have excelled in communicating the ESOP and its meaning to employee owners.

AACE Award winners are chosen by a panel of five judges made up of both management and non-management employee owners, each of whom has demonstrated active experience and interest in the field of ESOPs and employee ownership communications. Awards are based on: overall quality and quantity of employee owner education, contributions of employee owners, integration of the ESOP into company culture, frequency of ownership communications, involvement and/or response of employee owners, encouragement of ownership attitudes, clear explanations, creative ideas, graphic design, and technical quality.

Some interesting statistics about the AACE program:

  • Since 1992, 214 companies have entered AACE.
  • The majority of companies that enter AACE have less than 250 employees.
  • Of the Association’s 18 Chapters, there has been at least one entry from every Chapter since the start of the program. The New England Chapter tops the list with 27 entries, followed by the Mid-Atlantic Chapter with 22 entries, and the California/Western States Chapter rounds out the top three with 21 entries.

 

Who is eligible? What does it cost to enter? Deadline for 2015?

Any current corporate member of the Association is eligible to enter. There is no entry fee for the AACE Awards beyond the initial cost of shipping; all other shipping costs are covered by the Association. The deadline for 2015 entries is February 17, 2015.

 

Where do I find AACE information?

On the Association’s website. Go to About the Association. Click ESOP Awards and then AACE Awards.

 

Save the date!

The ESOP Association’s 24th Annual Awards Ceremony to honor AACE Award winners will take place Wednesday, May 6, 2015, the night before the opening of the Annual Conference in Washington, DC. The Annual Conference will take place May 7 & 8, 2015 and will feature a display of all 2015 AACE Awards entries. Plan to stop by the display, connect with other employee owners, and take the opportunity to view the creativity on display.

2015 Annual Conference and Awards Ceremony info.

Filed under: AACE - Annual Awards for Communications Excellence,

AACE Awards 2015

ESOP Association President, J. Michael Keeling, talks about the 2015 AACE Awards (Annual Awards for Communications Excellence) program, why all Association members should enter, and the importance of the program for the employee ownership culture community.

2015 Entry Deadline: February 17, 2015

More info on the AACE Awards.

Photos of AACE Award entries.

 

Filed under: AACE - Annual Awards for Communications Excellence, Member Services, TEA Members,

AACE Awards — A few Interesting Facts about the Program

esopaacedarkerIn doing some historical research into the AACE Awards program this summer, ESOP Association staff came across some interesting facts. First, a bit of background on the AACE program. The AACE Awards are sponsored each year by the Association to recognize the outstanding communications and educational programs of its members. The AACE Awards are presented each year at the Association’s Annual Conference in Washington, DC to companies who have excelled in communicating the ESOP and its meaning to employee owners. AACE Award winners are chosen by a panel of five judges made up of both management and non-management employee owners, each of whom has demonstrated active experience and interest in the field of ESOPs and employee ownership communications.

Additional information about the AACE Awards program, including the program brochure (the 2015 AACE Awards brochure will be available in the coming months), tips on winning, and a list of the 2014 winners, can be found here.  AACE Awards videos can be found on the Association’s YouTube Channel as well.  If you have questions concerning the AACE program, please contact Pat Barnes at (304) 876-3624 or by email at patbarnesart AT gmail.com.

Starting with 1992, as far back as staff were able to trace records, 214 ESOP companies have entered the AACE program. Breaking the numbers down by Chapter, the New England Chapter leads the way with 27 entries. The full breakdown: New England (27); Mid-Atlantic (22); California/Western States (21); Ohio/Kentucky (20); Minnesota/Dakotas (15); Southwest (14); New South (12); Pennsylvania/Delaware (11); Carolinas (10); Iowa/Nebraska (9); Heart of America (8); Illinois (8); New York/New Jersey (8); Wisconsin (6); Northwest (5); Indiana (4); Michigan (4); Hawaii (1).

According to information available in the Association’s database:

  • The majority of companies entering AACE have less than 250 employees
  • Average ESOP % of companies entering AACE is 71.77%
  • 72 of the 214 companies that have entered AACE are 100%
  • Average year the ESOP was established for companies entering AACE is 1994
  • Average year the company was established for companies entering AACE is 1962

Totaling up the companies with the most entries and wins:

  • The company that has entered the most number of times is ComSonics, Inc. (Harrisonburg, VA) with 15 entries since 1992. They have won nine AACE awards and nine runner up awards.
  • Company with the most wins overall is Burns & McDonnell (Kansas City, MO) with 10. As a side note, Burns & McDonnell has entered 10 times and won an AACE Awards every time they have entered; including 3 runner up awards.

Does your company have an ESOP education committee? Take a look around and see what your company has to offer. You might just be the next AACE Award winner. The ESOP Association works to promote the best and brightest throughout the ESOP community. Help us show off your company’s hard work.

Filed under: AACE - Annual Awards for Communications Excellence

May 2014 Wrap-Up

It’s June and that means it’s time for a May link round up.

Moody’s Collision Centers, Inc. hosted an event with Senator Susan Collins in Gorham, ME

We shared a photo of the 2014 Employee Ownership Month Poster Contest Winner

The May 2014 ESOP Report was released

We highlighted the ABCs of ESOPs

The Employee Owner Retreat is open for registration

Big G Express hosted at event with Congresswoman Diane Black in Shelbyville, TN

We shared some photos from the 2014 Annual Conference in Washington, DC

The Leading in an Ownership Setting Program is open for registration

We featured items from the Employee Ownership Foundation Auction that took place at the Annual Conference

We announced the 2014 ESOP Award Winners

We shared video highlights from the Awards Ceremony

We shared a link to the Annual Conference Lobbying Kit

We extended an invitation to Conference attendees to visit the AACE Awards display

The Annual Conference App was announced

Filed under: AACE - Annual Awards for Communications Excellence, Conference Information, Employee Ownership Foundation, Employee Ownership Month (EOM), Government Affairs, Member Services, Publication, Silver ESOP Awards, TEA Members,

2014 Award Winners

The following press releases were sent out by The ESOP Association announcing the winners of the 2014 AACE Awards and the 2014 ESOP Awards. We’ve also included news and announcements regarding new Board of Directors members, new Advisory Committee Chairs, and the announcement of the 2014 – 2015 Kelso Fellowships. All of this information is available on The ESOP Association’s website.

Congratulations to all the 2014 award winners.

The ESOP Association Honors Members for Excellence in Employee Ownership Communications

The ESOP Association is pleased to announce the 2014 winners of the Annual Awards for Communications Excellence (AACE). The AACE Awards are sponsored each year by the Association to recognize the outstanding communications and educational programs of its members. The awards were presented at the Association’s 37th Annual Conference in Washington, DC to companies who have excelled in communicating the ESOP (employee stock ownership plan) and its meaning to employee owners.

AACE Award winners are chosen by a panel of five judges made up of both management and non-management employee owners, each of whom has demonstrated active experience and interest in the field of ESOPs and employee ownership communications. Awards are based on: overall quality and quantity of employee owner education, contributions of employee owners, integration of the ESOP into company culture, frequency of ownership communications, involvement and/or response of employee owners, encouragement of ownership attitudes, clear explanations, creative ideas, graphic design, and technical quality.

The 2014 AACE Award winners are:

Total Communications Program, 250 or Fewer Employees

Winner: PERRY proTECH, Lima, Ohio

Runner Up: Salem Distributing Company, Inc., Winston-Salem, North Carolina

Total Communications Program, Over 250 Employees

Winner: Van Meter Inc., Cedar Rapids, Iowa

Runner Up: Recology, San Francisco, California

Video, 250 or Fewer Employees

Winner: Engineering America, Inc., Saint Paul, Minnesota

Video, Over 250 Employees

Winner: Austin Industries, Inc., Dallas, Texas

Runner Up: The Haskell Company, Jacksonville, Florida

Printed Materials, 250 or Fewer Employees

Winner: Mid South Building Supply, Inc., Springfield, Virginia

Runner Up: PERRY proTECH, Lima, Ohio

Printed Materials, Over 250 Employees

Winner: Eagle Communications, Inc., Hays, Kansas

Runner Up: Van Meter Inc., Cedar Rapids, Iowa

Intranet, Over 250 Employees

Winner: Recology, San Francisco, California

Runner Up: Maine Drilling & Blasting, Inc., Gardiner, Maine

ESOP Advertising, Ownership Marketing – General

Winner: Carris Reels, Inc., Proctor, Vermont

Runner Up: Van Meter Inc., Cedar Rapids, Iowa

ESOP Advertising, Ownership Marketing – Website

Winner: Burns & McDonnell, Kansas City, Missouri

Runner Up: Van Meter Inc., Cedar Rapids, Iowa

Special Events & Promotions, 1 Outstanding Event, 250 or Fewer Employees

Winner: Wiley|Wilson, Lynchburg, Virginia

Runner Up: Priority Sign, Sheboygan, Wisconsin

Special Events & Promotions, 1 Outstanding Event, Over 250 Employees

Winner: Douglas Machine Inc., Alexandria, Minnesota

Runner Up: CarePro Health Services, Cedar Rapids, Iowa

Special Events & Promotions, Series, 250 or Fewer Employees

Winner: Adworkshop, Inc., Lake Placid, New York

Runner Up: Mid South Building Supply, Inc., Springfield, Virginia

Special Events & Promotions, Series, Over 250 Employees

Winner: Entertainment Partners, Burbank, California

Runner Up: Apache Inc., Cedar Rapids, Iowa

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Steve Earle of Mid South Building Supply, Inc. Named 2014 Employee Owner of the Year by The ESOP Association

Steve Earle of Mid South Building Supply, Inc., located in Springfield, Virginia, has been named the 2014 Employee Owner of the Year by The ESOP Association. The award was presented at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

Mr. Earle is the Director of Installations – Cabinetry for Mid South Building Supply, Inc. He joined the company in 2002 and has been actively involved since he became an employee owner. Continually working to explain the concept of shared ownership to his fellow employee owners, he is a member of the company’s Board of Directors and an ESOP Trustee. He ran for election to this position in 2006 and has been elected every year since. As stated by Mid South’s President, Drew Tavss, “We not only found an ESOP cheerleader, but a true leader.” Mr. Earle’s ESOP involvement goes beyond Mid South: he’s an active member of the Association’s Mid-Atlantic Chapter, volunteering his time as Vice President of the Capital Region; a speaker on ESOP issues at both Chapter and National meetings; he participates in the Association’s AACE Awards competition on a yearly basis; participates in Employee Ownership Month activities each October; and still finds time to mentor Mid South employees on ESOP issues. He understands what it means to be 100% employee owned and 100% customer committed.

Mid South Building Supply, Inc. is a wholesale distributor of residential building products. The company supplies remodeling contractors and residential home builders and specializes primarily in kitchen and bath cabinetry, exterior siding products, and new and replacement windows and doors. The company was founded in 1966 and remained family owned until 1985 when its founders sold the business to the Mid South Building Supply Employee Stock Ownership Trust. Mid South immediately became one of the first 100% employee-owned, 100% bank-financed transactions to occur in the ESOP community. More information about Mid South Building Supply: http://www.msbs.net/.

“Steve is a true ESOP leader, not only at his company, but in the ESOP community as well. I’m pleased to present him with the 2014 Employee Owner of the Year Award,” said ESOP Association President, J. Michael Keeling. “Steve makes employee ownership real for his fellow employee owners at Mid South and he has carried that message to other companies and to members of Congress. The ESOP community could not ask for a better ambassador.”

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Dakota Supply Group Named 2014 ESOP Company of the Year by The ESOP Association

Dakota Supply Group, an employee-owned company headquartered in Fargo, North Dakota, was named the 2014 ESOP Company of the Year by The ESOP Association. The award was presented at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

Since Dakota Supply Group’s establishment in 1898, the company and employee owners have worked hard at making a name as a full-line distributor of electrical, plumbing, HVAC, refrigeration, communications, utility, automation, waterworks, filtration and metering technology products and systems. In 1996, the company became an ESOP, and in May 2006, Dakota Supply Group became 100% employee owned. Continually growing since 1898, the company has had 10 acquisitions since 1999 and Dakota Supply Group now numbers 595 employee owners and over $350 million in sales. For more information about the company: http://dakotasupplygroup.com.

Dakota Supply Group is a strong supporter of employee ownership and its employee owners strive to represent the company at both Chapter and National ESOP Association events. Employee owners are regular attendees at Minnesota/Dakotas Chapter meetings and enthusiastically participate on Chapter committees and as presenters at Chapter and National conferences. The company actively recruits “Dakotas” ESOP companies to join the Chapter and was a catalyst for changing the Chapter name to accurately represent North Dakota and South Dakota. Working to strengthen employee ownership in America, the employee owners of Dakota Supply Group meet with members of Congress and work to promote ESOP issues not only in their home state but on the national level as well.

“I’m delighted to present the employee owners of Dakota Supply Group with the 2014 ESOP Company of the Year Award,” said ESOP Association President, J. Michael Keeling. “The employee owners integrate the ESOP into all they do at the company and also endeavor to share that ESOP spirit with the community. Dakota Supply Group is an example of the value and potential that employee ownership can bring to a company.”

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Southwest Chapter Wins Big at ESOP Association’s Annual Conference in Washington, DC

Named 2014 ESOP Chapter of the Year

Recognized for Chapter Membership Recruitment

The Southwest Chapter of The ESOP Association was named the 2014 ESOP Chapter of the Year for the second consecutive year by the Association. Additionally, the Chapter was recognized for its commitment to membership recruitment for the third year in a row. The awards were presented at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

The Association’s Southwest Chapter experienced all-time highs in meeting attendance in 2013 and Chapter members outdid previous work in fundraising for the Association’s affiliated foundation, the Employee Ownership Foundation, and support of the Association’s government relations efforts. The Chapter of the Year Award recognized the Chapter members’ overall work in spreading the employee ownership message in 2013. Members of the Southwest Chapter also met several targets in the promotion of employee ownership in the Southwest region as well as Chapter membership goals in 2013 earning the Chapter recognition for membership recruitment.

The Southwest Chapter was selected from among 18 Association Chapters across the United States for these honors. The Southwest Chapter includes members in Arkansas, Louisiana, New Mexico, Oklahoma, and Texas.

“For the second year in a row, I’m pleased to present the leaders of the Southwest Chapter, and its members, with the 2014 ESOP Chapter of the Year Award. I’m also proud to recognize the Chapter for its membership recruitment efforts for the third consecutive year,” said ESOP Association President, J. Michael Keeling. “The Chapter provides excellent programming and value to ESOP Association members in the Southwest region and members worked hard to meet target prospect goals and to promote the cause of employee ownership among ESOP companies in the Chapter.”

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Tracy Woolsey Named Chapter Officer of the Year by The ESOP Association

Tracy E. Woolsey of Horizon Bancorp, located in Michigan City, Indiana, was named the 2014 Chapter Officer of the Year by The ESOP Association. The award was presented at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

Ms. Woolsey has been actively involved with the Association on both the Chapter and National levels for several years. She is currently President of the Association’s Indiana Chapter and has been influential in the development of the Chapter’s programming and events. Ms. Woolsey has been active in sharing the employee ownership message and working to promote the Association to new members in the Indiana Chapter.

“I’m proud to present Tracy with the Association’s 2014 Chapter Officer of the Year Award,” said ESOP Association President, J. Michael Keeling. “She has contributed to not only the Chapter but the Association as a whole with her leadership of the Indiana Chapter. I’m pleased to present Tracy with this award for her work in promoting the employee ownership message and The ESOP Association.”

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Heart of America Chapter Recognized for Outstanding Membership Development by The ESOP Association

The Heart of America Chapter of The ESOP Association was recognized for its commitment to membership development at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

The Heart of America Chapter demonstrated a focused commitment to membership development in the last year, and as a result, directly increased membership in the Chapter. The Chapter saw a 9% increase in membership in 2013. The Chapter was selected from among 18 Association Chapters across the United States for this honor. The Heart of America Chapter includes Association members in Kansas and Missouri.

In 2007, the Heart of America Chapter was recognized by The ESOP Association for its commitment to membership recruitment.

“I’m pleased to present the Heart of America Chapter with an Outstanding Membership Development Award for their commitment to increasing membership in The ESOP Association,” said ESOP Association President, J. Michael Keeling.

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Indiana Chapter Recognized for Outstanding Membership Development by The ESOP Association

The Indiana Chapter of The ESOP Association was recognized for its commitment to membership development at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

The Indiana Chapter demonstrated a focused commitment to membership development in the last year, and as a result, directly increased membership in the Chapter. The Chapter saw a 10% increase in membership in 2013. The Chapter was selected from among 18 Association Chapters across the United States for this honor. The Indiana Chapter represents Association members in Indiana.

In 2006, the Indiana Chapter was recognized for its commitment to membership recruitment, and in 2012, the Chapter was named the ESOP Chapter of the Year by The ESOP Association.

“I’m pleased to present the Indiana Chapter with an Outstanding Membership Development Award for their commitment to increasing membership in The ESOP Association,” said ESOP Association President, J. Michael Keeling.

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Entertainment Partners Wins 2014 Employee Ownership Month Poster Contest

Entertainment Partners, an employee-owned company located in Burbank, California, has been selected by The ESOP Association as its 2014 Employee Ownership Month Poster Contest Winner. The winning poster design was unveiled at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

Entertainment Partners’ mission is to wow clients by delivering personalized client service and innovative, reliable solutions. The company provides payroll services, production employee services, residuals and talents payments, central casting, and production incentives to the entertainment industry. The employee owners of Entertainment Partners number more than 700, with offices in Alabama, Alaska, California, Connecticut, Florida, Georgia, Louisiana, New Mexico, New York, North Carolina, and Pennsylvania. Since 2004, Entertainment Partners has been fully owned by the employees. More information about Entertainment Partners: http://www.entertainmentpartners.com.

Entertainment Partners’s poster was chosen as the 2014 winner because of the idea it expressed: We Own Our Future. This is the second time Entertainment Partners has won this award; the first win was in 2010.

The winning poster will be used by The ESOP Association to promote Employee Ownership Month, which takes place every October and is a celebration of the incredible spirit of employee ownership. For more information about Employee Ownership Month, please visit: http://www.esopassociation.org/advocate/employee-ownership-month.

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Kathryn Daly Named Outstanding Board of Governors Member by The ESOP Association

Kathryn A. Daly, Managing Director of Chartwell Capital Solutions, located in Portland, Oregon, was named the 2014 Outstanding Board of Governors Member by The ESOP Association. The award was presented at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

Ms. Daly is an active member of The ESOP Association’s Board of Governors and has served in numerous volunteer capacities for the Association; most recently as the Chair of the Advisory Committee’s Chairs Council and as a member of the Association’s Board of Directors. She is involved on both the Chapter and National levels and has been actively working to promote the Association and employee ownership in America.

“I’m proud to present Katie with the Association’s 2014 award for Outstanding Board of Governors Member,” said ESOP Association President, J. Michael Keeling. “Katie is a committed advocate of employee ownership and has shown leadership at the Chapter level as well as taking on additional involvement in programs on the National level. I’m pleased to present her with this award for her work in helping to grow the cause of employee ownership.”

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Brian Bornino Receives 2014 Membership Recruitment Award from The ESOP Association

Brian D. Bornino of GBQ Consulting LLC, located in Columbus, Ohio, was presented with The ESOP Association’s 2014 Membership Recruitment Award for a Professional Member. The award was presented at the Association’s 37th Annual Conference in Washington, DC. The ESOP Association is the national trade association for companies with employee stock ownership plans (ESOPs) and the leading voice in America for employee ownership.

Mr. Bornino is enthusiastically involved in the work of The ESOP Association, and in particular, the Ohio/Kentucky Chapter of the Association. His commitment to employee ownership through the ESOP concept is evident in the work he has done, not only for his clients, but for the Association. Mr. Bornino actively educates companies about the Association and promotes the cause of the Association as well.

“It is my pleasure to present Brian with the 2014 Membership Recruitment Award for the work he has done to promote employee ownership and the Association and its work to new members,” said ESOP Association President, J. Michael Keeling.

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The ESOP Association Announces New Board of Governors Members

The following ESOP Association members have been elected to serve on The ESOP Association’s Board of Governors starting May 1, 2014.

For election to another three-year term to the Board of Governors as a representative of a Corporate Member of The ESOP Association:

  • Carey Chen, CFO &VP/GM Light Industrial Businesses, Hypertherm, Inc., Hanover, New Hampshire

For election to another three-year term to the Board of Governors as a representative of a Professional Member of The ESOP Association:

  • Susan Ledingham, Sr. Administrator, SES Advisors, Inc., Brunswick, Georgia
  • Andrew Ward, Managing Director, Stout Risius Ross, Inc., Chicago, Illinois

For election to the Board of Governors for the first time for a three-year term as a representative of a Corporate Member of The ESOP Association:

  • David R. Corbin, COO, Steve Silver Company, Forney, Texas
  • Roseline H. Marston, President, A.D. Marble & Company, Inc., Conshohocken, Pennsylvania
  • Raman Venkat, Office of the CEO/CFO, LeFiell Manufacturing Company, Santa Fe Springs, California

For election to the Board of Governors for the first time for a three-year term as a representative of a Professional Member of The ESOP Association:

  • Scott D. Miller, CPA/ABV, CVA, President, Enterprise Services, Inc., Delafield, Wisconsin

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The ESOP Association Announces New Advisory Committee Chairs

On May 1, 2014, two ESOP Association members were elected as Advisory Committee Chairs of The ESOP Association. These Committees are comprised primarily of members of the Association who work in the area of their Committee’s jurisdiction. The Advisory Committees play important roles in developing services for members of the Association and are comprised of both corporate and professional members of the Association.

In addition to the new Chairs, Peter J. Shuler of Crowe Horwath LLP, Columbus, Ohio, was named Chair of the Association’s Advisory Committee’s Chairs Council on May 1, 2014.

New Advisory Committee Chairs:

  • Ted M. Becker, Drinker Biddle & Reath, Chicago, Illinois; Chair of the Association’s Interdisciplinary Advisory Committee on Fiduciary Issues
  • Barbara M. Clough, QPA, QKA, Blue Ridge ESOP Associates, East Providence, Rhode Island; Chair of the Association’s Advisory Committee on Administration

Current Advisory Committee Chairs:

  • Steven B. Greenapple, Esq., Steiker, Fischer, Edwards & Greenapple. P.C., Cedar Knolls, New Jersey; Chair of the Association’s Advisory Committee on Legislative & Regulatory Issues
  • Michael J. Harden, Eureka Capital Partners, LLC, Costa Mesa, California; Chair of the Association’s Advisory Committee on Finance
  • Rod Reinertson, Van Meter Inc., Cedar Rapids, Iowa; Chair of the Association’s Committee on Ownership Culture
  • Jeffrey S. Tarbell, Houlihan Lokey, San Francisco, California; Chair of the Association’s Advisory Committee on Valuation

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Employee Ownership Foundation News

Louis O. Kelso Fellows Chosen by Rutgers University

Employee Ownership Foundation Provides Grant for Fellowship Program

The Employee Ownership Foundation is proud to announce the recipients of the Louis O. Kelso Fellowships for 2014 – 2015. The Louis O. Kelso Fellowships are awarded to scholars studying broadened ownership of capital in the U.S. The Fellowships are part of the national fellowship program on employee stock ownership of the School of Management and Labor Relations (SMLR) at Rutgers University. For additional information about the Kelso Fellowships and the SMLR, please visit: http://smlr.rutgers.edu/kelso-fellows.

“The Employee Ownership Foundation is pleased to sponsor the Louis O. Kelso Fellowships through the Rutgers University’s School of Management and Labor Relations,” said Employee Ownership Foundation Chair, Frieda S. Takaki. “We are proud to support this scholarly research on the impact of employee ownership on employees, their companies, the communities, and, yes, our country.”

2014 – 2015 Louis O. Kelso Fellows:

Karla Walter: Master of Urban Planning and Policy, Economic Development, University of Illinois at Chicago, American Worker Project, Center for American Progress, Washington, District of Columbia. Research topic: Federal and State policies on inclusive capitalism in the United States.

Richard Van Doel: PhD candidate in Organizational Leadership, Indiana Wesleyan University, Marion, Indiana. Research topic: Stewardship characteristics of leaders in employee-owned companies.

Vernon Woodley: Assistant Professor in Sociology and Anthropology, Eastern Illinois University, Charleston, Illinois. Research topic: Factors influencing firm decisions to create an ESOP in the United States.

Frank Mullins: Assistant Professor of Management, North Carolina A&T University School of Business and Economics, Greensboro, North Carolina. Research topic: The use and effectiveness of employee ownership in family firms in the United States.

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Filed under: AACE - Annual Awards for Communications Excellence, Conference Information, Employee Ownership Month (EOM), Silver ESOP Awards, TEA Members, , , ,

23rd Annual Awards Ceremony

Tonight, May 7th, is the 23rd Annual Awards Ceremony to celebrate corporate and individual contributions to making ownership “real.” Attend the Awards Ceremony and see the true story of what it means to be an employee owner. Each registrant for the 37th Annual Conference is entitled to one ticket to the Awards Ceremony; the ticket price is included in the registration fee.

Join us for an evening of celebration in honor of ESOPs and employee ownership!

Filed under: AACE - Annual Awards for Communications Excellence, Conference Information, , , , ,

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