The ESOP Association Blog

Covering ESOPs and employee ownership

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,

ESOP Association Board of Governors Looking for New Members

The elections for new members of The ESOP Association’s Board of Governors will take place first quarter 2015. The Nominating Committee will make the nominations for this year’s elections. All voting members of the Association are eligible for nomination.

Corporate and Professional members of the Association will vote on nominees for Board of Governors. There is a by-law process to be nominated by petition. See Association By-laws Article IX, Section 2, Subsection (b) (II); reprinted in the Membership Directory which is available on the Association’s website or contact the Association.

The Board of Directors emphasizes the role of the Board of Governors is to elect the Board of Directors, and to provide key points for the Board of Directors on the important issues facing the Association and the ESOP community in two meetings — the Annual Conference and the Las Vegas Conference & Trade Show.

To be considered for service on the Board of Governors, please write, fax, or email your message expressing your interest to ESOP Association President J. Michael Keeling, by February 1, 2015. A packet of information, including paperwork to be completed for presentation to the Nominating Committee, will be mailed to you. Email Michael AT esopassociation.org, fax 202/293-7568, or mail requests to: 1726 M Street, NW, Suite 501, Washington, DC 20036.

Filed under: Member Services,

The ESOP Association, Congressional Elections Update, November 2014

ESOP Association President, J. Michael Keeling, summarizes his presentation from the 2014 Las Vegas Conference & Trade Show on the Congressional elections and how ESOP champions fared.

Filed under: Conference Information, Government Affairs, Member Services, ,

ESOP COMPANY NEWS – November 2014 Wrap-Up

AFCO Industries Meets with Congressman Cassidy

Dr. Bill Cassidy, the Republican Congressman from the 6th District of Louisiana, recently visited AFCO Industries in Alexandria, Louisiana. Dr. Cassidy was interested in learning more about employee-owned companies. After a plant tour, Dr. Cassidy met with the management staff and fielded questions regarding “S” Corporation status and the effect of potential tax reform. Dr. Cassidy stated that he saw a strong entrepreneurial spirt among the employees and particularly liked the term “employee owners.”

 Afco - Bill Cassidy event

Vance Metal Fabricators Meets with Congressman Reed

Vance Metal Fabricators, located in Geneva, New York, recently welcomed Congressman Tom Reed (R-NY), only the second politician the company has welcomed, the first being Teddy Roosevelt in 1900, noted Joe Hennessy, the President of Vance. Congressman Aaron Schock (R) of Illinois joined Congressman Reed at the visit. Both Reed and Schock are members of the House Ways and Means Committee and stated their interest in helping businesses.

Mr. Hennessy shared an article that ran in the Finger Lakes Times about the Congressmen’s visit with the Association and noted: “We had a valuable discussion about the merits of employee-owned businesses and I believe they are on our side.”

Vance Metal - Reed Visit

If you have ESOP company news to share with The ESOP Association, please send an email to media@esopassociation.org.

Filed under: Member Services, TEA Members

ESOP Experts 2015 Listings

Do you have an ESOP dilemma?

Are you an ESOP Expert?

The answers are in the ESOP Experts Online Directory! The ESOP Experts Online Directory is an easy-to-use, category-by-category listing of specialized ESOP services offered by Professional Members of The ESOP Association.

Are you an ESOP expert? Market your ESOP specialty. ESOP Experts Brochure 2015! The deadline for 2015 ESOP Experts is January 9, 2015.

ESOP Experts Brochure 2015 COVER

Filed under: Member Services,

Don’t forget to stop by the Membership Services Booth and say hello!

esop-slide-template - 2014 Vegas Conference

If you’re joining us at the 2014 Las Vegas Conference & Trade Show, November 13 – 14 at Caesars Palace, stop by booth #105 and say hello to the ESOP staff.

The Trade Show preview will be open from 5:00pm – 8:00pm the evening on November 12th and will officially open 6:30 AM on Thursday, November 13th.

  • We’ll have the latest ESOP publications, products, advocacy work, and press releases from The ESOP Association available.
  • Order your copy of the NEW edition of the ESOP Administration Handbook.
  • Learn more about gaining access to the “ABCs of ESOPs” interactive learning module for ESOP participants and get a tutorial on resources available to members through the Association’s website.
  • Don’t forget to drop off your business card for a chance to win an iPad mini and pick-up some great ESOP give-a-ways!
  • Make sure you’re receiving you monthly subscription to the ESOP Report.
  • Learn more about ordering ESOP technical publications published by the Association such as the ESOP Fiduciary Handbook, Valuing ESOP Shares, ESOP Accounting Standards, and much more.
  • Find out more about your local ESOP Chapter.

Filed under: Conference Information, Member Services,

How to Keep Up With Advocacy Updates

Want the latest government affairs news? We have it.

Website: all information is posted to The ESOP Association’s website. Check the ESOP Bulletin under Advocacy and the News section on the homepage.

ESOP Association Blog: government affairs information will be posted to The ESOP Association’s Blog as it happens. There is a subscription feature on the homepage of the blog. You’ll be notified by email when new information is posted. You can also subscribe to the RSS feed.

Facebook and LinkedIn: information and links to information are posted to the Association’s Facebook page and LinkedIn group for members to stay involved.

YouTube Channel: when important information is announced, additional commentary is posted to the Association’s YouTube Channel.

Email: emails to the membership will continue on important issues.

As always, as information breaks, you’ll be notified and the Association will continue to share information in several forms and places to reach members.

 

Filed under: Government Affairs, Member Services,

Download the 2014 Las Vegas Conference and Trade Show App!

The ESOP Association’s 2014 Las Vegas Conference & Trade Show app is available for download. The app is a convenient and comprehensive way to navigate the event and a way to utilize features before, during, and after the show.

ESOP Quad Graphic

This year’s app features:

  • The Dashboard to keep you organized
  • Exhibitor, session & speaker listings
  • Alerts which will allow attendees to receive important real-time communications
  • Attendees can locate exhibitors they want to visit

To download this app for the iPhone, iPod Touch, or iPad, search the Apple Store for “ESOP 2014” and download the mobile app as you would any other.

To download this app for all other phones and devices, visit the Google Play Store and search “ESOP 2014.”

For blackberry users, go to http://m.core-apps.com/esopts2014 to download the app.

The following QR code can also be used to download the app.

ESOP Vegas QR code

App information will be updated regularly during the Conference & Trade Show.

Filed under: Conference Information, Member Services,

ABCs of ESOPs — Are You an ESOP Guru? Be One!

The ABCs of ESOPs is available exclusively to members of The ESOP Association as an interactive learning tool for ESOP participants. It includes lessons, quizzes, a glossary of ESOP terms, frequently asked questions, and games.

If you’re looking for an activity for Employee Ownership Month, the ABCs of ESOPs is a great place to start!

To access the ABCs of ESOPs, visit the Association’s website and click the Member Sign In button at the top of the page. Once logged in, click Meet & Learn, then Online Learning.

ABCs of ESOPs Flyer Updated 2014

Log in information for members:

Corporate, affiliate, and educational members – enter membership ID, email address, and the password will be your membership ID.

Professional members – enter membership ID, email address and the password is your last name.

If you have questions about the ABCs of ESOPs, please send an email to membership@esopassociation.org.

Filed under: Member Services,

September 2014 ESOP Company News

We thought we’d share a few member highlights from September.

Wisconsin Chapter Members Visit Congressman Paul Ryan

During The ESOP Association’s 2014 Annual Conference in Washington, DC, members of the Wisconsin Chapter visited Capitol Hill to meet with members of Congress and their staff. This was the Chapter’s sixth annual organized effort as a Chapter, and members made a total of six visits. At right is a photo of Wisconsin Chapter members with Congressman Paul Ryan (R-WI).

 WI Chapter - 2014 Cong Ryan Visit

Schweitzer Engineering Laboratories, Inc.’s Lewiston Location Hosts Visit with Senator Mike Crapo

The employee owners of Schweitzer Engineering Laboratories, Inc. (SEL) shared their perspectives on employee ownership with Senator Mike Crapo (R-ID), a member of the Senate Finance Committee, when he visited the company’s manufacturing facility in Lewiston, Idaho in August 2014. He toured the manufacturing floor, learned about SEL and the products and services it provides for power systems around the world, and spoke with some of the 230 employee owners about the company’s ESOP. Senior Operations Manager Dave Strerath praised the retirement benefits afforded by the ESOP. Senator Crapo indicated his strong support for ESOPs and suggested that more businesses should follow the model. SEL Lewiston recently doubled the size of the manufacturing facility to 245,000 square feet. The plant specializes in producing high-quality relays, data cables, voltage regulator controllers, and plastic parts. Thanks to SEL’s Larry Camm for sharing the news.

 crapovisit2014

Restek Corporation Visits with Congressman Glenn Thompson

On August 15, 2014, the employee owners of Restek Corporation in Bellefonte, Pennsylvania held a visit with Congressman Glenn Thompson (D-PA) to discuss the pro-ESOP bill, H.R. 4837. According to Restek employee owner, Mike Shuey, “Our meeting with Congressman Thompson was excellent. He co-sponsored the previous bill and is a co-sponsor of H.R. 2041 so he gave us his word he’ll get on this when he gets back to DC. Congressman Thompson is a true ESOP advocate and we greatly appreciate his support!” Thanks to Mike Shuey for sharing the news.

Restek Thompson Visit - 20140815_121214_resized

Filed under: Member Services, TEA Members

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