The ESOP Association Blog

Covering ESOPs and employee ownership

Congressional Visits

While in DC for the Annual Conference, May 8 & 9, many Association members made visits to their Congressional offices to discuss the value of employee ownership. Some even met up with members of Congress at the airport. Lesson: never pass up the chance to talk ESOP! We’ll be sharing photos below. If you have photos of a Congressional visit, please send it to media AT esopassociation.org. We’ll try to include the information in an upcoming issue of the ESOP Report and on the Association’s Blog.

Thanks to our members for their work to promote ESOPs and employee ownership in America.

Members of the California/Western States Chapter visiting Capitol Hill during the Annual Conference.

Members of the California/Western States Chapter visiting Capitol Hill during the Annual Conference.

Members of the California/Western States Chapter visiting Capitol Hill during the Annual Conference.

Members of the California/Western States Chapter visiting Capitol Hill during the Annual Conference.

New South Chapter members visited the offices of Alabama Senators Jeff Sessions (R-AL) and Richard Shelby (R-AL) during the Annual Conference in Washington, DC. New South Chapter Government Relations Chair, Karan Christopher of McCord Communications, scheduled the appointments with the Senators’ staff members and other Chapter members joined her to share their ESOP story. The visits were successful and opened up the door for future Congressional visits to ESOP companies in the state of Alabama.   Left to right: Ed Ilano (Swerdlin & Company), Jodi Lamb (Big G Express), Andy Dickerson (McCord Communications), Karan Christopher (McCord Communications), Teresa Crosslin (Big G Express).

New South Chapter members visited the offices of Alabama Senators Jeff Sessions (R-AL) and Richard Shelby (R-AL) during the Annual Conference in Washington, DC. New South Chapter Government Relations Chair, Karan Christopher of McCord Communications, scheduled the appointments with the Senators’ staff members and other Chapter members joined her to share their ESOP story. The visits were successful and opened up the door for future Congressional visits to ESOP companies in the state of Alabama.
Left to right: Ed Ilano (Swerdlin & Company), Jodi Lamb (Big G Express), Andy Dickerson (McCord Communications), Karan Christopher (McCord Communications), Teresa Crosslin (Big G Express).

From left to right: Congressman Joe Courtney (D-CT), Congressman John B. Larson (D-CT), Steve Sabourin, GM of Carris Reels in Enfield, CT, and Congressman Richard E. Neal (D-MA). In an email from Steve Sabourin of Carris Reels:  “This was a great chance meeting at the airport after visiting Congressman Neal the day before.  Congressman Neal said he loved the way we do things.  I asked him what he meant.  Basically, he loved that employee owners were making visits.  I am guessing he sees this as better than a top exec or a lobbyist.”

From left to right: Congressman Joe Courtney (D-CT), Congressman John B. Larson (D-CT), Steve Sabourin, GM of Carris Reels in Enfield, CT, and Congressman Richard E. Neal (D-MA).
In an email from Steve Sabourin of Carris Reels:
“This was a great chance meeting at the airport after visiting Congressman Neal the day before. Congressman Neal said he loved the way we do things. I asked him what he meant. Basically, he loved that employee owners were making visits. I am guessing he sees this as better than a top exec or a lobbyist.”

Northwest Chapter President, Judy Lippel, Sletten, Inc., with Montana members of Congress on Capitol Hill:  Senator Jon Tester (D-MT), Congressman Steve Daines (R-MT) and Senator John E. Walsh (D-MT).

Northwest Chapter President, Judy Lippel, Sletten, Inc., with Montana members of Congress on Capitol Hill: Senator Jon Tester (D-MT), Congressman Steve Daines (R-MT) and Senator John E. Walsh (D-MT).

New England Chapter members visit with Congressman Richard E. Neal (D-MA).

New England Chapter members visit with Congressman Richard E. Neal (D-MA).

Illinois Chapter members visit with Congresswoman Robin Kelly (D-IL).

Illinois Chapter members visit with Congresswoman Robin Kelly (D-IL).

Illinois Chapter members visit with Congressman Brad Schneider (D-IL).

Illinois Chapter members visit with Congressman Brad Schneider (D-IL).

Filed under: Government Affairs, TEA Members, , , ,

SEL Employee Owners Share Experiences with Illinois Congressman

On June 5, 2014, Schweitzer Engineering Laboratories, Inc. (SEL) employee owners shared their perspectives on company ownership with Congressman Peter Roskam (R-IL) when he visited the company’s Fault Indicator and Sensor Division in Lake Zurich, Illinois.

This is Congressman Roskam’s second visit to SEL’s Lake Zurich facility. Last year, the Congressman toured the manufacturing floor and learned about SEL and the products and services it provides for power systems around the world. This time he watched a distribution automation smart grid demonstration and spoke with some of the 95 employee owners about the company’s ESOP.

Senior Manufacturing Supervisor Jose Perez, who has been with the company for nearly 25 years, said when SEL became employee-owned he went from just having a job to being an owner. Human Resources Generalist Linda Coleman, an employee for more than 29 years, noted she works with happier people in an employee-owned company, calling the retirement security “a blessing.”

Congressman Roskam indicated his strong support for ESOPs, which can help employees save for retirement, and Roskam encouraged those in attendance to continue talking about the benefits of ESOPs with their coworkers.

Thanks to SEL for sharing this news with the Association.

SEl Roskam visit

Filed under: Government Affairs, TEA Members, , , ,

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 New England ESOP Company of the Year — Moody’s Collision Centers, Inc. — Sets a High Bar

The following article originally ran as the May 2014 Washington Report column in the ESOP Report. The ESOP Report is the newsletter of The ESOP Association. The full issue can be found on the Association’s website under Meet & Learn.

Sen Collins Moodys Event 5

Senator Susan Collins (R-ME).

One thing that inside the beltway lobbyist types brag about is how they keep the grass roots, the voters, in a member of Congress’ district informed, and armed with tactics to make the case for the law[s] important to their jobs. Common is intelligence provided to an association’s reader about a piece of legislation of interest, talking points boiled down to one page or less, and when appropriate, some background on the member’s prior record on issues of interest. For example, at the recent 37th Annual Conference, the Association’s Washington staff provided attendees with a booklet, with perforated tear out pages to leave off when visiting a member of Congress, plus listings of members who were sponsoring pro-ESOP legislation, and a reminder to be gracious when acknowledging that Chair of Ways and Means Committee Dave Camp’s [R-MI], massive tax reform proposal did not reduce current law benefiting ESOPs and ESOP participants.

But, on April 11, 2014, Shawn Moody, President of Moody’s Collision Centers, Inc. in Gorham, ME, and his fellow employee owners, put on an event for Maine’s senior Senator Susan Collins that embodied a very, very powerful message of what employee ownership means to the men and women working in Maine ESOP companies.

What did Moody’s Collision do? Beginning in late February, Moody’s notified all the ESOP companies in Maine that are members of The ESOP Association about a “fund raiser” for Senator Collins. In this day and age, it seems that everyone running for Congress will not darken the doors of a fund raiser on their behalf unless tickets are $500 per person, and some of the New York City and Hollywood events run $5,000 per ticket; but not Moody’s — for $25 a person, their conference room event was open to the employee owners of Maine ESOP Association members. Repeat — $25 a person. A true grass roots fund raiser.

Sen Collins Moodys Event 3

Shawn Moody, President of Moody’s Collision Centers, Inc., located in Gorham, MA.

When she arrived, Senator Collins saw a room packed with women and men from nine different Maine ESOP companies. Some were dressed for office jobs, even some men in suits and ties. Some were dressed for their jobs on a manufacturing floor — work books, work shirts, khakis. Some had grey hair, or no hair — others were in their twenties.

The positive vibe of ESOPs was in the air.

While Senator Collins has been a consistent, and longtime advocate for ESOPs in the U.S. Senate, when she walked out the door, she knew that ESOPs in Maine represented the people of those ESOP companies — different income levels yes; but all part of the capitalistic system — owners.

A big tip of the hat to the leaders of Moody’s Collision — the New England Chapter’s 2014 ESOP Company of the Year — an example to follow.

Senator Collins, front row center, with individuals at the April 11th event in Gorham, ME.

Senator Collins, front row center, with individuals at the April 11th event in Gorham, ME.

Sen Collins Moodys Event 2

Senator Collins and Shawn Moody — introductions with other ESOP companies and employee owners at the event.

Filed under: Chapter News, Employee Ownership Message, Government Affairs, TEA Members, ,

2014 Employee Ownership Month Poster Contest Winner

The Winner of the 2014 Employee Ownership Month Poster Contest…Entertainment Partners!

Entertainment Partners, located in Burbank, California, has been selected as the 2014 Employee Ownership Month Poster Contest Winner. The winning poster design was unveiled at the Association’s 37th Annual Conference in Washington, DC.

Entertainment Partners’s poster was chosen 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.

Congratulations to the employee owners of Entertainment Partners. More information on Employee Ownership Month.

EOM Poster Contest Winner

Copyright 2014 Marty LaVor

Filed under: Employee Ownership Month (EOM), TEA Members,

Big G Express Hosts Visit with Congresswoman Diane Black

ESOP Association member, Big G Express, Inc., located in Shelbyville, Tennessee, hosted a visit with Congresswoman Diane Black. Take a look at the video of her visit.

Filed under: Chapter News, Government Affairs, 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

###

 

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.”

###

 

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.”

###

 

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.”

###

 

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.”

###

 

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.

###

 

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.

###

 

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.

###

 

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.”

###

 

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.

###

 

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

###

 

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

###

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.

###

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

April 2014 Wrap-Up

It’s been a while, so we thought, why not share some links. Here’s a look back at some April 2014 info.

The 2014 AACE Award winners were announced.

ESOPs were debated at the Supreme Court.

The 2014 Silver ESOP Award Recipients were announced.

We updated the Association’s Outside Board Registry.

We noted a few resources on the Association’s website.

The April 2014 ESOP Report was published.

The 37th Annual Conference App was released.

If you’re joining us at the 37th Annual Conference, here are a few bits of useful info.

The Employee Ownership Foundation announced prizes for the Auction being held at the Annual Conference.

Congratulations to this year’s Chapter award winners.

Filed under: AACE - Annual Awards for Communications Excellence, Chapter News, Conference Information, Employee Ownership Foundation, Government Affairs, Silver ESOP Awards, TEA Members, , , ,

Congratulations to the 2014 Chapter Award Winners

With the Association’s 37th Annual Conference (and the 23rd Annual Awards Ceremony on the evening of May 7th!) quickly approaching, we want to take a moment to congratulate the 2014 Chapter award winners. Following are the Employee Owner of the Year Chapter winners and the ESOP Company of the Year Chapter winners.

Congratulations to this year’s Chapter award winners!

2014 Employee Owner of the Year Chapter Winners

California/Western States Chapter – Brian Koski, The Sleep Train, Inc., Rocklin, CA

Heart of America Chapter – Matt Tuxhorn, Crop Quest, Inc., Dodge City, KS

Iowa/Nebraska Chapter – Kalese Sheldahl, Van Meter Inc., Cedar Rapids, IA

Indiana Chapter – Elizabeth Pech, Worm’s Way, Inc., Bloomington, IN

Illinois Chapter – Brett Moe, Holden Industries, Deerfield, IL

Michigan Chapter – Dan Salow, Thomson-Shore, Inc., Dexter, MI

Mid-Atlantic Chapter – Steve Earle, Mid South Building Supply, Inc., Springfield, VA

Minnesota/Dakotas Chapter – Alicia Schwartz, Oxygen Service Company, Saint Paul, MN

New England Chapter – Mark Ruskin, Carris Reels, Inc., Proctor, VT

Ohio/Kentucky Chapter – Janice Bridger, Allied Mineral Products, Inc., Columbus, OH

Pennsylvania/Delaware Chapter – Andrew J. Ferrari, P.E., C.S. Davidson, Inc., York, PA

Southwest Chapter – Joel Pason, Cisco-Eagle, Inc., Dallas, TX

Wisconsin Chapter – Tim Kramer, Priority Sign, Sheboygan, WI

ESOP Company of the Year Chapter Winners

California/Western States Chapter – Recology, San Francisco, CA

Carolinas Chapter – GBS Building Supply, Inc., Maudlin, SC

Heart of America Chapter – MMC Corp., Overland Park, KS

Iowa/Nebraska Chapter – VGM Group, Inc., Waterloo, IA

Illinois Chapter – KI Industries, Berkeley, IL

Indiana Chapter – Worm’s Way, Inc., Bloomington, IN

Michigan Chapter – The ASU Group, Okemos, MI

Mid-Atlantic Chapter – Wiley|Wilson, Lynchburg, VA

Minnesota/Dakotas Chapter – Dakota Supply Group, Fargo, ND

New England Chapter – Moody’s Collision Centers, Inc., Gorham, ME

New South Chapter – Big G Express, Shelbyville, TN

Ohio/Kentucky Chapter – Janotta & Herner, Monroeville, OH

Pennsylvania/Delaware Chapter – Murray Securus, Lancaster, PA

Southwest Chapter – Acadian Ambulance Service, Inc., Lafayette, LA

Wisconsin Chapter – CC&N, Pewaukee, WI

Filed under: Chapter News, Conference Information, Member Services, TEA Members, ,

The ESOP Association’s Outside Board Registry

As a member service, The ESOP Association maintains an Outside Board Registry. This registry is a list of potential board members knowledgeable about and familiar with ESOPs and employee ownership.

Members of The ESOP Association can be listed free of charge in the registry. To be listed, participants must be employed at or retired from a current ESOP Association member company, or be a current member of the Association in any member category. There is no charge for the registry if requested by a member of the Association.

If you would like to be included in this registry, contact Sharon Spencer at Sharon AT esopassociation.org.

The registry can be found on The ESOP Association’s website under Network. To access the information, you will need to login. The member login is at the top of the page. The Outside Board Register is a member service provided by The ESOP Association.

Filed under: Member Services, Publication, TEA Members, , , ,

Welcome to the employee ownership blog of The ESOP Association.
The place where you'll find the latest information on ESOPs and employee ownership news.
Serving the entire ESOP community.

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 101 other followers

Proudly Celebrating the ESOP Fiduciary Insurance Member Program

Flickr Stream

Wright Tree Foursome

More Photos
Follow

Get every new post delivered to your Inbox.

Join 101 other followers