May 24, 2021BoardMeeting
BoardEmployee Ownership Commission Meeting
The meeting featured a presentation on employee ownership models within private equity. Key discussion topics included the history and personal motivation behind implementing employee ownership, the drivers that resonate with sellers during acquisitions, and the challenges associated with current ESOP legislation, including valuation and administrative complexities. The discussion also covered alternative, non-ESOP methods for sharing ownership broadly, the importance of employee engagement and worker voice, and the potential to expand these ownership models into different industry sectors.