Beyster Events

 

 Responsibilities of Internal ESOP Fiduciaries (online seminar)


Thur., Jan. 11, 2018
8-9 a.m. PST
Registration: $45

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Overview

You don't have to pay an institution to manage the operation of your ESOP. Many companies have an internal ESOP committee that determines policy and practice when it comes to ESOP operations. Other companies simply appoint a group of insiders to serve as the trustees of their ESOP. All such insiders – whether committee member or trustee – are "fiduciaries" under ERISA. As such, they bear personal responsibility and liability for their conduct in such roles. Our view? Yes, it is perfectly sound practice for an insider to assume the duties of ESOP fiduciary. But if you take on that role, you need to understand fully what your responsibilities are. Tune in to this session to get a review of the duties of an ESOP fiduciary.

Instructor

  • Martin Staubus, executive director, Beyster Institute, UC San Diego

The Certificate Program for Non-Professional ESOP Fiduciaries (onsite program)


Feb. 11-14, 2018

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Overview

One of the fundamental resources of the employee stock ownership plan (ESOP) movement is the large group of dedicated, well-intentioned people who agree to serve as trustees or other fiduciaries on behalf of their company's ESOP. If you are one of those dedicated people, you have undoubtedly felt the concern that is inevitable when taking on that sort of responsibility. The Beyster Institute at UCSD has developed a special intensive education program to help relieve some of that concern - the Certificate Program for Non-Professional ESOP Fiduciaries.

Instructor

  • Neil Brozen, president, Ventura ESOP Fiduciary Services
  • Larry Goldberg, partner, ESOP Law Group
  • Christopher Kramer, managing director, Strategic Equity Group
  • Anthony Mathews, secretary, California Center for Employee Ownership
  • Martin Staubus, executive director, Beyster Institute at the Rady School of Management, UC San Diego

Creating a Certified Employee-Owner Program (online seminar) 

Wed., March 7, 2018
8-9 a.m. PST
Registration: $45

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Overview

For employee ownership to achieve its full potential, employees must have a certain level of understanding about what it takes to make the company successful. So turn your employees into "CEOs" with a training program on ownership essentials.


Instructor

  • Martin Staubus, executive director, Beyster Institute, UC San Diego

Getting the Most out of Your ESOP Company Board of Directors (online seminar)


Wed., May 9, 2018
8-9 a.m. PDT
Registration: $45

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Overview

ESOP company governance rests on the successful collaboration in the efforts of three separate bodies - the ESOP trustees, the board of directors of the company and the management. The board of directors sits at the center of the governance structure appointing as well as answering to the ESOP trustee as shareholder and overseeing the actions of management as the three work together to create value. This webinar is an exploration of the nature of corporate directorship, the criteria necessary for successful service as a director and the processes by which our boards are formed and operate on a practical level. This webinar will be of interest to companies that are beginning to develop an independent board, those with established boards who would like to freshen the board's understanding of the role, and those brave souls who are serving in that capacity.


Instructor

  • Martin Staubus, executive director, Beyster Institute at the Rady School of Management, UC San Diego

Building a Culture of Ownership (online seminar)


Wed., June 6, 2018
8-9 a.m. PDT
Registration: $45

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Overview

If you put company stock in employee hands and then send them back to work as usual, you get results as usual. But when a company creates a “culture of ownership” employee owners respond by producing remarkable results. So what is a culture of ownership and how do you foster one? Find out here!


Instructor

  • Martin Staubus, executive director, Beyster Institute at the Rady School of Management, UC San Diego

 The Corporate Directors' Exchange (onsite program)


June 10-12, 2018

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Overview

The success of an employee ownership company rests on an unusual collaboration among the three elements of its governance structure – the board of directors, the ESOP fiduciaries, and the company's management. In an employee ownership environment, none of the elements has absolute control at any point. At the same time, each of the elements has a responsibility to make it work for the best interest of the ESOP shareholder. In many cases, the structure makes employee ownership companies nimble and responsive to changes in the marketplace, but where the collaboration breaks down, it can become a hindrance to competitiveness and long-term success.


Instructor

  • Larry Goldberg, partner, ESOP Law Group
  • John Hoffmire, associate fellow, Oxford University's Said School of Business; and director, Impact Bond Fund
  • Anothony Mathews, secretary, California Center for Employee Ownership
  • Martin Staubus, executive director, Beyster Institute at the Rady School of Management, UC San Diego; and current corporate director

Leading an Employee-Ownership Company (online seminar)


WED., AUGUST 22, 2018
8-9 A.M. PDT
REGISTRATION: $45

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Overview

A major vulnerability of our employee-owned companies is the confidence and commitment of our highest-level leadership. All too often, a change in highest-level leadership signals real problems for the continuation of employee ownership because, where highest-level management is not committed to sustaining and developing employee ownership, it is easy to find plausible "reasons" to undo it. So, what makes a great leader in an employee-ownership setting? This webinar is a suggested answer based on the sum of more than 35 years of experience working in, with and around employee-ownership companies.


Instructor

  • Martin Staubus, executive director, Beyster Institute at the Rady School of Management, UC San Diego

The Mature ESOP: Making Sure Everyone's an Owner (online seminar)


Wed., Sept. 19, 2018
8-9 a.m. PDT
Registration: $45

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Overview

Following a leveraged ESOP transaction, a large amount of stock goes into employee accounts each year - until the day the loan is paid off and all the shares are allocated. How do employees hired thereafter get in on company ownership? How can you dodge the "haves" and "have-nots" syndrome? Get answers here.


Instructor

  • Martin Staubus, executive director, Beyster Institute at the Rady School of Management, UC San Diego

Employee Ownership Management: Learn how to manage your employee-ownership company better (onsite program)


October 14-17, 2018

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"Companies that combine ownership with a culture of participative management grow eight to 11 percent faster than those without such plans in place." - Study from the National Center for Employee Ownership

Overview

The Employee Ownership Management course has been providing specialized education for strategic level management employees for more than a decade. The program is designed to help those key planning-level executives to manage the challenges and tap upside potentials of employee ownership. The intensive three-day course is designed to develop and refine management skills that take into account the specialized imperatives of the employee-ownership environment while maximizing the advantages of an engaged workforce. This is a training curriculum in management skills that covers the full skills menu: strategic planning; marketing and brand development; cash management and financial planning for growth; human resource management and employee development; and much more.

Instructor

  • John Hoffmire, associate fellow, Oxford University’s Said School of Business, and director Impact Bond Fund
  • Anthony Mathews, secretary, California Center for Employee Ownership
  • Martin Staubus, executive director, Beyster Institute at the Rady School of Management, UC San Diego

Understanding Accounting for ESOPs: What Every CPA, CFO and Banker Should Know (online seminar)


Wed., Oct. 24, 2018
8-9 a.m. PDT
Registration: $45

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Overview

Adding an ESOP to a company brings some unique new twists to the process of preparing accurate financial statements. How do you record the debt associated with a leveraged ESOP transaction? What is the impact when shares are released for allocation to participants as the acquisition loan is paid down? What is the proper accounting treatment when the company buys back shares from a retiring employee? Get answers to these questions, and more, from one of the nation's leading experts in accounting for ESOP companies.

Instructor

  • Marcus Piquet, CPA, AmbroseAdvisors

Beyster Institute