Winter 2014

Stay current on employee ownership issues and activities with EO Insights, our quarterly online publication.

The Fiduciary Trustee's Role in ESOP Governance

In previous editions of the newsletter, we have looked at the roles of management and the board of directors in governing ESOP companies. In this issue, we close the loop on the triangular governance structure that supports ESOP companies and discuss the role of the ESOP itself as reflected in the duties and functions of the ESOP fiduciary (the trustee)…continue

Deck the Malls!

Several years into a career with a large financial company, Jeff Lopez came to the realization that the corporate life just wasn't for him. He was ready to leave the bureaucracy behind and strike out on his own, as his own boss. He was all set to go into business for himself, except for one detail: he had no idea what his new business might be…continue

Opinion: Looking for the Perfect Buyer?

Even the rich are admitting that inequality is bad for business. As the Gilded Age has been peaking, a number of the rich and their foundations have been helping the hungry, the sick, the homeless, the battered, the less educated and veterans in need of opportunity…continue

10 Things to Know about IRC Section 1042

Section 1042 of the Internal Revenue Code allows for the deferral of capital gains tax when selling qualified securities to an ESOP. Here are 10 things we think selling shareholders should know about the 1042 election…continue

Don't Wait for a Crisis, Fix it Now

We are all familiar with and pretty much understand the old saying, "An ounce of prevention is worth a pound of cure." When it comes to addressing "people problems," many of us fail to take action in the early stages. Instead we wait until a crisis forces action, which is far more costly in time, money and stress for everyone affected…continue

The Certificate Program for Non-Professional ESOP Fiduciaries

The Beyster Institute will present its third annual Certificate Program for Non-Professional ESOP Fiduciaries, Feb. 22-25, 2015 at the Rady School of Management. The program is an essential part of the training for anyone who is not a professional fiduciary yet who is acting as, considering acting as, an ESOP trustee or fiduciary committee member… continue