ESOP Board of Director Responsibilities in the Face of Economic Headwinds

Wednesday, April 26, 2023

4:00 PM - 5:00 PM CST

Location: 2203

CE Hours 1

CE Type: CPE

Session Leader(s)

David B. Solomon, n/a (he/him/his)
Member
LP
NORTHBROOK, Illinois, United States

PDF Slides

Speaker(s)

Patrick J. Stoltz
President - ESOP Finance
Wintrust ESOP Finance
Rosemont, IL, United States

PDF Slides
John Schumacher, CFA
President
True Financial POV, LLC
Chicago, IL, United States
Elizabeth Goltermann (she/her/hers)
Vice Chairman of the Board
KI Industries Inc.
Berkeley, IL, United States

Current economic conditions (inflation, rising interest rates, supply chain issues) can have a profound impact on an ESOP-owned company. The panelists have significant Employee Stock Ownership Plan (ESOP) experience and will provide valuable insight into the current economic conditions, all of which are affecting the fundamental drivers of valuation, board of director responsibilities, and the financing markets. Learn how to navigate these economic headwinds in managing your ESOP program. NCEO Resource:
The ESOP Company Board Handbook

Learning Objectives:

Learn how the current challenges in the economy will affect 2022 ESOP valuations
Understand what unique issues can arise in an ESOP, where valuations may be reduced by challenging economic conditions
Possess tools to address some relatively unique ESOP financing and ESOP administration challenges and opportunities in a potentially recessionary economic environment