Journey to a 100% S ESOP

Wednesday, April 26, 2023

2:45 PM - 3:45 PM CST

Location: 2215A

CE Hours 1

CE Type: SHRM, CPE, CLE

Session Leader(s)

Christel Jimenez, n/a (she/her/hers)
Vice President - ESOP Consulting
Principal
Mooresville, NC, United States

PDF Slides

Speaker(s)

David Joffe (he/him/his)
Attorney
Bradley
Nashville, Tennessee, United States
Stephen A. Martin
Senior Vice President
Argent Trust Company
Atlanta, GA, United States

PDF Slides
Matt Ryan (he/him/his)
President and Chief Executive Officer
SM&E Inc
Raleigh, NC, United States

The ESOP journey is unique for each company; however, for many, the destination is the same. Join a panel of experts as they discuss the advantages of becoming fully employee-owned, along with the opportunities and challenges that may be encountered along the way. Specifically, we will discuss several different paths to transitioning from a partially-owned ESOP company to 100% employee ownership and the different considerations to take into account. We will also hear from the CEO of an established ESOP company as he shares his company’s recent experience undergoing this transformation. NCEO Resource:
S corporation ESOPs

Learning Objectives:

Identify the ways in which transitioning from a partial ESOP to a 100% ESOP can impact a business, both from the financial and cultural perspective
Understand different transaction structures that companies can consider to achieve 100% ESOP ownership
Define the key roles company leadership and their advisors play in a second-stage or a 100% ESOP transaction