Founder and Chairmain ShopBot Tools Portland, OR, United States
Is your company on the smaller side? An Employee Ownership Trust (EOT) may be a better option than an ESOP. Come and learn about the journey that Ted Hall, Founder and CEO of ShopBot Tools (a leading manufacturer of CNC tools), took in designing a highly customized EOT that met the needs of the selling shareholders, the employees, and the larger CNC community. We will share the pros and cons of EOTs, key points to consider, and effective ways to build an ownership culture at an EOT.
Learning Objectives:
Understand what an Employee Ownership Trust (EOT) is and how it differs from an ESOP
Determine the pros and cons of an EOT and the key points to consider when deciding whether an EOT is a good option for a company
Learn three ideas about how to build an ownership culture at an EOT
.jpg "Anne-Claire Broughton (she/her/hers) photo")
