The ESOP Association
ESOP Association Resources
Apr. 25
Inside this Issue:Recap of Ohio Statehouse Advocacy DayGreat Lakes Regional Conference RecapState & Regional Chapter Council Meeting Notable Happenings!Legislation UpdatePerry ProTECH - Chapter Company of the YearLauren Gara- Chapter Employee-Owner of the YearRead the full Issue >>
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Apr. 07
In 2025 Web Industries is celebrating 40 years of employee ownership, 25 of them as a 100% ESOP. Web is a manufacturer with facilities and employee owners in both the US and the EU. We are very intentional about implementing systems and structures for high participation.One very practical way we bring ownership culture to life is through our Ideas Teams. Inspired by the book Ideas Are Free by Alan Robinson and Dean Schroeder, this program harnesses the creativity of every employee owner to drive continuous improvement - one idea at a time.
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Apr. 07
“If you’re not at the table, you’re on the menu…”This is an old adage in Washington, DC, that’s been credited to several sources over the past few decades. Various newspapers, politicians, union leaders, and books have all referenced this saying in whole or part, and it was even utilized (though misspoken for comedic effect) by Julia Louis-Dreyfus in the series “Veep.”
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Apr. 07
Calling senior ESOP finance leaders: The ESOP Association will convene the first ever annual CFO Summit in Park City, Utah from June 22-24, 2025. Modeled after our very popular and useful CEO Summit conference, this event marks another new chapter of executive programming offered by The ESOP Association.
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Apr. 07
On March 11, Lori Chavez-DeRemer was officially sworn in as Secretary of Labor. The ESOP Association strongly supported Secretary Chavez-DeRemer’s confirmation because she has a deep understanding of ESOP businesses and the transformative power of employee ownership. She knows it’s possible to be both pro-business and pro-worker, and that ESOPs embody the best of both those worlds.
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Apr. 07
The ESOP Association’s 2025 National Conference is right around the corner! We hope you’ll join us May 13-16 in our nation’s capital to grow in your ESOP career, make new lasting connections, support ESOP advocacy, and celebrate employee ownership! Expand Your ESOP Knowledge and Grow in Your CareerTEA National is packed with educational content and programming, with nearly 60 concurrent sessions, roundtables, general sessions, and chapter showcases.
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Apr. 07
Less than three weeks after being sworn into office, U.S. Secretary of Labor Lori Chavez-DeRemer met with The ESOP Association’s President and CEO, James Bonham, to discuss the Association’s regulatory priorities under the Trump Administration. Chavez-DeRemer had been a strong and vocal supporter of ESOPs while serving in Congress. Consequently, The ESOP Association mounted a significant advocacy campaign in support of her confirmation as the ESOP community’s top regulator.
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Apr. 03
Welcome to your March issue of the ESOP ReportThis month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
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Mar. 10
The U.S. Senate today confirmed Lori Chavez-DeRemer to be Secretary of Labor in a bipartisan vote of 67-32. Democratic Senators Bennet (CO), Cortez Masto (NV), Gallego (AZ), Hassan (NH), Hickenlooper (CO), Kaine (VA), Kelly (AZ), Klobuchar (MN), Ossoff (GA), Peters (MI), Rosen (NV), Schiff (CA), Shaheen (NH), Slotkin (MI), Warner (VA), Warnock (GA), and Whitehouse (RI) voted to confirm Chavez-DeRemer. She will formally be sworn into office on Tuesday March 11 during a ceremony at the White House.
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Mar. 07
The ESOP Association has been informed that the chief of DOL’s Division of Employee Ownership, Hilary Abell, has been reinstated, effective Monday, March 10. TEA is grateful to the Trump Administration for this rapid decision.This key position at the Department of Labor was created with bipartisan and bicameral support by the Worker Ownership, Readiness and Knowledge (WORK) Act to help advance and promote employee ownership. Employee Ownership is a proven way to increase community and retirement wealth while protecting American jobs from outsourcing and foreign ownership.
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