Afleveringen

  • SUMMARY: When we look into the field of employee ownership three major models come to mind, employee stock ownership plans (ESOPs), worker cooperatives, and employee-owned trusts. But practitioners are always looking to improve existing models and in some rare cases develop new ones. In this first episode of season five we speak with David Ellerman and Tej Gonza of the Institute for Economic Democracy about a new model they have developed which combines features of the ESOP and worker cooperative models what they term the “European ESOP. Thier hope is this model that can drive the expansion of broad-based employee ownership in Slovenia – the country where they both live – as well as the European Union more generally. We talk about what features of worker cooperatives and ESOPs were retained and why, how the model functions, and the process for getting supportive legislation passed in Slovenia to encourage the adoption of this model.

    Further Reading:

    The Institute for Economic Democracy: https://ekonomska-demokracija.si/eng/

    The ESOP Coop Model Explained: https://ekonomska-demokracija.si/wp-content/uploads/2023/01/European-ESOP-IED2022.pdf

    Guest INFO :

    Tej Gonza: https://ekonomska-demokracija.si/eng/tej-gonza/

    David Ellerman: https://ekonomska-demokracija.si/eng/david-ellerman/

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But they take time and money to produce. Consider making a DONATION today to help keep our work going.

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUMMARY

    Back in 2018 the Kendeda Fund, a philanthropic foundation based in Atlanta, decided to make a series of big bets in areas that were both critical and timely. One of those areas was employee ownership and the investment made by Kendeda was historic. Over 5 years a total of $24 million dollars was provided to 4 employee owner support organizations. Those organizations include The Evergreen Cooperatives Fund for Employee Ownership, ICA Group, Nexus Community Partners, and Project Equity. The investment was made with four broad goals in mind – grow the number of employee-owned businesses, use patient capital to leverage investments, strengthen core elements of the employee ownership ecosystem, and amplify media coverage of employee ownership.

    Upon entering the 5th year of the grant, Kendeda contracted with the Ohio Employee Ownership Center to carry out a reflection process that looked back on what these four organizations where able to achieve, assess what they learned, and identify future actions that would further develop and expand employee ownership in the US. The reflection process relied on numerous forms of data collection including in-person meetings, long form one on one interviews with grantees, selling owners, and new employee owners, analysis of transition data, and comparisons of the four grantees models for transitioning companies to employee ownership. The culmination of our findings was then published in a narrative report that drew on the insights of all stakeholders involved, which we encourage you to read.

    However, like all reports, we could not include every bit of information we gathered. But we strongly felt it necessary to provide grantee organizations with the space to explain, in their own words, how and why they do the work they do, how Kendeda’s investment helped them expand their impact, and where they see their work going in the future.

    So, this interview with Christina Nicholson and Paty Viafara of Nexus Community Partners, is one in a series of interviews we carried out with organization that received support from the Kendeda Fund.

    READ THE REPORT: www.oeockent.org/kendeda-employee-ownership-big-bet

    GRANTEE INFORMATION

    ICA Group: https://icagroup.org/

    Nexus Community Partners: https://www.nexuscp.org/

    Project Equity: https://project-equity.org/

    The Fund for Employee Ownership: https://www.evgoh.com/tfeo/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

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  • SUMMARY

    Back in 2018 the Kendeda Fund, a philanthropic foundation based in Atlanta, decided to make a series of big bets in areas that were both critical and timely. One of those areas was employee ownership and the investment made by Kendeda was historic. Over 5 years a total of $24 million dollars was provided to 4 employee owner support organizations. Those organizations include The Evergreen Cooperatives Fund for Employee Ownership, ICA Group, Nexus Community Partners, and Project Equity. The investment was made with four broad goals in mind – grow the number of employee-owned businesses, use patient capital to leverage investments, strengthen core elements of the employee ownership ecosystem, and amplify media coverage of employee ownership.

    Upon entering the 5th year of the grant, Kendeda contracted with the Ohio Employee Ownership Center to carry out a reflection process that looked back on what these four organizations where able to achieve, assess what they learned, and identify future actions that would further develop and expand employee ownership in the US. The reflection process relied on numerous forms of data collection including in-person meetings, long form one on one interviews with grantees, selling owners, and new employee owners, analysis of transition data, and comparisons of the four grantees models for transitioning companies to employee ownership. The culmination of our findings was then published in a narrative report that drew on the insights of all stakeholders involved, which we encourage you to read.

    However, like all reports, we could not include every bit of information we gathered. But we strongly felt it necessary to provide grantee organizations with the space to explain, in their own words, how and why they do the work they do, how Kendeda’s investment helped them expand their impact, and where they see their work going in the future.

    So, this interview with Alison Lingane of Project Equity, is one in a series of interviews we carried out with organization that received support from the Kendeda Fund.

    READ THE REPORT: www.oeockent.org/kendeda-employee-ownership-big-bet

    GRANTEE INFORMATION

    ICA Group: https://icagroup.org/

    Nexus Community Partners: https://www.nexuscp.org/

    Project Equity: https://project-equity.org/

    The Fund for Employee Ownership: https://www.evgoh.com/tfeo/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

  • SUMMARY

    Back in 2018 the Kendeda Fund, a philanthropic foundation based in Atlanta, decided to make a series of big bets in areas that were both critical and timely. One of those areas was employee ownership and the investment made by Kendeda was historic. Over 5 years a total of $24 million dollars was provided to 4 employee owner support organizations. Those organizations include The Evergreen Cooperatives Fund for Employee Ownership, ICA Group, Nexus Community Partners, and Project Equity. The investment was made with four broad goals in mind – grow the number of employee-owned businesses, use patient capital to leverage investments, strengthen core elements of the employee ownership ecosystem, and amplify media coverage of employee ownership.

    Upon entering the 5th year of the grant, Kendeda contracted with the Ohio Employee Ownership Center to carry out a reflection process that looked back on what these four organizations where able to achieve, assess what they learned, and identify future actions that would further develop and expand employee ownership in the US. The reflection process relied on numerous forms of data collection including in-person meetings, long form one on one interviews with grantees, selling owners, and new employee owners, analysis of transition data, and comparisons of the four grantees models for transitioning companies to employee ownership. The culmination of our findings was then published in a narrative report that drew on the insights of all stakeholders involved, which we encourage you to read.

    However, like all reports, we could not include every bit of information we gathered. But we strongly felt it necessary to provide grantee organizations with the space to explain, in their own words, how and why they do the work they do, how Kendeda’s investment helped them expand their impact, and where they see their work going in the future.

    So, this interview with Jeanette Webster and Emma Sherrie of the Fund for Employee Ownership is one in a series of interviews we carried out with organization that received support from the Kendeda Fund.

    READ THE REPORT: www.oeockent.org/kendeda-employee-ownership-big-bet

    GRANTEE INFORMATION

    ICA Group: https://icagroup.org/

    Nexus Community Partners: https://www.nexuscp.org/

    Project Equity: https://project-equity.org/

    The Fund for Employee Ownership: https://www.evgoh.com/tfeo/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

  • SUMMARY

    Back in 2018 the Kendeda Fund, a philanthropic foundation based in Atlanta, decided to make a series of big bets in areas that were both critical and timely. One of those areas was employee ownership and the investment made by Kendeda was historic. Over 5 years a total of $24 million dollars was provided to 4 employee owner support organizations. Those organizations include The Evergreen Cooperatives Fund for Employee Ownership, ICA Group, Nexus Community Partners, and Project Equity. The investment was made with four broad goals in mind – grow the number of employee-owned businesses, use patient capital to leverage investments, strengthen core elements of the employee ownership ecosystem, and amplify media coverage of employee ownership.

    Upon entering the 5th year of the grant, Kendeda contracted with the Ohio Employee Ownership Center to carry out a reflection process that looked back on what these four organizations where able to achieve, assess what they learned, and identify future actions that would further develop and expand employee ownership in the US. The reflection process relied on numerous forms of data collection including in-person meetings, long form one on one interviews with grantees, selling owners, and new employee owners, analysis of transition data, and comparisons of the four grantees models for transitioning companies to employee ownership. The culmination of our findings was then published in a narrative report that drew on the insights of all stakeholders involved, which we encourage you to read.

    However, like all reports, we could not include every bit of information we gathered. But we strongly felt it necessary to provide grantee organizations with the space to explain, in their own words, how and why they do the work they do, how Kendeda’s investment helped them expand their impact, and where they see their work going in the future.

    So, this interview with David Hammer of ICA Group, is one in a series of interviews we carried out with organization that received support from the Kendeda Fund.

    READ THE REPORT: www.oeockent.org/kendeda-employee-ownership-big-bet

    GRANTEE INFORMATION

    ICA Group: https://icagroup.org/

    Nexus Community Partners: https://www.nexuscp.org/

    Project Equity: https://project-equity.org/

    The Fund for Employee Ownership: https://www.evgoh.com/tfeo/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

  • SUMMARY: For too long, cooperatives have been cast to the margins of our economy and discussions around economic development and community building. Yet, there are numerous examples throughout the US and across the globe demonstrating how cooperatives serve as a viable organizational form, allowing individuals and communities to achieve their economic, social, and cultural needs and aspirations. In this episode we sit down with George Cheney of the University of Colorado and talk about a recent book he co-authored titled Cooperatives at Work which takes cooperatives marginality head on and provides a range of case studies of successful cooperative organizations as well as practical lessons and strategies to grow the sector. In our interview we talk about how George’s long career of researching employee ownership and cooperatives and what he and his co-authors found while writing the book including the unlevel playing field worker cooperatives in the US face, how technological change may grow or constrain cooperative development, and the relationship between worker cooperatives, sustainability, and the environment.

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    INFO :

    Link to the book Cooperatives at Work: https://books.emeraldinsight.com/page/detail/cooperatives-at-work/?k=9781838678289 Link to a preview of the book: https://www.vieta.ca/post/our-new-book-cooperatives-at-work

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUMMARY: If one thing is true, its that the word ownership has baggage – every person has a different conception of what it means. In this episode we speak with Chris Mackin, who has worked in the employee ownership community for decades, to talk about a recent article he published on the multiple meanings of ownership. We discuss how being aware of these multiple meanings can inform the work we do on employee ownership whether that be at the company level in the context of training or ESOP plan design, or at the societal level in the context of public policy making. Chris wears many hats, practitioner, researcher, teacher, and more recently public policy entrepreneur and our conversation reflects that. As should have been expected, an interview initially intended to talk about the recent article included numerous excursions into conversations including the movement for employee ownership in the mid 18th and 19th centuries, how capital ownership structures our current economy and the possibilities for expanding employee ownership, and the Employee Equity Investment Act (EEIA) a piece of legislation that (after the interview was recorded) was introduced with bi-partisan support in both the House and Senate.

    Link to article: https://www.emerald.com/insight/content/doi/10.1108/JPEO-10-2022-0019/full/html

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    INFO:

    Chris Mackin: https://christophermackin.org/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUMMARY: In this episode Chris Cooper speaks with Eric Zaleski and Michael Rosendahl of PCE Investment Bankers, about what business owners should be thinking about, and doing, to prepare for a business succession. In many cases, business owners see succession planning as something that will take place far off in the future, as something that can wait. Or it seems like an enormously complex issue that gets overwhelming fast. Both Eric and Michael break down the process into two options, inside sale or outside sale and what both entail at a high level. They also cover what you can start doing now to prepare for business succession and provide great insights into how preparation for succession planning in the future can actually help your company's performance in the here and now.

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO :

    Erick Zaleski , PCE Investment Bankers : https://www.linkedin.com/in/mattsillabusinessvaluationcle/

    Michael Rosendahl, PCE Investmen Bankers https://www.pcecompanies.com/staff-member/michael-rosendahl

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

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  • Guest: Eric Flickinger and Matt Silla

    SUMMARY: In this episode we sit down with two valuation experts, Eric Flickinger and Matt Silla of Apple Growth Partners. The conversation is wide ranging and includes discussion of high level trends we saw in 2022 that will impact company valuations, what their general 2023 outlook is, and what they are watching for. More specific conversations also include the Federal Reserve’s monetary policy and what it means for valuations and acquisitions, what the economic trends tell us about a possible 2023 recession, and what may happen around the US debt ceiling debate.

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    INFO :

    · Matt Silla, Apple Growth Partners: https://www.linkedin.com/in/mattsillabusinessvaluationcle/

    · Eric Flickinger, Apple Growth Partners: https://www.linkedin.com/in/eric-flickinger/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • Guest: Jeff Kelley, Hamill Manufacturing Company

    SUMMARY: In this episode we speak with Jeff Kelly, former CEO, selling owner, and current Chairman of Hamill Manufacturing, a Pennsylvania based precision and fabricating company which serves the defense, aerospace, and power generation industries. We talk to Jeff about what led him to begin working at the company in 1976 (which is father owned), why he chose to sell the company to the employees using an ESOP, the importance of legacy and loyalty for second generation business owners, and how important developing a succession plan is for manufacturing companies and businesses more broadly.

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    INFO :

    Learn more about the Hamill Company

    https://www.hamillmfg.com/history

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • In this episode we sit down with Bina Smith who is the HR Generalist and Communication Committee chair at Palmier Donavin, a 100% employee-owned company. The interview covers a wide range of areas and draws on Bina’s 8 years of experience serving on her companies communication committee. The discussion includes how to build an ownership culture at a company with multiple locations and a complex production process, general principles for approaching communication around your ESOP, and practical ideas that can be used at other employee owned companies

    Guest Contact Info:

    https://www.linkedin.com/in/bina-smith-shrm-scp-a2088292/

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • So, what exactly are state employee ownership centers? What do they do, and why do we need more of them? This episode is a re-broadcast of an interview originally aired by Owners to Owners – another podcast that focuses on employee ownership. Jesse Tyler, the host of Owners to Owners, sits down with Matt Cropp of the Vermont Center for Employee Ownership, Steve Storkan of the Employee Ownership Expansion Network, and Michael Palmieri of the Ohio Employee Ownership to discuss how state centers approach the tasks of outreach, education, advocacy as well as what drives each of them personally to work to grow employee ownership.

    Follow the Owner to Owner podcast:
    https://www.ownertoownerpodcast.com/

    Owners to Owners is part of the Broader EO Podcast Network
    Learn more about it here: https://www.eopodcastnetwork.com/

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUMMARY: In this episode we speak with Deanna Colombo of Butler/Till a women owned, 100% employee-owned, and Certified B Corporation marketing agency located in Rochester NY. We talk about all things culture and communication, and how both can be maintained through periods of rapid change and growth. In the past two years, Butler/Till has nearly doubled its workforce, opened up a new headquarters, and implemented a hybrid work option – all while navigating covid. Throughout this period, the company has maintained, and even strengthened its company culture. We get into the philosophical questions regarding what drives culture (bottom up vs. top town), practical ways to create communication channels for employee-owners, and how Butler/Till celebrated Employee Ownership Month. If you are looking for some great ideas to rethink your communication strategies, or even some ideas for employee-ownership events at your company – this episode is for you.

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO :

    Deanna Colombo, Butler/Till

    Linkedin: https://www.linkedin.com/in/deannacolombo/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUMMARY: In this episode we speak with Corey Rosen, founder of the National Center for Employee Ownership about a his new book he co-authored with business reporter John Case. The interview is wide ranging and touches upon what is driving economic inequality today, how employee ownership is a practical and transformative solution, the role of private equity in employee ownership, the importance of governance rights vs. increased economic security, whether the ‘moment’ employee ownership is having is distinctive from those in the past, and much more.

    NCEO BOOK LAUNCH EVENT: https://www.nceo.org/event/nceo-book-launch-ownership-rethinking-capitalism-companies-and-who-owns-what

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO :

    Corey Rosen

    Linkedin: https://www.linkedin.com/in/corey-rosen-3a8a8a4 Phone: 510-208-1314 Email: [email protected]

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • It is common understanding that only C-corporations and S-corporations can sponsor Employee Stock Ownership Plans (ESOPs). But is this indeed the case? In this episode we speak with Mike Sorice about how LLCs can indeed sponsor an ESOP and the reasons why some have chosen this option. We talk about the differences between LLCs and other types of corporations, how LLCs can be structured to sponsor an ESOP, as well as the risks associated with doing so.

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO :

    Mike Sorice

    Linkedin: https://www.linkedin.com/in/mike-sorice-law Phone: 614.223.9336 Email: [email protected]

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUMMARY: In this episode we speak with Pete Shuler of Blue Ridge ESOP Associates and go into the mechanics of ESOP administration and talk about Third Party Administrators (TPAs) – what they are and do, why they do it, and how you as a plan administrator in your company can take steps to ensure your relationship with your TPA is strong, efficient, and useful.

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO :

    Pete Shuler

    Linkedin: https://www.linkedin.com/in/pete-shuler-5631044 Phone: +1 614 280 5208 Email: [email protected].

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUMMARY: A growing body of research shows that employee-owned companies outperform traditional companies on a range of measures, especially during economic downturns – but is has this pattern continued through covid-19? On this episode we speak with Nancy Wiefek and Nathan Nicholson of the NCEO about two recent research projects that seek to answer this very question. Spoiler alert, employee-owned companies continued to outperform traditional companies, provide increased employment stability, and better levels of retirement security throughout the pandemic.

    ESOPs in the US Food System: https://www.nceo.org/employee-ownership-blog/new-nceo-research-shows-benefits-being-esop-food-industry Ownership Structure and Resiliency in Crisis: https://esca.us/news/new-study-employee-ownership-provided-resiliency-financial-security-during-crisis/ 28-34 Year Old Employee Owners Over Time: https://www.ownershipeconomy.org/ NBC News Featuring NCEO Research: https://www.nbcnews.com/business/personal-finance/workers-companies-arent-rushing-join-great-resignation-s-rcna13706

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO :

    Nancy Wiefek

    Email [email protected], Phone: 510-208-1312

    Nathan Nicholson

    Email [email protected] Phone 510-208-1313

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • In this episode we speak with Jonathan Welle of Cleveland Owns and Ellen Vera of Co-op Cincy – two Ohio-based nonprofits that are working around cooperative development and community wealth building. We dig into how both Jonathan and Ellen began working on cooperative development, mission of vision of their organizations, and talk about programs and initiatives they are currently working on to build community and worker owned enterprises

    SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO :

    Jonathan Welle: https://www.clevelandowns.coop/our-team-1/jonathan-welle Ellen Vera: https://coopcincy.org/staff-and-board

    Ohio Worker-Ownership Network (OWN)

    Website: https://www.oeockent.org/the-ohio-worker-ownership-network Past episodes: https://www.oeockent.org/owners-at-work-podcast/season-2-episode-10-employee-ownership-updates-taking-stock-and-looking-forward
  • Owners at Work is back for season 3! In our first episode of this season we speak with Steve Storkan, Executive Director of the Employee Ownership Expansion Network (EOX) - a national nonprofit focused on establishing and supporting a network of independent nonprofit State Centers for Employee Ownership. We talk about the steady growth in number of state centers since EOX’s founding, the importance of being open to all forms of employee-ownership, successful strategies to engage public officials and economic development professionals, and much more. SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going.

    GUEST INFO : Steve Storkan

    Bio: https://eoxnetwork.org/who-we-are/ Email: [email protected]

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]

  • SUPPORT THE SHOW: We make all episodes of Owners at Work free and never place them behind a paywall. But, they take time and money to produce. Consider making a DONATION today to help keep our work going

    2022 Annual Conference - https://www.oeockent.org/resources-events/annual-ohio-employee-ownership-conference

    SUMMARY: In the US there are over 14 million employee-owners working at 7,000 companies. Yet, the sector still has enormous potential to grow. In this episode we speak with Chris Fredericks, CEO of Empowered Ventures and Tim Rettig CEO of InTrust IT, both of whom are focused on growing the employee ownership sector through acquisitions of other mid-market companies. Together both Chris and Tim have acquired 7 companies in the last 5 years creating hundreds of new employee owners, and they are only getting started. We talk about what drove both Tim and Chris to adopt the models they have, the mechanics of the deals, and how they have approached culture building in companies that are diverse in both geographic location and industry.

    GUEST INFO :

    Tim Rettig, CEO InTrust IT

    Bio/Contact: https://www.intrust-it.com/tim-rettig/

    Chris Fredericks, CEO Empowered Ventures

    Bio/Contact: https://empowered.ventures/chris-fredericks/

    WE WANT TO HEAR FROM YOU: We are always looking for new employee ownership stories to tell. Please contact us with your story at [email protected]