ESOP Webinar


WEDNESDAY, SEPTEMBER 25th  |  9:00 – 11:00am

No Cost to Attend, but Open to Roundtable Members Only

 

THIS WEBINAR WILL COVER:
The What, Why and How of Employee Stock Ownership Plans (ESOPs)
The Basics of Structure
Reasons Businesses Implement ESOPs
Steps to Take to Create an ESOP

We will hear from two technical experts, as well as business leaders who chose to create an ESOP for their company.

PRESENTERS
Tabitha Croscut is a shareholder and chair of the ESOP legal team at Devine, Millimet & Branch, P.A., with a national practice focused on Employee Stock Ownership Plans (ESOPs) as succession and employee compensation strategies. In addition to counseling clients regarding transactional, compliance and fiduciary issues with respect to their ESOPs, she has represented companies, sellers and internal and external trustees in ESOP transactions ranging from under a million dollars to over four hundred million dollars. She is a frequent speaker at ESOP conferences nationwide and presents regularly on how ESOPs can be an effective exit or transition planning tool for owners of closely-held businesses.

Chuck Coyne is an Accredited Senior Appraiser of the American Society of Appraisers, and Managing Director of Empire Valuation Consultants. He has over 30 years of experience in providing ESOP Valuation services to ESOP Trustees and sell-side assistance to company owners exploring the feasibility of selling their stock to employees using an ESOP. He is a frequent speaker and author on both a national and regional level. Chuck is a member of the National Center for Employee Ownership and the ESOP Association where he is the current Chair of the Valuation Advisory Committee. He also serves as a Trustee of the Employee Ownership Foundation (EOF).

David Hallam is a 1970 graduate of Norwich University with a BSEE. He started Hallam-ICS in 1981, originally as Hallam Engineering. In 2001 he stepped down as CEO and began working part-time on special projects until full retirement in 2014. David is currently on the Board of Directors of the Counseling Service of Addison County, Wake Robin Retirement Community, and volunteers at the Middlebury Area Land Trust. In his spare time he bicycles, skis, plays lacrosse and fly-fishes.

Keith Flaherty is the President and CEO of Hallam-ICS.  He is responsible for providing leadership and vision for the 100-person engineering and process control firm with 5 offices on the East Coast. The founder of Hallam-ICS, Dave Hallam, established the ESOP in 2000. Keith transitioned into the role of CEO in 2001 and Hallam-ICS continued their path to become a 100% ESOP, realizing this in 2015. Keith has worked at Hallam-ICS for the past 29 years. He has BSEE and MBA from the University of Vermont.

EMPLOYEE-OWNED MEMBER COMPANIES
Chroma Technology Corp.  |  King Arthur Flour Co.  |  PC Construction Co.

RESOURCES / MEDIA OF INTEREST
About Vermont Employee Ownership Center
“Interest in Employee Ownership Models Growing” (VTDigger, 6.9.19)
“We Bought the Company! Vermont Takes Leading Role in Employee-Owned Businesses” (Burlington Free Press, 6.16.19)
“How King Arthur Flour’s Unusual Leadership Structure is Key to Its Success” (Forbes, 1.30.19)

EVENT CONTACT: Sherra Bourget   [email protected]  (802) 865-0410