
Sign up to save your podcasts
Or
Today's Topic: Employee Ownership Trusts: An ESOP Alternative
Our Speaker: Rick Plympton, Christopher Michael, Sue Crockett
Club E will be joined by Sue Crockett, Rick Plympton and Christopher Michael to discuss Employee Ownership Trusts. You can also watch live on our YouTube Channel.
Selling to an employee ownership trust (EOT) should be considered as an alternative to an ESOP where the cost of an ESOP is a major consideration.
You will come away from this event with the "Why" to use an EOT instead of an ESOP, the "How" to transition to an EOT, and the "Where" to look for further guidance.
About our panelists-
Rick Plympton:
Rick Plympton is the CEO of Optimax, a precision optics manufacturer in Ontario, NY. He has provided leadership and vision over the past 25 years needed to grow Optimax from a small start-up to America’s largest precision optics manufacturer.
Christopher Michael:
Chris is responsible for developing the perpetual purpose trust as a new legal mechanism for employee ownership in the United States and has published articles introducing the concept in leading peer-reviewed law journals, including Tax Notes and Probate & Property.
Sue Crockett:
Sue is the Executive Director of the MN Center for Employee Ownership (MNCEO) a non-profit organization created to educate business owners, advisors, community leaders, and members of local and state government entities.
THANK YOU TO OUR PARTNERS AND SPONSORS
Boulay Group, CPA's - https://www.boulaygroup.com/
Irish Titan - https://irishtitan.com/
Highland Bank - https://highland.bank/
Minnesota Sales Institute - https://mnsales.com/
Romain Berg - https://www.romainberg.com/
The Network Connect - https://thenetworkconnect.com/
Today's Topic: Employee Ownership Trusts: An ESOP Alternative
Our Speaker: Rick Plympton, Christopher Michael, Sue Crockett
Club E will be joined by Sue Crockett, Rick Plympton and Christopher Michael to discuss Employee Ownership Trusts. You can also watch live on our YouTube Channel.
Selling to an employee ownership trust (EOT) should be considered as an alternative to an ESOP where the cost of an ESOP is a major consideration.
You will come away from this event with the "Why" to use an EOT instead of an ESOP, the "How" to transition to an EOT, and the "Where" to look for further guidance.
About our panelists-
Rick Plympton:
Rick Plympton is the CEO of Optimax, a precision optics manufacturer in Ontario, NY. He has provided leadership and vision over the past 25 years needed to grow Optimax from a small start-up to America’s largest precision optics manufacturer.
Christopher Michael:
Chris is responsible for developing the perpetual purpose trust as a new legal mechanism for employee ownership in the United States and has published articles introducing the concept in leading peer-reviewed law journals, including Tax Notes and Probate & Property.
Sue Crockett:
Sue is the Executive Director of the MN Center for Employee Ownership (MNCEO) a non-profit organization created to educate business owners, advisors, community leaders, and members of local and state government entities.
THANK YOU TO OUR PARTNERS AND SPONSORS
Boulay Group, CPA's - https://www.boulaygroup.com/
Irish Titan - https://irishtitan.com/
Highland Bank - https://highland.bank/
Minnesota Sales Institute - https://mnsales.com/
Romain Berg - https://www.romainberg.com/
The Network Connect - https://thenetworkconnect.com/