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Given private equity’s reach (1 in 25 work for a business owned by a PE firm), the industry has the power to shape work culture at scale, for better or for worse. And ironically, that’s exactly why Pete Stavros, co-head of global private equity for KKR, thinks he’s in a unique position to bring employee ownership to the mainstream.
Pete’s goal? To dramatically expand the number of Employee Stock Ownership Plans (ESOPs) that grant ownership shares to workers: “Imagine how different our economy and our country would be if workers owned a slice of every company in America.”
Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/esops.
Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
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All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Alpha is an AI research tool powered by GPT-4. Output from Alpha is not investment advice and should be verified for accuracy.
APY as of 3/13/25, subject to change.
*Terms and Conditions apply.
Learn more about your ad choices. Visit megaphone.fm/adchoices
4.7
14401,440 ratings
Given private equity’s reach (1 in 25 work for a business owned by a PE firm), the industry has the power to shape work culture at scale, for better or for worse. And ironically, that’s exactly why Pete Stavros, co-head of global private equity for KKR, thinks he’s in a unique position to bring employee ownership to the mainstream.
Pete’s goal? To dramatically expand the number of Employee Stock Ownership Plans (ESOPs) that grant ownership shares to workers: “Imagine how different our economy and our country would be if workers owned a slice of every company in America.”
Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/esops.
Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs.
—
All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Alpha is an AI research tool powered by GPT-4. Output from Alpha is not investment advice and should be verified for accuracy.
APY as of 3/13/25, subject to change.
*Terms and Conditions apply.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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