Monetize your value Part 2
I am preparing an intro for this month’s topic, and then we will jump into material prepared by Nathan Hawkins asking him to update the readers about the status of ESOPs in today’s economic environment. I asked him five questions about the state of the ESOP (Employee Stock Option Plan) market, how ESOPs could help with recruiting and employee retention, what’s changed since the Pandemic, how interest rates and inflation have impacted...
Metalcraft announces October succession for CEO Steve Doerfler
Kyle Bermel adds to role as Metalcraft president; global ID solutions company CEO to become board chairman Metalcraft announced a planned leadership transition reflecting the ongoing elevation of the employee-owned company’s dedicated team. Effective October 1, president Kyle Bermel will add Chief Executive Officer to his title, succeeding Steve Doerfler, who will become board chairman. This transition reflects Metalcraft’s...
Unlocking the Power of Employee Ownership: Hargrove Controls & Automation’s Karen Griffin shares insights with ESOPs at 2023 CSIA Conference Panel
Vice President of Hargrove Controls & Automation Karen Griffin will be participating in a panel discussion on “Succession Planning to Developing a Culture of Ownership” at the 2023 Control System Integrators Association (CSIA) Executive Conference in New Orleans, LA Hargrove Controls & Automation, an industrial automation system integrator and a subsidiary of global EPC firm Hargrove Engineers & Constructors, will be...
In the Great Resignation, ESOPs matter more
According to the US Bureau of Labor Statistics (BLS), 4.3 million Americans quit their jobs in August 2021. That’s 2.9% of the total non-farm workforce, the highest rate ever recorded by the BLS. For closely-held companies in search of retention solutions, employee stock ownership plans (ESOPs) could play a key role. What’s Driving the Great Resignation? This trend began in early 2021 and has accelerated since then. Delayed departures...
EP 170: Insights into ESOP
In this episode, I was joined by Nathan Perkins of CSG Partners who focuses on ESOP. This is the latest in our partnership with Material Handling Wholesaler for the May 2021 issue. Nathan wrote the cover story entitled “Dealers at a Crossroads – Choosing the Right M&A Transaction” and we discuss how material handling dealers did throughout the pandemic and how they are now dealing with coming out of the pandemic. He also explains...
Dealers at a Crossroads – Choosing the Right M&A Transaction
As we enter the later stages of the Coronavirus pandemic, equipment companies in material handling and related industries are seeing the light at the end of the tunnel. Some businesses have even flourished in the last few quarters. Buoyed by changing trends in consumer consumption, purchase behavior, and decentralized commerce – and further bolstered by the broader reopening of the country – the outlook for dealers is strong....
Get ready for the restart
The Coronavirus epidemic has brought an abrupt and unexpected change to the operating environment. Even if your company wasn’t impacted financially, the human toll on your staff, customers, and partners have likely been a management challenge in and of itself. Here’s the good news: this too shall pass. Market recoveries followed the 2007-08 financial crisis, the 2001-02 tech bubble burst, and the 1987 market crash. We should...
Our Current Issue
Free Magazine & eNewsletter
Current Supplements
