Meeting Archive:
The Successful Sale to an ESOP: Transitioning Leadership and Governance

Meeting Description:
Most ESOPs are established as a way for a founder/owner to exit and pass on company ownership to the employees.  Pre-transaction, all real authority at the company has typically resided in the owner, who is the shareholder, the board, and the CEO.  Upon the owner’s exit, he or she will be leaving all three of these roles.  It will be critical to the success of the post-transaction employee-owned company that the transition of authority to new people be handled smartly.  In this session we’ll examine how to plan for and manage this transition successfully.
Date: Wed, Mar 1, 2017
Time: 10:00 AM EST
Duration: 1 hour
Host(s): Chris Cooper
 Presenter Information
Martin Staubus, The Beyster Institute
Speaker Photo

Martin Staubus is the Executive Director of the Beyster Institute, a university-based center of expertise on employee stock plans based at the Rady School of Management, UC San Diego.  The Institute offers consulting services to business leaders, advising on the effective use of employee stock programs.  His 30-year professional career has focused on workplace issues, specializing in employee stock ownership arrangements (including ESOPs, stock options, employee purchase plans, synthetic equity and more).  He has served as a practicing attorney, with positions at the US Department of Labor and in private practice.  From 1988-91 he was the deputy director of the ESOP Association, a trade group of companies with ESOPs based in Washington DC.  He has also served as VP of human resources at a Silicon Valley foodservice company and as a consultant to hundreds of business leaders on the effective design and use of employee stock ownership programs.