XPX New York: Employee ownership as an Exit Plan

Employee ownership is an option that many exiting business owners ignore or are not aware of, yet for many, it is the approach that can best achieve their financial and non-financial goals. This seminar will walk through the benefits of broad based ownership and why business owners should add employee ownership to the options they are considering in their exit. We will provide an overview of the various forms of employee ownership, including Employee Stock Ownership Plans (ESOPs), employee ownership trusts, and worker cooperatives as well as the process a transition to employee ownership entails.

Our Speaker:

David Hammer, Executive Director - ICA Group

David Hammer is the Executive Director of the ICA Group and a leading practitioner of employee buyouts of small business. He has assisted in the conversion, launch and growth of dozens of employee-owned firms and social enterprises.

David joined the ICA Group in 2008 and served as a Senior Business Consultant until assuming the position of Executive Director in June 2013. David earned a Master’s of Science from the Labor Relations and Research Center at the University of Massachusetts, Amherst and a Bachelor’s degree in History from the University of Massachusetts, Amherst.