XPX Hartford CT: ESOPs– What You Don’t Know May Surprise You

Did you know an owner could sell all or part of their business for Fair Market Value, with the ability to defer (and avoid) capital gains tax? Further, rewarding the employees and management in the process who helped foster their success? Even more, position the company to become a 100% S-Corp ESOP and look to avoid paying any federal (and even state) income tax.

Employee Stock Ownership Plans (ESOPs) are a powerful, yet often misunderstood solution for business owners considering a transition. Our expert panel will provide an overview of Employee Stock Ownership Plans (ESOPs) as an exit strategy, with a focus on the areas of legal, lending and employee considerations.

Our Speakers:

Maureen Cosgrove
Senior Vice President
Aegis Fiduciary

Prior to joining Aegis, Maureen served as Senior Vice President for a large institutional trustee. She has 17 years of experience as a valuation professional. She served as the Managing Director of ESOP Advisory Services at a regional CPA firm and is constantly in front of current issues that the ESOP community faces. Maureen holds a BA in Mathematics from Central Connecticut State University.

Doug Dell
Director Middle Market Specialty Finance
Key Bank

Doug has over 30 years of experience as a financial manager in commercial banking, investment banking and private industry. In addition to managing KeyBank’s Commercial Banking team in Colorado, he specializes in lending to employee-owned companies.

He now serves as the Director, Middle Market Specialty Finance, in which he utilizes his expertise in ESOP transaction financing to grow and support the bank’s firmwide portfolio of employee-owned clients. He helps to develop new and improved financing and banking services to employee-owned companies, while engaging with all KeyBank markets to drive a consistent approach to underwriting and marketing.

Rob Schatz
Partner
ESOP Plus

Rob Schatz has many years of ESOP-centered legal practice to serve you whether you are a lender, investor, corporate sponsor, stockholder, employee group or fiduciary.

In addition to his knowledge of ERISA, his broad background includes commercial finance corporate law, corporate acquisitions, corporate divestitures, structuring and documenting secured and unsecured leveraged financing as applied to ESOP transactions.

Rob will work with you in the design and documentation of your ESOPs, as well as the design and documentation of your stock option, phantom stock and other equity-based and performance-based employee ownership and incentive plans.

Registration Fees:

Non-members:
$75.00 Early Bird (through 5/28)
$90.00 Regular Fee
$100.00 Same Day Registration/Walk-In Fee

Other XPX Chapter Members:
$55.00 Early Bird (through 5/28)
$70.00 Regular Fee
$80.00 Same Day Registration/Walk-In Fee

Includes full breakfast.

BRING A FIRST TIME GUEST TO XPX!

First Time Guest:  Complimentary pass for potential members to a first XPX event.  Member referral is required. Member (not guest) must email angie@exitplanningexchange.com to register a FIRST TIME guest.

Cancellation Policy: You may request to cancel your registration for a full refund, up to 72 hours before the date and time of the event.  If you miss the deadline, the sale is final. We are unable to issue a credit towards another meeting or individual, no substitutes.