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Today we’re going to hear from a gentleman who has indeed exited on his own terms and conditions with the successful implementation of an ESOP or Employee Stock Ownership Plan. We occasionally have Keith Apton of the Capitol ESOP Group on to review the pros and cons and inter-workings of an ESOP…and we’d suggest that anyone interested in ESOPs go back and listen to those episodes…but today our guest is right now experiencing an ESOP as a selling owner.
Todays’ topic is “A Successful ESOP Story” and our guest is Kris DenBesten, the past owner of Vermeer Southeast Sales and Service…which was a 2nd generation family business established in 1967 until the family sold to an ESOP three years ago… Want to learn more? Go to: ennislp.com
And that’s our topic today… My Employees Want Equity…What Should I Do?