Repurchase obligations are a major component of ESOP administration and the main way in which employee-owners benefit from owning a financial stake in the companies they worked for. Yet, these obligations are often seen as a burden, and in some cases, can lead to the freezing or termination of an ESOP plan. In this episode we speak with Josh Young of UBS about how ESOP companies can rethink their approach to repurchase obligations in a way that reframes obligations as something to plan for and celebrate, rather than an administrative burden.
Apple Growth Partners (AGP) is an accounting and business advisory firm with more than 77 years of experience that delivers healthy, sustainable growth. AGP offers a full range of services for privately held businesses, including tax planning and compliance, audit and assurance, business valuation, litigation consulting - with a special focus on employee stock ownership plans (ESOPs). With more than 100 employees, and office locations in Akron, Canton, and Cleveland. AGP’s professionals provide the expertise your business needs.
The Owners at Work Podcast is a continuation of the biannual Owners at Work Newsletter which ran for 19 years (1990-2019). We are hoping to continue the same conversations and focus on providing updates on everything employee ownership. We plan to interview practitioners with expertise in different facets of employee ownership, academics doing new and interesting research, and most importantly, individuals who have a personal experience with employee ownership, including current and former employee-owners, mid-level to C suite management, and selling owners.
We want to produce a show that engages with relevant questions and provides practical lessons and information. We want this podcast to include the voices of those who practice employee-ownership each and every day. To that end we want to hear from you! We want to highlight what you are doing, whether you are an employee-owned company, a practitioner, or researcher.
***Please reach out via email: oeoc@kent.edu
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