At some point after selling to an ESOP, your company founder, former owner and/or longtime CEO will need to transition out of the company. These transitions can be difficult for the founder, as they may want to remain involved in the business in a multitude of ways (or in no ways). This transition can also be difficult for the new CEO and leadership team as they strive to provide what the founder needs without inhibiting their ability to keep the ESOP growing and flourishing. In this interactive session, we'll discuss typical situations during this second transition and, through audience discussion/participation, we'll discuss ways to mitigate these difficult situations. NCEO Newsletter Article: Taking Stock: Succession Planning Is for Everyone
