Vice President - HR & Finance Guy Engineering Services, Inc. Tulsa, Oklahoma
Does your ESOP own 49% of the shares or less? This session is for you! Come learn from GUY Engineering's mistakes and pitfalls to learn how you can prevent a structure of haves and have-nots, reward current employees better, and still provide ownership benefits to the majority owner.
Learning Objectives:
Understand the benefits of contributions versus distributions in a minority ESOP.
Consider alternative payment methods to the majority owner instead of normal profit distributions.
Learn how to minimize haves vs. have-nots in a minority ESOP.
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.jpg "Michael Twyman (he/him/his) photo")