I lead the ESOP practice at KeyStone Executive Search. When I say this to someone I’m meeting for the first time, I’ll often get a puzzled look along with a follow up question; “Really, an executive search firm that specializes in ESOPs?
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Just as in other types of companies, the Board of Directors in an employee owned company has both legal and fiduciary obligation to their shareholders (in an ESOP, the employee owners). Clearly, the duty of care (avoid harm to the corporation), duty of loyalty (do not put personal interests ahead ...
Your Board of Directors is an essential piece of your ESOP – and building the right board for your company requires careful thought, strategy and vetting of potential candidates. The right board will position your company for growth and sustainability by providing input on the company’s business ...
I regularly have breakfast with a friend. She is a former colleague, we have had many similar life experiences and we have come to know each other quite well. She always begins our conversations by asking me how I’m doing. On one particular occasion, instead of giving the usual rote answer of ...