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OEOC Webinar #1: The ESOP-Employee-Owned Cooperative Hybrid

ESOP – Cooperative Hybrid webinar series

ESOPs and employee-owned cooperatives share many similarities as well as differences, and each model can provide a distinct set of features for a business and their employees. Some businesses have found that each model has not been “enough”, and have taken parts of each  to create something new – the “ESOP-operative”.

So how would such a hybrid work? This two-part webinar series will help outline how its done, what to look for, and watch out for, as well as a case study from a company that has made it work for them.

Co-Sponsored by:

Webinar One: The ESOP-Employee-Owned Cooperative Hybrid, Thursday February 21st, 2019, 2:00 pm EST – Presenters: Chris Cooper, OEOC (Moderator); Deborah Groban Olson, Attorney, and Founder of the Center for Community Based Enterprise; Bob Gelser, General Manager, and Scott Owens, Board Member and Employee Owner, Once Again Nut Butter Collective, Inc.
Is there a way to combine the democratic governance of a worker cooperative and the financial performance of an ESOP? This webinar, the first in a short series, will provide the necessary background and legal specifics, as well as a case study of Once Again Nut Butter Collective, Inc., that will outline the issues and solutions around creating an “ESOP-erative”. 90 Minutes
Register for this free webinar here

Webinar Two: The Role of the Trustee and Governance in an ESOP-Cooperative Hybrid, Wednesday March 13th, 2019, 2:00 pm EST – Presenters: Chris Cooper, OEOC (Moderator); Peter Jones, Horizon Trust & Investment Management.
How does the ESOP Trustee fit within the framework of a employee cooperative governance enterprise? How do the employee owners, the Board, and trustee interact, and where are the potential fault lines? These questions and more will be covered in this session. 60 Minutes
Register for this free webinar here

These webinars are provided free of charge with support from the USDA’s Rural Cooperative Development Program. If you would like to support the OEOC’s continued work in this area, you can do so here.

With Support From:

The two webinars will assume a basic understanding of both ESOPs and Employee Cooperatives. This will allow us to dive right in to the essentials of the hybrid model. If you’d like to review either or both, here are some resources to help you do so:

Previously recorded OEOC webinars on setting up an ESOP, and other related “stuff”
ABCs of ESOPs Article
Employee Cooperative Basics Article