Items Tagged with 'employee stock-ownership plan'

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The Real World of ESOPs

From Acquisition to Owner Retirement

An employee stock ownership plan is providing a seamless succession strategy for Livingston Machinery.
It’s a tough situation laying in a hospital bed and realizing the business you’ve spent most of your life building might go away if you’re unable to return to work. In 2008, that was the reality for Earl Livingston of Livingston Machinery in Chickasha, Okla., after he suffered a stroke and wasn’t sure he’d make it back.
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The Next Generation

Exploring the Possibilities of Employee Stock Ownership Plans

Along with playing a role in establishing a succession plan, ESOPs offer a range of other benefits for dealer-principals and their employees.

Farm equipment dealers who are looking to establish a succession plan for their companies to ensure their dealerships remain viable business entities, whether or not they remain at the helm of the company, are taking a close look at the potential role that an Employee Stock Ownership Plan (ESOP) could play in the process.


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Clint Schnoor

[Webinar] Is an ESOP Right for Your Dealership?

Clint Schnoor is the president of Agri-Service, a 10-store AGCO dealership based in Idaho. In this webinar, Schnoor explains the pros and cons of employee ownership, the cultural and operational changes involved and share solid advice based on his experience going through the change in ownership structure. [To view any of our webinar replays, you must be logged in with a free user account.]
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