Monday, June 26, 2023

From Exit to ESOP

When contemplating selling her business, Michelle Hayward, founder of Bluedog, did some research. 

She had developed a highly capable leadership team. When she exited, she wanted them to benefit, too. For her, there was only one solution. An employee stock ownership program (ESOP) was the fastest path to exiting Bluedog and driving future value for her employees. Employee ownership takes the company's award-winning culture and the accountability for maintaining it to the next level. It rewards employees by making them owners. 

Read the entire article here.

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