On the Maximize Business Value podcast, host Tom Bronson turned to benefits and executive compensation partner Jason Luter for insight on employee stock ownership plans (ESOPs), including the fiduciary standards and how ESOPs differ from other exit-planning alternatives.
In the episode titled “The Inside Scoop on ESOPs,” Luter described what ESOPs are and outlined options that owners typically consider when evaluating exit strategies and succession planning. He also emphasized the benefits of ESOPs, such as how they’re an internal transaction, so the process can happen smoothly.
