Company’s ESOP Success a Focus at National Ownership Conference


Wiley|Wilson was pleased to share (some!) secrets of its ESOP success at the National Center for Employee Ownership (NCEO) Employee-Ownership Conference. Fred Armstrong, Chairman and CEO, and Connie Burnette, Vice President, Department Manager, Human Resources, participated in a panel discussion that focused on the consistent growth of the company’s Employee Stock Ownership Plan (ESOP) since 2000. This was the second time the company has been invited to speak at NCEO’s national conference. (Michael Coffee, of Corporate Capital Resources, LLC, moderated the panel.)

Fred and Connie’s presentation covered the 19-year history of the company’s ESOP and how it has been managed over the span of those years. “We were excited to share our positive ESOP experience with conference attendees and serve as advocates for the employee-ownership model,” Fred said. “Attending this conference gave us the opportunity to discuss what has worked for us while also picking up ideas from other ESOPs that we can take back and incorporate at our firm.”

According to Connie, the NCEO national conference is one of the largest attended conferences for employee-owned companies, making it an excellent resource for all-things ownership. “One of the secrets to our ESOP success is being open to new ideas and different ways of promoting our ownership culture,” Connie said. “Every employee-owned company has its own, unique ownership identity. What we all have in common, though, is we’re constantly looking for new ways to encourage employee-owners to embrace an ownership mentality.”

About the NCEO
The NCEO is a nonprofit membership organization that provides practical resources and objective, reliable information on ESOPs, equity compensation plans, and ownership culture. NCEO is prominent publisher and provider of research in the field. They hold dozens of Webinars and in-person meetings annually and provide services to its thousands of members and others.