Employee stock ownership

Sullivan Tire Announces Employee Stock Ownership Plan

Retrieved on: 
Friday, November 3, 2023
General Automotive, Tires & Rubber, Automotive, Employee stock ownership, Family, Tuffy Auto Service Centers, ESOP, Auto, Tire, Nightclub

Sullivan Tire and Auto Service today announced a new Employee Stock Ownership Plan that will turn over ownership of the 68-year-old, family-owned company to its employees.

Key Points: 
  • Sullivan Tire and Auto Service today announced a new Employee Stock Ownership Plan that will turn over ownership of the 68-year-old, family-owned company to its employees.
  • “We are honored and proud that the future of Sullivan Tire will be shepherded by the people who have all played a role in helping us accomplish the brand recognition that is prevalent throughout New England,” said Paul Sullivan.
  • The foundation on which Robert J. Sullivan started Sullivan Tire in 1955 was, “Treat everyone, customers and fellow employees, as you would a member of your family,” and that tradition continues today.
  • Sullivan Tire continues to grow with more than 1,500 employees and locations in Massachusetts, New Hampshire, Rhode Island, Connecticut and Maine.

SeedBlink joins forces with Promocrat to enhance startups' investment readiness with educational resource

Retrieved on: 
Tuesday, September 12, 2023
Partnership, Q&A, Marketing, Employee stock ownership, Best practice, ESOP, Magnet, Growth, Ridesharing, Cryptocurrency, Management, Hunch

BUCHAREST, Romania, Sept. 12, 2023 (GLOBE NEWSWIRE) -- SeedBlink announces a new partnership with the esteemed Promocrat growth marketing agency.

Key Points: 
  • BUCHAREST, Romania, Sept. 12, 2023 (GLOBE NEWSWIRE) -- SeedBlink announces a new partnership with the esteemed Promocrat growth marketing agency.
  • The findings made by SeedBlink after nearly 6,000 European entrepreneurs competed for successful funding on SeedBlink inspired this collaborative project.
  • This document lays out a clear roadmap with 53 tried-and-true ideas for transforming hopeful businesses into efficient investment magnets.
  • Nimity , our equity management solution, and our educational arm in development with Promocrat are all part of this commitment."

PagerDuty Announces Second Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, August 31, 2023
Software, Technology, Data Management, Cloud, Exercise, Tax, Note, PD, Income tax, Regulation Fair Disclosure, Table, Marketing, PagerDuty, Bank statement, Debt-to-GDP ratio, Disclosure, GAAP, Multimedia, Judgement, Employee stock ownership, Convertible, Public expenditure, Net, Acquisition, Investment, Diversity, Average cost, Communication, Inclusion, Growth, Government, Culture, News, NYSE, Regulation, Social media, Automation, Bank, Holding company, Cryptocurrency, Airline, Chemical, Bookkeeping, Insurance, Security (finance)

PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced financial results for the second quarter of fiscal 2024, ended July 31, 2023.

Key Points: 
  • PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced financial results for the second quarter of fiscal 2024, ended July 31, 2023.
  • The section titled “Non-GAAP Financial Measures” below contains a description of the non-GAAP financial measures and reconciliations between historical GAAP and non-GAAP information.
  • Specifically, PagerDuty excludes the following from its historical and prospective non-GAAP financial measures, as applicable:
    Stock-based Compensation: PagerDuty utilizes stock-based compensation to attract and retain employees.
  • PagerDuty encourages investors to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate PagerDuty’s business.

Leaders From the Private and Public Sector Will Convene for the Employee Ownership Ideas Forum

Retrieved on: 
Monday, June 12, 2023
Professional Services, State, Local, Public Policy, Continuing, Small Business, Other Policy Issues, University, Education, Labor, Human Resources, Congressional News, Views, Government, Online, Aspen Institute, Statement on Chemical and Biological Defense Policies and Programs, Senior, Rutgers University, Prudential Financial, Colorado Commission on Higher Education, University of California, Riverside, Bangladesh Technical Education Board, Freedom, Democrat, Research, WORK, Growth, Fair Work Act 2009, Legislation, Private sector, Harvard University, State of Maryland Meritorious Civilian Service Medal, Assistant, Prudential, Curriculum, Public policy, Small Business Administration, EOP, Public, School, Fellow, Republican, Small business, Employee stock ownership, Pharmaceutical industry, Management, Economics, Policy, Aspen

Policymakers, researchers, employee-owned companies, and economic experts will convene for the Employee Ownership Ideas Forum to explore how the U.S. can grow employee share ownership.

Key Points: 
  • Policymakers, researchers, employee-owned companies, and economic experts will convene for the Employee Ownership Ideas Forum to explore how the U.S. can grow employee share ownership.
  • Republican Senator Marco Rubio of Florida and Democratic Senator Chris Van Hollen of Maryland recently introduced the Employee Equity Investment Act , to support the growth of employee ownership.
  • Panelists at the two-day forum will dive into issues including the latest research on the benefits of employee ownership for workers, business and communities.
  • Additionally, panelists will discuss innovative ideas for strengthening employee ownership, focusing on collaborative efforts between the government, the private sector, and philanthropies.

Capstone Partners Broadens Service Offerings with Formation of ESOP Group

Retrieved on: 
Wednesday, June 7, 2023
National Center for Employee Ownership, Employee stock ownership, Georgia State University, Income tax, NCEO, MBA, ESOP, Capstone Partners, Capstone, Economics, Central Waqf Council, Citigroup, Growth, Sales

BOSTON, June 7, 2023 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, has launched the formation of an Employee Stock Ownership (ESOP) Advisory Group ("the Group"), amplifying its full-scope suite of solutions offered to clients. This strategic expansion underscores Capstone's commitment to providing comprehensive financial solutions to clients and represents a significant milestone in the company's continued growth.

Key Points: 
  • BOSTON, June 7, 2023 /PRNewswire/ -- Capstone Partners, a leading middle market investment banking firm, has launched the formation of an Employee Stock Ownership (ESOP) Advisory Group ("the Group"), amplifying its full-scope suite of solutions offered to clients.
  • New service line bolsters the firm's fully integrated suite of solutions with a unique alternative for clients.
  • The firm has immediate expansion plans in place to continue to bolster the breadth of the Group.
  • Capstone remains steadfast in expanding its positioning to optimize client outcomes by offering expert advisory services across all possible avenues."

PagerDuty Announces First Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, June 1, 2023
Data Management, Apps, Applications, Technology, Software, Networks, Artificial Intelligence, Internet, Cloud, Exercise, Heart, Tax, IBM, Note, PD, Income tax, Regulation Fair Disclosure, Table, Marketing, PagerDuty, Bank statement, Artificial Intelligence for IT Operations, Debt-to-GDP ratio, Synthetic media, Disclosure, GAAP, Automation, Social media, Judgement, Employee stock ownership, Convertible, Organization, Public expenditure, Net, Acquisition, Investment, Cisco, Generative, Woman, News, NYSE, Palo Alto Networks, Regulation, Cryptocurrency, Mobile phone, Video game, Bank, Life insurance, Risk management, Food delivery, Security (finance), Bookkeeping, Insurance, DocuSign, Vodafone

PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced financial results for the first quarter of fiscal 2024, ended April 30, 2023.

Key Points: 
  • PagerDuty, Inc. (NYSE:PD), a leader in digital operations management, today announced financial results for the first quarter of fiscal 2024, ended April 30, 2023.
  • The section titled “Non-GAAP Financial Measures” below contains a description of the non-GAAP financial measures and reconciliations between historical GAAP and non-GAAP information.
  • Specifically, PagerDuty excludes the following from its historical and prospective non-GAAP financial measures, as applicable:
    Stock-based Compensation: PagerDuty utilizes stock-based compensation to attract and retain employees.
  • PagerDuty encourages investors to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, which it includes in press releases announcing quarterly financial results, including this press release, and not to rely on any single financial measure to evaluate PagerDuty’s business.

AR Franchising Inc.® Announces Employee Stock Ownership Program (ESOP)

Retrieved on: 
Monday, May 1, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Human Resources, National Center for Employee Ownership, Culture, Employee stock ownership, Job satisfaction, ESOP, Research, ProBuild, AR, Creative industries, Management

AR Franchising, Inc.®, the largest national custom luxury homebuilding franchisor of AR Homes®, announced an employee-ownership ESOP to empower employees and further strengthen its market position.

Key Points: 
  • AR Franchising, Inc.®, the largest national custom luxury homebuilding franchisor of AR Homes®, announced an employee-ownership ESOP to empower employees and further strengthen its market position.
  • According to the National Center for Employee Ownership, employee ownership improves productivity, increases job satisfaction, and accelerates company growth.
  • “AR Franchising, Inc.® is known for its long-standing commitment to its employees, its franchisee builders, and its customers,” said C.R.
  • Herro, CEO, AR Homes Franchising, Inc.® “Arthur Rutenberg founded the company on a culture of innovation, integrity, and devotion.

Rutgers Launches “Shares Laboratory” to Study and Track Equity Compensation

Retrieved on: 
Tuesday, April 18, 2023
Labor, Finance, Professional Services, Public Policy, Government, DEI (Diversity, Equity and Inclusion), University, Collegiate, Consumer, Education, National Center for Employee Ownership, Private sector, Lab, Employee stock ownership, Share (finance), Workplace, Policy, Woman, White House Council on Women and Girls, Research, Google.org, Kruse, Fidelity Investments, Bank of America, Collection, Aspen, Rutgers School of Management and Labor Relations, Council of Economic Advisers, Computershare, Management, Growth, Bank, Distinguishing, Financial adviser, Public utility, PayPal

The Rutgers Institute for the Study of Employee Ownership and Profit Sharing today announced the nation’s first academic research initiative dedicated to equity compensation.

Key Points: 
  • The Rutgers Institute for the Study of Employee Ownership and Profit Sharing today announced the nation’s first academic research initiative dedicated to equity compensation.
  • “A huge number of Americans receive equity compensation,” said Bill Castellano, a Professor in the Rutgers School of Management and Labor Relations and Co-Leader of the Shares Laboratory.
  • Its reports will overnight become the gold standard for basic research on equity compensation.
  • “By engaging with practitioners, we hope to accelerate the impact of our research and propose innovations in equity compensation.”

Unlocking the Power of Employee Ownership: Hargrove Controls & Automation's Karen Griffin Shares Insights with ESOPs at 2023 CSIA Conference Panel

Retrieved on: 
Wednesday, April 12, 2023
Learning, Face, EPC, Automation, CSIA, ESOP, Employee stock ownership, Control System, Emergency Leaders for Climate Action, Griffin, Culture, Conference, Video game

MOBILE, Ala., April 12, 2023 /PRNewswire-PRWeb/ -- Hargrove Controls & Automation, a leading industrial automation system integrator and a subsidiary of global EPC firm Hargrove Engineers & Constructors, will be represented by Karen Griffin P.E., vice president of Hargrove Controls & Automation, on the panel "Succession Planning to Developing a Culture of Ownership" at the 2023 Control System Integrators Association (CSIA) Executive Conference May 15-19, 2023 in New Orleans, LA.

Key Points: 
  • Vice President of Hargrove Controls & Automation Karen Griffin will be participating in a panel discussion on "Succession Planning to Developing a Culture of Ownership" at the 2023 Control System Integrators Association (CSIA) Executive Conference in New Orleans, LA.
  • MOBILE, Ala., April 12, 2023 /PRNewswire-PRWeb/ -- Hargrove Controls & Automation , a leading industrial automation system integrator and a subsidiary of global EPC firm Hargrove Engineers & Constructors , will be represented by Karen Griffin P.E.
  • , vice president of Hargrove Controls & Automation, on the panel "Succession Planning to Developing a Culture of Ownership" at the 2023 Control System Integrators Association (CSIA) Executive Conference May 15-19, 2023 in New Orleans, LA.
  • Griffin will participate in a panel of professionals, alongside Ray Brown, Dan Markowitz, and Joe DeJong, who are experienced in Employee Stock Ownership Programs (ESOP).

View Announces Q4 2022 and Full Year 2022 Earnings

Retrieved on: 
Wednesday, March 29, 2023
Compensation, Airport, Sale, Wind, Employee stock ownership, Research and development, Development, Investment, Cost, Administration, Webcast, View, Inc., Depreciation, Growth, ITC, Tax credit, Cryptocurrency, Video game, Security (finance), Pharmaceutical industry, Research

MILPITAS, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building technologies, today announced financial results for the fourth quarter and full year 2022.

Key Points: 
  • Record revenues of $44 million for Q4 2022, representing 56% year-over-year growth compared to $28 million in Q4 2021.
  • View ended Q4 2022 with $198 million of cash, cash equivalents, and short-term investments.
  • MILPITAS, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), a leader in smart building technologies, today announced financial results for the fourth quarter and full year 2022.
  • “The View team delivered a record year in 2022, achieving $100 million revenue for the first time in the Company’s history,” said Dr. Rao Mulpuri, CEO of View.