Earlier this year, FMI and Construction Financial Management Association (CFMA) partnered together to survey construction owners and executives on their ownership transfer and management succession plans. The results presented are based on almost 300 responses.
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Transitioning to an employee stock ownership plan (ESOP) means a period of big change for a company. It’s also the best time to rethink the company board. In this paper we provide best practices that company leaders can take to build an effective ESOP board and ensure a successful transition.
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