Program
8:00-9:00 CONTINENTAL
BREAKFAST (Fairlawn Ballroom)
9:00-9:15 WELCOME
(Fairlawn Ballroom)
Daryl Revoldt, Governor’s Regional Economic Development
Representative, Region 9
John Logue,
9:15-10:15 KEYNOTE ADDRESSES (Fairlawn Ballroom)
Corey Rosen,
Steve Sheppard,
Foldcraft Company
10:30-12:00 CONCURRENT PANELS I
ESOP
Communications Using Creativity, Not Cash: Highlights of creative ESOP committees’ processes, activities
and events organized by budget-conscious committees. Come and discuss what your
committee is doing.
(Conference B2 Back – enter thru Conference B1 Front or see service hallway signs)
Chris Aguilar,
R. J. Martin Electrical Contracting
Karalee
Canham and Elyse Siggelkow,
ACRT Inc.
Linda Jones,
Software Solutions
Moderator:
Best Practices
in Managing, Governance & Strategic Planning in ESOPs: Hear perspectives from experienced ESOP leaders and advisors on
professionalizing your board, appropriate employee involvement, and much, much
more! (Conference B1 Front)
Jeff Evans, The Will-Burt Company
Mary Pat Salomone, Marine Mechanical Corporation
Jack Veale,
PTCFO Inc.
Moderator: Bob Taylor, Falcon Industries
ABCs of ESOPs for Employee Owners: Want to find out the basics of how ESOPs work? This is
the place! (Conference A)
Dave Gustafson,
James Steiker, SES Advisors
Moderator: Randy
CONFERENCE
THEME PANEL:
Creating
Companies Worth Keeping: Here’s your chance to pursue questions raised by the keynote
speakers during the plenary session.
(Board Room)
Corey Rosen,
NCEO
Steve Sheppard,
Foldcraft Company
Moderator: John Logue, OEOC
ESOP TECHNICAL
PANELS:
20 Misconceptions Regarding Fiduciary Responsibility & Liability: Fiduciary responsibility and liability are
increasingly important areas for ESOP companies; however, many ESOP
participants and fiduciaries have misconceptions about whether or not they are
a fiduciary and what it means to be a fiduciary. This session clears up those
misconceptions. (Bekaert Room)
Ben Wells, Dinsmore & Shohl
John Banasek, Prairie Capital Advisors
Moderator: Bill McIntyre, OEOC
Guest Experts:
Dave McCoy,
Business Valuations
Tina Fisher,
Principal Financial Group
Jeff Gelburd, Marsh
ESOP Account
Benefit Distribution Alternatives, Issues & Implications: What alternatives are legally available for participants
receiving their ESOP benefit? How do those alternatives really work? And what
are the implications financially and culturally of those alternatives? This
session provides the answers.
(Director’s Room)
Tim Jochim, Jochim & Associates
Melissa
Spencer, Swerdlin & Company
Pete Shuler,
Crowe Chizek
Moderator: Dan Riemenschneider, Brott Mardis
NOT-YET-AN-ESOP
PANEL:
ABCs of ESOPs
for Retiring Owners: Learn the
basics of ESOPs and whether or not they can be a tool in your succession plan. (B & W Room)
Jim Aussem,
Weston Hurd
Barry Romich, Prentke Romich
Richard
Schlueter, ComStock Valuation Advisors
Moderator: Richard Tanner, Ownership Advisors
12:00-1:15 LUNCH & 2006
Invocation: Sr.
Mary Eileen Boyle
2006
- Creating Companies Worth Keeping (see center spread)
- Select Machine “First in the
Nation” Award
1:30-3:00 CONCURRENT
PANELS II
Lights, Camera,
Action: Telling Your ESOP Story with Electronic Media: How you can make a movie about your ESOP and communicate with
your employee-owners coast-to-coast! (Conference
B2 Back – enter
thru Conference B1 Front or see service hallway signs)
Nancy Young and
Heidi Schaad, Prentke Romich Company
Paula Consolini,
Moderator: John Habanek, The
Great Lakes Construction Company
Great
Employee-Owned Workplaces – Sharing 20 Years of Success: Several presenters from ComDoc Inc.
will share highlights of their twenty years of experience with employee
ownership. (Conference B1
Front)
Mike Boydston, Andrea Capuano, Eileen Cowgar,
Syl Frazzini, Carolyn Payerle, and
Joyce Swords, ComDoc Inc.
Moderator: Gregg Cramer,
ABCs of ESOPs
Special Topic: Building Up My ESOP Account: A deeper look at how employees “open” an ESOP account, what the
amount of stock “deposited” is based on, and what determines how much the
“account balance” goes up or down over time. (Conference A)
Dan Bell,
Loren Rodgers,
ESOP TECHNICAL
PANELS:
ESOP Trustees –
Current Issues & Legal Update: What
do you need to know as an ESOP Trustee, member of an ESOP Administrative
Committee, Board member or interested ESOP participant about hot current topics
in trusteeing ESOP plans? What protections are there
for ESOP trustees to avoid personal liability? Bring your questions. Our panel
has the answers. (Director’s
Room)
David Ackerman,
Morgan Lewis
Karen Bonn, GreatBanc Trust
Dave Heald, Consulting Fiduciaries
Jeff Gelburd, Marsh
Moderator: Steve Pittman, Bruner Cox
Repurchase
Obligation & Its Impact on Valuation, Cash Flow & Strategic Planning: Sometimes, the repurchase obligation
can be the 600 pound gorilla impacting company strategy. Our panelists will
educate you about repurchase obligation so that you can manage it rather than
vice versa. (Bekaert Room)
Radd Riebe, Stout Risius
Ross
John Wirtshafter, McDonald Hopkins
Judy Kornfeld,
ESOP Economics
Moderator: Jeff Rosen, Star Leasing
EMPLOYEE
BUYOUTS PANEL:
Employee-driven
Buyouts using ESOPs: Learn from
the experience of two recent efforts at the New Page (former Mead) paper mill
in Chillicothe and Hoover Company in
James Steiker, SES Advisors
Mark Dixon,
Glatfelter, USW Local 731
Stephen Brown,
Glatfelter
Jim Repace, Hoover Company, IBEW Local 1985
Eric Bowles,
City of
Moderator: Deborah Groban Olson, Law Office of
Deborah Groban Olson
NOT-YET-AN-ESOP
PANEL:
Step-by-Step Process for Selling Your Business to Your Employees: So you’ve decided to sell your business to
your employees. Here’s how to do it. (B
& W Room)
Kurt Nichols, LaSalle
Bank
John O’Brien,
Duff & Phelps
Ron Stansbury, Calfee Halter Griswold
Rosanne
Aumiller, Barnes Wendling
Moderator: Stephen Baumgarten, Morgan Stanley
3:00-3:15 COFFEE
BREAK
3:15-4:45 CONCURRENT
PANELS III
Communicating About Key Business Concepts: Leaders at three ESOP companies discuss how they communicate
and educate about key concepts that impact their businesses’ profitability. (Conference B1 Front)
Mike Poyer, Gutknecht Construction
Gerry
Kesselring, Contract Sweepers and Equipment
Tom Ochs,
Moderator: Tom Roback,
Beyond the
Buzzwords for High Performance: A look at team performance planning at one ESOP firm and
other approaches for process improvement.
(Conference B2 Back – enter thru Conference B1 Front or
see service hallway signs)
Diane Bartlett,
ACRT, Inc.
Rich Bohan,
ABCs of ESOPs
Special Topic: Enjoying the Fruits of My ESOP Account: A deeper look at how employees make “withdrawals” from their
ESOP account, and what their company does to prepare for this –
Diversification, Distribution and Repurchase Liability. (Conference A)
Dan Bell,
Alex Moss,
Praxis Consulting Group
ESOP TECHNICAL
PANELS:
Using
ESOPs for Mergers and Acquisitions: ESOPs
have some structural and tax advantages that may facilitate mergers and
acquisitions. This
session explains and highlights the approaches taken by ESOP companies in
accomplishing successful mergers and acquisitions. (Director’s Room)
Ron Gilbert,
ESOP Services
Kreg Jackson, Houlihan Lokey Howard & Zukin
Joe Hark, Unette Corporation
Moderator: Ray Dunkle, Brockman Coats & Gedelian
Complying with
S-Corporation Anti-Abuse Rules: The
benefits of being an S-Corp ESOP are usually huge, but these rules are
complicated. What is the latest update on their interpretation and what steps
should companies be taking to assure compliance? The
penalties for violating the rules can be severe. All S-Corporation ESOPs should
have a representative attend this session. (Bekaert Room)
Stephen Smith, Krieg Devault
Becky Hoffman,
Principal Financial Group
Moderator: Debra Skinner, McCready & Keene
NOT-YET-AN-ESOP
PANEL:
Employee
Buyouts of Small Companies: How to get the 1042 Rollover while using an
Employee Co-operative: Is your
company too small for an ESOP to be cost-effective? If your company has 25 or
fewer employees and you have a substantial capital gain that you would like to
shelter by using the 1042 capital gains tax-free rollover, this is the panel
for you. Come hear the story of how Select Machine did exactly that. (B & W Room)
Doug Beavers,
Select Machine
David Baird,
Select Machine
Mark Stewart, Shumacher Loop & Kendrick LLP
Moderator: Bob
4:45-6:00 CLOSING
RECEPTION (Board Room)