National Center for Employee Ownership (NCEO) 2023 Fall Forum

The National Center for Employee Ownership (NCEO) 2023 Fall Forum will bring the employee ownership community together in Houston, Texas on Sept. 26-28, 2023. The event will provide valuable strategies and insights on employee ownership, from acquisitions to valuation.

During the event, KSM’s Andy Manchir will join Stephen James of SCJ Fiduciary Services and Merri Ash of Internal Trustee, LLC for a presentation titled “What Do Internal Trustees Need To Know?” This session is designed to teach internal trustees what it means to be a fiduciary, including duties and responsibilities, how to work with your hired valuation firm to set the stock price, and how the trustee works with the board of directors, especially when it comes to voting and monitoring accountability.

Key topics include:

• The definition of an ERISA fiduciary and their duties and responsibilities.
• The trustee’s process for hiring the valuation firm and setting the stock price.
• How the board of directors and the trustee monitor each other and document their processes.