Understanding ESOPs as a Succession Plan for Trucking Companies

Employee stock ownership plans (ESOPs) have long been a compelling succession planning option for many industries, including transportation, due to their significant tax benefits over other exit strategies. What drives these benefits, and how can trucking operations take advantage of them?

Join Mark Flinchum, partner with Katz, Sapper & Miller’s Transportation and ESOP Services Group, and Andy Manchir, director, with KSM’s ESOP Services and Valuations Groups on Feb. 25 at 1:00 CST during a webinar discussion with Cottingham & Butler to explore the answers to these questions. During the session, attendees will learn why and when an ESOP makes sense for trucking companies, the basics of an ESOP transaction, and how business valuations impacts an ESOP’s transaction and annual share price.