A company that has or is about to put in an Employee Stock Ownership Plan is subject not only to tax incentives under ERISA, but also to a number of federal compliance and governance requirements that take knowledge and experience with ESOPs to navigate properly. In addition, an ESOP trust puts certain demands on company cash flow, doe to repurchase obligations, and must be taken into account when strategizing for future growth.
For these reasons, members of an ESOP company board of directors may face challenges that membership on other company boards may not have prepared them for. DirectorsMarketplace.org is an online community of successful directors that has taken on the mission to help train ESOP company board members in the best ways to fulfill their duties towards their company, its shareholders, management and employees alike.
Our ESOP director training includes:
- Training on ESOP company governance, fiduciary duties, ERISA compliance and more.
- A series of online and offline seminars with experienced ESOP professionals.
- Materials for home study and general information.
- A final certification exam.
- The ability to ensure that the ESOP plan document is in compliance with government regulation
- Post-certification events in various locations for continuing education.
- Membership in our exclusive community of active and retired company directors.
Keep shareholders and employees happy with competent ESOP governance.
ESOP director training on DirectorsMarketplace.org doesn't end with the certificate. On our site, you have the opportunity to communicate and network with directors who have many decades of experience governing closely held, ESOP owned, family held and many other types of companies. Whether you are a director looking for an open board seat, or a company representative looking for a qualified director to fill an open seat, you will find what you're looking for on the Directors Marketplace. Our discussion forums and private communication channels will also prove useful if you're seeking answers for thorny questions facing your company - you can be certain that our experienced members will have valuable insights into your problem and will suggest workable and common sense solutions.
Given the lack of official certification for ESOP advisors and directors, and the proliferation of ill-informed advice and bad practices in the field, the consequences of which many of us have frequently seen and worked to rectify during our careers, we are determined to create an exclusive and self-selected community that upholds an exceptional standard of quality. Our membership can only be obtained on recommendation or reference from an existing member, which will allow companies seeking ESOP directors to hire any of our members knowing that they are getting only the most professional and knowledgeable executives.
ESOP Director Training from Directors Marketplace means a fountain of first-hand knowledge about ESOP company governance, membership in an exclusive community of professionals, and a never-ending commitment to learning and improvement. Come to our site and register for our Director Training courses today!
