Apr 21, 2021 08:30 AM
Employee Stock Ownership: Transitioning Your Business to Employee OwnershipAdd to Calendar
Transitioning Your Business to Employee Ownership
Click here to register -- free to AGC members.
AGC will host an introduction to Employee Stock-Ownership Plans (ESOPs) led by Tenor Capital Partners. The agenda includes an overview of the benefits and considerations relating to ESOPs. The presentation will include discussion and Q&A with representatives from Tenor as well as AGC members Charter Construction and Exxel Pacific.
Employee stock-ownership plans provide owners and shareholders of privately held businesses highly customizable, tax-advantaged options for exit and succession planning. These structures are used to facilitate transition of the business through the use of employee ownership. With tax rates expected to increase significantly in 2022, ESOPs are more relevant than ever. Please join us for this Zoom presentation and discussion on what is possible through employee ownership.
Tenor Capital Partners is a specialty ESOP advisor focused exclusively on the design and execution of shareholder succession through the use of ESOPs. Tenor has facilitated ESOP transactions for general contractors, including Charter Construction and Exxel Pacific, in the Pacific Northwest. Tenor’s unique approach focuses on the goals and strategic priorities of each selling shareholder in addition to the creation of an employee-owned business subsequent to closing.
Joining us from Tenor Capital Partners for this event is managing partner Andre Schnabl. Prior to joining Tenor, Schnabl retired as managing partner of the Atlanta office of Grant Thornton LLP in 2012. Prior to his retirement, he held a variety of positions within the firm in the firm’s offices in Zimbabwe, Montreal, Canada and Atlanta. During his career, Schnabl has consulted with mid-market companies on a variety of matters, including mergers and acquisitions, debt and equity financings including public offerings. Since Joining Tenor in 2015, Schnabl has been advising companies and shareholders in business succession using ESOPs, including shareholder advocacy, structuring and leading the financing raises. Schnabl holds a BS in Chemistry and Geology from the University of London and is a CPA. He serves on a number of corporate and not-for-profit boards.
Anthony Levi is a vice president of Tenor. He has broad business experience including 22 years with PACCAR in the company’s controllers organization, corporate purchasing and in business administration. Prior to leaving PACCAR, Anthony led PACCAR’s Dynacraft division, a manufacturing and distribution company with three facilities, over one thousand employees, and annual sales exceeding $1B. Under his leadership, Dynacraft expanded the product range, improved margin, and built a new greenfield facility in Texas to handle growth. As purchasing director at PACCAR, he managed commercial relationships with hundreds of suppliers. Anthony earned his BA in Business Administration from the University of Georgia and an MBA from Seattle University. He is a Certified Management Accountant.
All transfers or cancellations must be received 3 business days prior to the event start date to avoid forfeiting 100% of the event fee. To clarify, if the event is on Tuesday, you must cancel the Wednesday of the preceding week by 5pm.