Business View Magazine - Nov 2023

135 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 11 THE NCEO FALL FORUM aid, it’s kind of hard to go back,” quips Jaymie Oviedo, Senior Director of Events for the NCEO. Discussions and sessions at these gatherings span a multitude of topics, from valuation and succession planning to leadership transition, executive compensation, engagement-driving incentives, risk mitigation, and beyond. It’s a one-stop shop for those contemplating an ESOP journey or aspiring to enhance their existing one. Core Motivations Behind ESOP Structure Transitions One of the driving forces behind the surge in employee ownership is the imperative to confront the Silver Tsunami. This term references the monumental transfer of wealth and leadership looming as baby boomers approach retirement and their vast holdings in closely held and private

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