The 12 Days of ESOPs, Day 6: Kevin McPhillips of the PA Center for Employee Ownership (PaCEO) on ESOP Awareness

The 12 Days of ESOPs, Day 6: Kevin McPhillips of the PA Center for Employee Ownership (PaCEO) on ESOP Awareness

We’re celebrating the spirit of the ESOP Movement with The Twelve Days of ESOPs.

12 Days of ESOPs
Our guests over these twelve days hail from a variety of fields in ESOP World – from lawyers, to valuators, to CEOs, and even employee owners themselves – each bringing their own unique outlook and experience to our ongoing conversation about what makes ESOP participation so valuable to companies.
On the sixth day of ESOPs, our guest is Kevin McPhillips, executive director of the Pennsylvania Center for Employee Ownership (PaCEO) who joined us to discuss exit planning, promoting ESOP awareness, and how ESOPs benefit employees and businesses in Pennsylvania and beyond. 🥚🥚🥚🥚🥚🥚 Just like those six geese a-laying, when we work together we can build quite the nest egg for our retirement!
Capital Trustees is proud to be one of the founding sponsors of the  Pennsylvania Center for Employee Ownership (PaCEO).  As discussed in the podcast, the benefits of ESOPs extend far beyond the borders of Pennsylvania. The PA Center of Employee Ownership is affiliated with the National Center for Employee Ownership which continues the work of ESOP awareness on a national level.

More about Kevin McPhillips

Kevin McPhillips, Executive Director PaCEO [Photo Credit: Pennsylvania Center for Employee Ownership]

Kevin McPhillips has enjoyed more than 30 years working in both non-profit and private leadership. Before joining the PaCEO, McPhillips served as CEO of 1000 Museums, the leading online community destination for museums and exhibitions from around the world. Prior, he was President of The Princeton Companies, handpicked by the Governor’s Office as a model of NJ Business growth, served as President of Direct Group, one of the nation’s largest Direct Marketing firms, and spent 8 years leading non-profit centers for citizens with special needs. His experiences managing and owning businesses taught him that employee ownership and investment IS good business. Kevin is a product of Northwestern University.

More about the Pennsylvania Center for Employee Ownership

The Pennsylvania Center for Employee Ownership (PCEO) promotes a better understanding of the values of employee ownership among business leaders, public officials, employees, members of the media, students, teachers, nonprofit leaders, consumers, and other persons and organizations in Pennsylvania.

The objectives of the PCEO are as follows:

  1. Raise awareness. Promote greater awareness of employee ownership as a form of business succession planning among various stakeholders in Pennsylvania.
  2. Create more employee ownership. Increase the number of new, and percentage ownership of existing employee-owned companies in the state.
  3. Improve the Pennsylvania economy. Strengthen the state’s economy by retaining and expanding the local workforce through employee ownership.

[Source: Pennsylvania Center for Employee Ownership, About Us]


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