Employee stock ownership plans are complex mechanisms. "ESOPs are not just a matter of someone putting stock into an account," Roger Collins, president and chief executive officer of Harp's Food Stores, Little Rock, Ark., told SN. "ESOPs are a government tool to give employees goals that align with the goals of the corporation." Chris Niemann, chief financial officer of Niemann Foods, Quincy, Ill., cautioned that launching an ESOP can be "fairly expensive" in terms of professional fees for ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.