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ABOUT MINNESOTA CENTER FOR EMPLOYEE OWNERSHIP

The Minnesota Employee Ownership Center (MNCEO) serves as the central hub for information on employee-ownership in Minnesota.

 

The Minnesota Employee Ownership Center (MNCEO), a member of the Employee Ownership Expansion Network of state centers, serves the entire state of Minnesota as the central hub for free, unbiased information on employee-ownership. Its primary mission is to educate business owners and their advisors on the benefits of employee ownership. MNCEO provides resources, case studies, articles, and a list of service providers who can assist with employee ownership transitions.

 
 

 OUR HISTORY

 

In 2019 The Employee Ownership Expansion Network (EOX) began to create a network of State Centers for Employee Ownership across the country.  The purpose of this grass roots effort is to provide education and outreach on the benefits of all forms of employee ownership to workers, businesses, and the communities in which they reside as well as being a hub for resources to business owners and their advisors.   

The MNCEO was the second state center EOX assisted in opening when it was formed in early 2020.  The mission of the MNCEO is to be the local unbiased “boots on the ground” hub to help guide MN business owners and their advisors on their options when starting their ownership transition process.   

 
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 “We’re on a mission to turn the state of Minnesota into a place where every working person can also be an employee-owner.”

 

OUR TEAM

 
 

Kirsten Kennedy

EXECUTIVE DIRECTOR
MNCEO

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Kirsten Kennedy is the executive director of the Minnesota Center for Employee Ownership.

As executive director, Kirsten is responsible for leading MNCEO’s networking, fundraising, and programming initiatives to educate business owners, their employees and financial advisors, and elected officials across Minnesota on the prospect of and long-term benefits of employee ownership.

Prior to joining MNCEO, Kirsten served as the mayor of North Branch, a city in Central Minnesota with more than 10,500 residents. During Kirsten’s tenure as mayor, her public policy initiatives were focused on economic development, affordable housing, infrastructure repair and development, and supporting housing for people with chronic mental health challenges and homelessness.

An ardent advocate for grassroots community building and social justice, Kirsten was recently selected from a pool of 946 candidates to complete a prestigious Bush Fellowship focused on improving community health. During this time, she served as a statewide health improvement partnership administrator in Chisago County, where she was responsible for supporting the implementation of policy, systems, and environmental changes focused on healthy living.

Kirsten holds a bachelor’s degree in Psychology and a master’s degree in Political Advocacy and Leadership from the University of Minnesota. She also holds certificates in Continuous Improvement Management and as a Six Sigma Lean Black Belt in Healthcare from the Management and Strategy Institute.

Active in local and statewide business and community organizations, Kirsten is the board chair of the Women’s Environmental Institute, as well as a founding board member of the Chisago AgeWell Coalition. She has also served on the boards of the East Central Regional Development Commission and the Chisago County Housing and Redevelopment Authority-Economic Development Authority. Kirsten is also an active member of the Minnesota Chamber of Commerce and the Minnesota Economic Development Association.

Born in Norway and raised in East Central Minnesota and Southern California, Kirsten is engaged to the love of her life, Mark, and the mother of five adult children. When Kirsten is not busy helping business

owners navigate their employee ownership journeys, she enjoys reading, theater, travel, and spending quality time with her loved ones.
kkennedy@mnceo.org
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Laura Qualey

BOARD CHAIR
Community & Business Development Specialist // CEDA

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Laura is a Community & Business Development Specialist at Community and Economic Development Associates (CEDA), where she uses her strong connections with local governments, rural communities, and nonprofit organizations to help cultivate business relationships, implement community improvement projects, and provide technical assistance to businesses in Cannon Falls and Dodge County, Minn.

 Active in the Southeast Region of MN, Laura utilized her marketing and social media skills to assist the Cannon Falls Education Foundation’s endowment from $400,000 to more than $1.2 million as a longtime, dedicated board member.  

 Laura grew up with two successful entrepreneurial parents, who owned small businesses in North Dakota and Southeastern Minnesota. As a result, she has a keen understanding of succession planning, as well as a passion for keeping Minnesota small businesses in their communities.  

She has lived in Cannon Falls, Minn. since 1988, but still has deep roots in North Dakota where a majority of her extended family resides, and she returns often to cheer on the NDSU Bison!  She has one daughter and two grandchildren that she loves spending her free time with.

 
 

BOARD MEMBERS

 
Steve Storkan, business succession planner at MNCEO

Steve Storkan

EXECUTIVE DIRECTOR
EOX

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Steve is the current Executive Director, Secretary, and Treasurer for the Employee Ownership Expansion Network (“EOX”). Storkan brings 25 years of experience in the employee ownership community. Prior to joining the EOX, he was the Director of ESOP Administration Services for Alerus Retirement Solutions. Storkan has also spent over 15 years in volunteer duties for the MN/Dakota’s Chapter of the ESOP Association including past President as well as Vice President of the chapter’s Government Relations Committee.

sstorkan@eoxnetwork.org
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Fred Caslavka, business succession planner at MNCEO

Fred Caslavka

TREASURER
Employee Owner // Landscape Structures

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Fred is the CFO of Landscape Structures Inc., a manufacturer of commercial playground and waterplay equipment. Fred has been with the company for 29 years during which he had the pleasure of working through three ESOP transactions with the founders. The company became 100% ESOP owned in 2012. Fred is passionate about ESOPs and loves to share the story of the founders’ incredible gift of employee ownership. 

Fred is an advisory board member of Bauer Design Build and board member of Teal Lake Insurance Company, a Vermont captive. He also served as  Board Chair and Finance Chair during his 12 years on the Volunteers of America Minnesota and Wisconsin board.

 

Roger Ryberg

BOARD MEMBER
Former Owner // Windings, Inc.

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Roger Ryberg was the owner, CEO, Board Chair and Director of Windings, Inc, a manufacturing firm in New Ulm, MN, for 25 years.  Roger purchased the company in 1983, created an ESOP in 1998 and completed 100% sale to the employees in 2008. 

Roger is a passionate supporter of employee ownership and the financial equity benefit an ESOP brings to all employees regardless of their position in the company.

 
 

Nicole Behm-Koep

BOARD MEMBER
Managing Partner // Quazar

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Nicole is an experienced investment banker with a strong focus on business development and client relationships. She excels in guiding clients through the acquisition process and ensuring successful deal closures while overseeing operations to maintain efficiency and effectiveness.

Driven by her father’s values, Nicole believes in the importance of businesses giving back to their communities. She actively serves on various association and nonprofit boards, including the Immediate Past Board President of the Association of Corporate Growth (ACG) Minnesota, Vice President for the Minnesota-Dakotas Chapter of The ESOP Association Officer Group, Board Member of the Minneapolis Club, and the James Sewell Ballet. Nicole generously volunteers her time with WomenVenture, the Printing Industry Midwest Education Foundation committee, and the Northwest Suburban Chapter of Pheasants Forever.

Before joining Quazar in a full-time capacity, Nicole served as the HR Business Partner to New Ventures at Ecumen, a non-profit provider of Senior Housing and Services. In this role, she successfully managed HR responsibilities for in-house and third-party senior housing start-ups across multiple states, overseeing the entire process from proforma development to building opening. During her tenure of over six years at Ecumen, Nicole provided invaluable HR consulting to senior management, field leadership, and employees.

Nicole’s professional journey includes notable HR leadership positions at Next Day Gourmet, a division of US Foodservice, and Target Corporation. Her expertise in human resources, combined with her solid background in investment banking, contributes to her holistic understanding of business operations. With her unwavering dedication to her clients, her commitment to community involvement, and her well-rounded skill set, Nicole continues to thrive in the field of investment banking.

 

Andy Daly

STRATEGIC ADVISORY COMMITTEE
Employee Ownership Attorney // Saul Ewing & Arnstein

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Andy is an ESOP lawyer in Minneapolis. He regularly advises clients on ESOP feasibility, plan design and formation, purchases and sales of stock, ongoing administration and compliance, and repurchase obligation. Andy also has extensive experience with 401(k) plans and nonqualified deferred compensation. He draws on his experience as a CPA to help his clients understand the financial challenges involved in the transition to employee ownership and the ongoing administration of ESOPs.

 

Kyla Hansen

EDUCATION COMMITTEE CHAIR
Employee Ownership Specialist // JAK + Co

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Kyla Hansen is a partner and heads the Audit and Assurance services department at John A. Knutson & Co., PLLP (JAK). She helps her clients navigate their financial statements by providing audit, review, and compilation services and assisting with GAAP compliance and implementation. In addition to being a CPA, Kyla is also a Certified Valuation Analyst (CVA). She uses her experience with value calculations and ESOP’s to help guide her clients through ownership transitions and tax related matters, using the additional expertise of the tax partners at the firm when needed. Kyla prides herself in being a trusted advisor for her clients.

 
 

WAYS TO GET INVOLVED

 

 
 

With your tax-deductible contribution, we can continue our mission to canvas the entire state and spread the word about the power of employee ownership.

Start learning more about employee ownership and browse our helpful resources!

Not sure where to start? Schedule a call with our Executive Director, Kirsten Kennedy, to receive guidance about how MNCEO can best support you.

Subscribe to the MNCEO newsletter to receive updates, helpful articles, and stay in the know about upcoming events, webinars, and new resources.

 
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OUR GENEROUS BENEFACTORS


MNCEO is grateful for this financial support.

 

OUR FOUNDING SPONSORS INCLUDE


Click on the logos below to redirect to their websites.

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