Who Runs a Company Owned by an Employee Stock Ownership Plan (ESOP)?
We’re on a mission to turn the state of Minnesota into a place where every working person can also be an employee owner.
Corporate Governance is the process of allocating authority and responsibility among the company’s shareholders, board of directors and management.
Many privately owned companies have one shareholder who typically wears many hats — shareholder, director (usually the only one) and the CEO. There really is no question who runs these companies.
