ARTICLE
20 August 2024
RA INFORMATION SYSTEMS ANNOUNCES TRANSITION TO EMPLOYEE OWNERSHIP TRUST
External News

Derbyshire Times

Case Study
All plan types
UK and Channel Islands

RA Information Systems has transitioned to an employee-owned business through an Employee Ownership Trust (EOT), transferring 100% of the company's shares to the trust. This move is aimed at preserving the company's independence, recognizing the contributions of its employees, and maintaining the founders' legacy and the company's culture. The founding family will remain actively involved, ensuring stability, while the new ownership structure aligns with the company's long-term vision and commitment to its employees and clients.

5.4 AI, Equity and You

AI: coming for a job near you! Or is it? In this full and frank fireside chat, GEO's Gabbi Stopp will moderate a discussion with two highly-experienced, leading lights in the global equity space, Mark Higgins of WPP and Julie Shepherd of Sage Group. Both these firms are already harnessing the transformative power of AI across their businesses, and are actively exploring AI's potential for aspects of equity compensation. Both these speakers have charted highly successful careers in global equity issuance. Join us to engage with the biggest challenge and opportunity for our industry, and come away informed, inspired and hopefully, illuminated!

KEY LEARNINGS:

  • Discover how WPP and Sage Group are integrating AI into their equity compensation strategies
  • Gain insights into the opportunities and challenges AI presents for the global equity industry
  • Learn from the experiences of leading experts in global equity issuance on harnessing AI's transformative power.
Speaker/Author

Mark Higgins, WPP
Julie Shepherd, FGE, Sage Group plc
Gabbi Stopp, FGE, GEO

Event date
Wednesday, 13 Nov 2024, 16:25 - 17:15
Topic
Breakout series
Location
Partnership 2
Field of Study
Information Technology
Level
O

1.5 BE IN: How Prysmian Embedded Employee Ownership into the DNA of their Workforce

Equity compensation has always been hardwired into the Prysmian business model and operations approach. Join this session to explore how Prysmian transformed employee ownership with their YES and BE IN Employee Share Purchase Plans (ESPP). Discover the journey from launching the BE IN plan for blue-collar workers in 2023 to expanding ownership across 30 countries.

In this case-study panel, you'll learn how Prysmian designed, implemented, and managed these plans to cater to diverse employee demographics, achieving 46% employee ownership globally. Hear about their strategic approach, including educational initiatives and overcoming cultural and language challenges.

KEY LEARNINGS:

  • Learn how Prysmian successfully segmented and managed share plans for different employee groups, increasing global ownership
  • Discover effective strategies for educating employees about share plans to ensure understanding and engagement
  • Understand how Prysmian navigated cultural and language differences to implement share plans in 30 countries.
Speaker/Author

Erina Costantini, Prysmian
Barry McKernan, JP Morgan Workplace Solutions

Event date
Wednesday, 13 Nov 2024, 11:25 - 12:15
Topic
Country
Breakout series
Location
Affiliation Hub 2
Field of Study
Specialized Knowledge
Level
B

1.3 Transforming Global Participation: Allianz's ESPP Journey

Join this session to uncover how Allianz and EY teamed up since 2018 to expand the Employee Share Purchase Plan (ESPP) globally, now reaching 43 countries from an initial 30, and see how employee ownership at Allianz soared from just 9% to over 70%.

You’ll learn firsthand how EY navigated tax and legal landscapes while tailoring plans to fit each country's unique needs, balancing consistency with local relevance. Discover Allianz’s approach to boosting participation rates above 29% through centralised communication and innovative initiatives like employee investors days and a customised plan administrator platform.

Plus, delve into the Free Share program integrated with the ESPP, which underscores Allianz’s commitment to sustainability and its core mission of securing the future.

KEY LEARNINGS:

  • Learn how Allianz grew their Employee Share Purchase Plan to 43 countries, boosting employee shareholder rates
  • Discover EY's approach to maintaining tax and legal compliance while tailoring plans for different countries
  • Understand how centralised communication and customer-friendly initiatives increased participation in Allianz's ESPP
Speaker/Author

Christian Ruckriegel, Allianz SE
Anete Grinfogele, Allianz SE
Gordon Rosch, EY
Gerrit Wagner, EY
 

Event date
Wednesday, 13 Nov 2024, 11:25 - 12:15
Topic
Country
Breakout series
Location
Partnership 3
Field of Study
Specialized Knowledge
Level
O
ARTICLE
4 July 2024
BANXA LAUNCHES EMPLOYEE SHARE PURCHASE PLAN AND COMPLETES SALE OF NON-CORE ASSET
External News

Financial Times

Case Study
Employee stock purchase plans (ESPP)
Canada

Banxa Holdings Inc. has launched an Employee Share Purchase Plan (ESPP), allowing employees in Australia, the US, Europe, and the UK to purchase shares and benefit from the company's growth, with the plan featuring a 40% employer match and a one-year lock-up period. CEO Holger Arians emphasized that the ESPP aims to foster an ownership mindset and align employees with Banxa’s long-term success. Additionally, Banxa completed the sale of the non-core asset Bitcoin.co.uk for EUR $266,500, contributing to the company's strategic financial management.

ARTICLE
1 February 2024
A SUCCESSFUL TRANSITION TO EMPLOYEE SHARE OWNERSHIP FOR RICHER SOUNDS
External News

RSM UK

Case Study
All plan types
UK and Channel Islands

Richer Sounds successfully transitioned to an employee share ownership trust, transferring 60% of shares from founder Julian Richer to employees in May 2019, overseen by RSM's People Advisory Services team. This transition involved corporate restructuring, maintaining business culture, and legal and tax compliance, ultimately preserving the company’s employee-focused ethos. The project, completed in 18 months, was well-received by the media, and employees received celebratory bonuses from Julian Richer, enhancing recruitment, engagement, and retention.

ARTICLE
4 April 2024
ENI LAUNCHES AN EMPLOYEE STOCK OWNERSHIP PLAN
external article

ENI

Case Study
All plan types

Eni's Board of Directors has proposed an Employee Stock Ownership Plan (2024-2026) to be approved at the Shareholders' Meeting on 15 May 2024. The Plan, starting in Italy and gradually expanding to foreign subsidiaries, aims to enhance employee engagement and align with shareholder interests through annual grants of free shares and a co-investment model. This initiative is part of Eni's broader strategy to support its employees and underscores the company's commitment to valuing human capital amid economic challenges.

ARTICLE
25 April 2024
THOUSANDS OF SILICON VALLEY BANK STAFFERS TO RECEIVE $25 MILLION IN PAYROLL STUCK IN STOCK PURCHASE PLAN
External News

NBC News

Case Study
Stock options
USA

 

Approximately 4,000 Silicon Valley Bank employees are poised to receive $25 million from a previously inaccessible employee stock purchase program, according to the Federal Deposit Insurance Corp. The FDIC confirmed that the remittance would occur shortly, alleviating a month and a half of uncertainty since the bank's closure. The funds, which were held by the bank before its collapse, won't draw from the government's deposit insurance fund and were originally part of an employee stock purchase plan allowing contributions of up to $25,000.

5.3 LOCAL VS GLOBAL: EMPOWERING EMPLOYEES WITH GLOBAL CONTRIBUTORY PLANS

Join our expert panel for an insightful session as we tackle the perennial question surrounding all-employee plans: should you prioritize locally approved plans or opt for a one-size-fits-all approach? We will draw lessons from Siemens Energy's experience in launching a new all-employee plan, delving into their decision-making process and rationale.

Don't miss this session, which promises to provide valuable insights into the strategic considerations behind all-employee plans and practical lessons learned from Siemens Energy's experience.

KEY LEARNING POINTS

  • Strategic decision-making: Gain insights into Siemens Energy's decision-making process, understanding why they chose to launch a new all-employee plan and the strategic considerations that guided their choice.
  • Navigating challenges: Explore the challenges Siemens Energy encountered along the way and how they effectively addressed them. Discover the practical insights that emerged from overcoming hurdles.
  • Objectives and outcomes: Dive into the objectives that drove Siemens Energy to launch the scheme and the ultimate results they achieved. Understand the tangible benefits and outcomes of their approach.

 

CPE CREDIT HOURS: 1.0*

Field of study: Specialized Knowledge
Levels: O
Delivery method: Group live
Advanced preparation: None

CEP Continuing Education (CE) credit: 1.0 credits

Please visit our Continuing Education and Event Policies pages for more information.


 

Speaker/Author

Elliot Alexander, Computershare
Christian Hyldig, AON
Sebastian Wetzel, Siemens Energy
 

Event date
Thursday, 16 Nov 2023, 14:10 - 15:10
Topic
Country
Breakout series

GOING IPO: THE WORK CONTINUES

Public event readiness focuses on the actions leading up to the ‘Big Day’. But what happens after that day comes and goes?

This session provides advice on how to avoid an IPO hangover. The panel of experts will cover the items that tend to get lost in the shuffle or deferred in the frantic run up to the public event.

Attendees will learn:

  • The key milestones and steps you can take now to guarantee a pain free transaction
  • Which administrative tasks, controls and communications are essential to succeed
  • How to identify the key stakeholders and how best to communicate with them
Speaker/Author

SPEAKERS: Ramon Dominguez, Lucid Motors, Chris Dohrmann, Global Shares - a J.P. Morgan company

Event date
Thursday, 8 Jun 2023, 16:00 - 16:50
Topic
Country
Breakout series