How Board Members Should Approach ESOP Valuations: Reading Between the Lines
The required annual ESOP business valuation is one of the key differences in sitting on an ESOP Company Board. Engage in a rich, interactive conversation of the issues surrounding the annual valuation of the ESOP’s stock and the Company. These can include: why these valuations are required; the implications for the duties of the Board; what is the Board’s role in the process itself; how to read the report in order to fulfill your responsibilities; and other issues that arise.