Christopher Mackin named to MaineToday Media, Inc. Board of Directors
On August 11, 2009 the membership of the Portland, Maine Newspaper Guild unanimously elected Christopher Mackin to serve as one of the two Newspaper Guild-CWA representatives on the Board of Directors of MaineToday Media, a newly created corporation that purchased the Portland Press Herald, the Waterville Sentinel and the Kennebec Journal from the Blethen Companies of Seattle, WA in June of 2009. Mackin served as a key strategic advisor to the Newspaper Guild in the sale process which resulted in a 15% equity stake for employees of the newly created corporation. For further information, see http://pressherald.mainetoday.com/story.
Mackin to speak at ESOP Association conference November, 2009
On November 12, Christopher Mackin will moderate and speak at a seminar of the ESOP Association of America?s annual Las Vegas conference. The topic of his speech will be ?Boards of Directors: Composition and Roles.? For further information, see www.esopassociation.org.
OA helps to launch American Working Capital
In the fall of 2009, Ownership Associates President Christopher Mackin began a new relationship as a Special Advisor to American Working Capital operating out of New York City and Chicago. American Working Capital serves as a merchant bank focused on providing capital to firms making use of Employee Stock Ownership Plans. For further information, see www.awcfund.com.
OA President Christopher Mackin to Speak at National ESOP Association Conference - May, 2009
On Wednesday, May 6, 2009, OA President Christopher Mackin will chair a session of the ESOP Association of America annual conference in Washington, D.C. The title of his session is Unpacking Employee Participation: What Does it Mean?
OA conducts ESOP training at Rex-Cut Products, Fall River, MA
In February, 2009, OA helped to introduce the workforce of specialty manufacturer, Rex-Cut Products of Fall River to the facts and figures behind their Employee Stock Ownership Plan or ESOP. In December, 2008, Rex-Cut converted to 100% employee ownership.
Christopher Mackin celebrates 15 years at the Harvard Trade Union Program
In January, 2009, OA President Christopher Mackin began his 15th year of teaching at the Harvard Trade Union Program, a six week mid-career training program for union leaders held on the Harvard campus. Since 1994, Chris has lead a course within the Trade Union Program called Capital Strategies for Labor, an overview of trends relating to pension funds and the strategic use of employee ownership by labor.
OA manages Massachusetts State Center for Employee Ownership
In October, 2007, Ownership Associates renewed its contract with the Commonwealth Corporation of Boston, MA, to manage the Massachusetts Office for Employee Involvement and Ownership (MASSEIO). MASSEIO is one of three state-sponsored technical assistance programs across the United States (Ohio and Vermont are the others) that promote employee ownership. For information about MASSEIO see www.masseio.org.
Due to the fiscal crisis confronting state government, the Commonwealth Corporation suspended the operation of the Massachusetts Office for Employee Involvement and Ownership (MASSEIO) effective October 1, 2008 until further notice. Information on employee ownership for Massachusetts employers and employees remains available at www.masseio.org.
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New Publication
Ownership Associates has released a new Briefing Paper. Briefing Paper 9: Public Perception of Employee Ownership draws on several public opinion polls to outline the public's perception of employee ownership, employee owners, and employee-owned companies. Buy now!
