The Skillman Corp. transitions to ESOP
Indianapolis-based Skillman Corp. transitions to Employee Stock Ownership Plan for its 100-plus workers.
Indianapolis-based Skillman Corp. transitions to Employee Stock Ownership Plan for its 100-plus workers.
Executives say moving to ESOP can ensure preservation of company legacy, culture, but employees need to understand the complexities of the transition.
Northwest Indiana experts say a succession plan is essential when they need to replace top-level leaders who are retiring or moving on to other challenges.