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ESOP Association seeks more clout through total overhaul

Group representing employee stock ownership plans added staff and moved into new offices in a bid to modernize, boost advocacy 


June 11, 2021
By Walt Williams

The ESOP Association believes employee stock ownership plans have a bright future, so the group is reinventing itself to make sure it’s in the best position to get that message out.

TEA recently announced a multi-year plan to beef up its government relations and public awareness efforts. The association has hired new staff, promoted longtime employees, moved into new offices in Washington, D.C., built a new professional video and audio studio, and launched new grassroots and grasstops programs. 

CEO James Bonham was hired in 2019 to bring the four-decade-old TEA into the 21st century. His first challenge: dealing with an aging headquarters in downtown Washington.