Project Equity’s Post

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I am so proud of Hilary Abell, my co-founder at Project Equity, for becoming the Chief of Division of Employee Ownership at the Department of Labor. This is a new position in a first-ever division of employee ownership at the DOL that was created by the WORK Act. I can't think of a better person to be in this leadership position within the federal government! According to the DOL: https://lnkd.in/gQwhUgCe The division will support the creation and expansion of worker-owned businesses by: - Supporting existing programs designed to promote employee ownership and facilitating the formation of new programs. - Developing a clearinghouse of techniques applied by new and existing state programs and sharing information about these techniques with states. - Providing education, outreach, and training to inform employees and employers about the possibilities and benefits of worker ownership and business ownership succession planning. - Providing technical assistance for employee’s efforts to become business owners and helping employers and employees explore the feasibility of transferring full or partial ownership to employees. So thrilled that this effort has Hilary's leadership!!!

Department of Labor launches initiative to promote worker-owned businesses, increase workplace democracy, improve bottom line for many Americans

Department of Labor launches initiative to promote worker-owned businesses, increase workplace democracy, improve bottom line for many Americans

dol.gov

Heather McCulloch

Entrepreneur-In-Residence at The Aspen Institute Financial Security Program

1w

I am so excited about all of this - the creation of the first ever division of employee ownership, the fact that the amazing Hilary Abell will be leading it, and the fact that we will all be supporting her and working with her to radically expand opportunities for worker ownership. Amazing🌈❤️💕.

Franzi Charen

I use photography, video and data visualizations to tell the story of workers who become owners and founders who have the vision to transition their companies to employee ownership.

1w

A critical and key appointment! So excited for Hilary and thankful for both of your leadership in continuing to move EO forward.

John Abrams

South Mountain Company Co-Founder | Abrams+Angell Co-Founder | Author | Succession Planning Consultant | Workplace Democracy Advocate

1w

Great news Hilary, they're so lucky to have you.

Emily Bergstrom

Remaking capitalism - expanding employee ownership

1w

So excited to see this division created and I can’t think of anyone better to lead it!

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Jennifer Briggs

Relentlessly pursuing the intersection of economic prosperity and community vitality. And livin' it in the craft beer industry finding the connections between society and products.

3d

Congratulations, Hilary Abell - so much great work has been done, and so much more to do. Cheers.

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This helps to restore my faith in government. What a great pick!

Travis Buell

VP, Wealth Management Finance

1w

So exciting to see this! Best of luck continuing to expand the role of employee ownership in our economy!

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Shavon Prophet, MBA, CEPA

Founder & Principal, BroadLeaf Advisors | Growth & Exit Planning | Employee Ownership Advocate | MassCEO Advisory Board | Cooperatives & Social Impact

1w

Wow this is incredible news! Congratulations Hilary, we all are confident in your abilities to lead this work on the federal level!

Dani Glazer Signaigo

Legal Advisor to Startups | Corporate Associate @ Wilson Sonsini

2d

Hilary Abell this is so great to hear! Congratulations, and looking forward to seeing your even greater impact on worker ownership in the US!!

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Patty Viafara, MBA

Employee Ownership | Small Business | Future of Work

1w

This is AMAZING news! Congratulations Hilary!!!

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