Program produced by XPX Long Island

The exit environment has changed considerably in a very short period of time.

How will the business “pause” impact valuations and activity?

What actions should owners and advisors take now?

Hear from experienced advisors as they share their best advice for navigating these uncertain waters (and see content they've shared on our Covid Resources page).

Meet our Panel:

• Cristina Givelechian, Sr. Relationship Manager - City National Bank
• Dennis O’Rourke, Partner - Moritt Hock & Hamroff LLP
• Terry Hannafin, Managing Director - Carter Morse & Goodrich

Moderator:

• Diane Johnston, Financial Advisor - Bernstein Private Wealth Management

Here John Dini, Founder of XPX San Antonio talk about implications of the covid crisis on earnings analysis for private companies.  Also check out John's EBITDAC post. 

Video produced by XPX New England

Learn how to leverage your leadership to keep your employee and client engagement; and strengthen your company and your team, better preparing them for growth or transitions of any kind.

We're fortunate to have Larry O'Toole as a guest to share his experience transitioning his business and leadership thsi month, in the middle of the current crisis.

The goals for this session are to:

• Understand the Unique Leadership Communication Challenges and Opportunities during the Pandemic
• Understand the Unique Call for Leadership Through the Pandemic
• Learn how to leverage Company Values; Mission and Culture during the Pandemic
• Learn the Power of Resiliency through an ownership transition during the Pandemic Larry O’Toole; Founder Gentle Giant)

Panelist: Larry O'Toole, Founder, Gentle Giant Moving Company

Presenter: Bonni Carson DiMatteo, MS, Co-founder ,Atlantic Consultants

Moderator: Jerry DiMatteo, LICSW, MS, Co-Founder Atlantic Consultants

Atlantic Consultants has worked with family-owned businesses, entrepreneurs, Fortune 500 executives, and mid-sized businesses for over 35 years. They specializes in helping leaders and companies navigate each stage of the entrepreneurial life cycle through leadership coaching and training; organizational development, strategic, succession and exit planning.

Brought to you by XPX Maryland

In this meeting, XPX Maryland hosted a dicsussion on the next wave of questions/issues (i.e., after initial employment decisions have been made and stimulus loans/grants have been applied for – what’s next? Or, if things start to look better (let’s hope!), we will pivot and focus on tips for re-opening/ramping up).

Our Panel:

Daniel Bottner, CPA- KatzAbosch

Laena Capps, Executive Director - Capital Services

Moderated by David Kuzma, Financial Advisor, Retirement Plan Specialist, Corporate Retirement Services - Mclean Wealth Partner

Brought to you by XPX New York Metro Chapter

An ESOP can provide significant benefits to shareholders, management and employees of a privately- owned businesses by creating wealth, stimulating employee engagement, increasing business liquidity, protecting income and assets, diversifying ownership and increasing overall corporate stability.

You'll learn in the video below (slides here):

• Insights on when businesses should consider an ESOP
• How ESOPS can maximize economic and tax benefits compared to alternative options
• The implementation of an ESOP
• Valuation methods, repurchase liabilities and key players involved in ESOP transactions

Our Speakers:

John N. Vitucci, Principal & ESOP Practice Leader - PKF O’Connor Davies

John N. Vitucci has more than 30 years of experience working with Fortune 500 corporations & private business in all areas of employee benefits, executive compensation and ERISA. John is currently an Adjunct Professor at Columbia University where he teaches Pensions & ERISA and Oral Communications for Actuaries in the Actuarial Master’s Program. He is also an Adjunct Professor at Baruch College where he teaches Deferred Compensation in the Master of Science in Taxation Program.

Harvey Katz, Partner, Co-Chair Employee Benefits & Compensation Department - Fox Rothschild LLP

Harvey Katz represents clients in all aspects of pension, executive compensation and employee benefits law. He frequently represents employers, trustees and lenders in connection with employee stock ownership plans (ESOPs) on compliance, fiduciary and transaction matters as well as the use of ESOPs in connection with business acquisitions.

XPX Maryland Member Eric Steiner, Steiner Law Group, on the basics of bankruptcy:

XPX Maryland Member Dina Wasmer of Incite Creative on crisis communications:

XPX Tri-State Member Ron Reuter, CTP/CVA on turnaround management basics with some examples from his practice.

The Tax Warriors at Drucker & Scaccetti love tax season; it makes us #HAPPY! Don't believe us? Take a look. Special thanks to the great editing and production skills of Sam Rossman.

Brought to you by XPX Fairfield County

The exit environment has changed considerably in a very short period of time.

How will the business “pause” impact valuations and activity?

What actions should owners and advisors take now?

Hear from four experienced advisors as they share their best advice for navigating these uncertain waters:

• Michael Clear, Trust & Estate Attorney - Principal at Wiggin and Dana
• Ramsey Goodrich, Investment Banker - Managing Partner at Carter Morse & Goodrich
• Brad Hardy, Commercial Banker - Senior Vice President Enterprise Banker Connecticut and Western Massachusetts Market at KeyBank
• Gail Harris, CFP®, CIMA® Wealth Advisor - Wealthspire Advisors