The move to an ESOP will not change the management structure of The Motz Corporation. Joe Motz will continue to fulfill his current role as Chief Executive Officer.

CHICAGO, Sept. 5, 2023 /PRNewswire/ -- Stout, a global investment bank and advisory firm, has advised BDO USA (BDO) on the establishment of an employee stock ownership plan (ESOP). Stout served as ...

The ESOP and related transactions are expected to become effective August 31, 2023. In conjunction with the effective date, BDO USA’s fiscal year end will change to December 31.