Tag Archive for: ESOP

Torch Co-founder Bill Roark Speaks at U.S Senate Committee Hearing: Shares Support for Employee Stock Ownership Legislation

On Thursday, July 24, Bill Roark, a Huntsville resident and co-founder of Torch Technologies, appeared before the Senate Health, Education, Labor, and Pensions (HELP) Committee in Washington, D.C. Roark spoke to the committee to share his support for the Promotion and Expansion of Private Employee Ownership Act.  The hearing coincided with the introduction of the bipartisan […]

Huntsville company named in top 100 employee owned businesses for 2023

HUNTSVILLE, AL – Employee stock ownership plan (ESOP) companies have become popular throughout the United States with around 6,467 in total as of the end of 2023. This number also represents more than $1.6T in overall assets across the nation. Here in Huntsville, one such company has been growing its employee access to part ownership […]