This book is largely written in a Frequently Asked Question and Answer format augmented by the historical context for Employee Stock Ownership Plan law, basic corporate finance mathematics used in ESOPs and also has a section of “plays” i.e. common business scenarios with text and illustrations showing how the ESOP structure can elegantly address the desired outcome of these various problems requiring a solution other than selling the company to outside buyers.

This book is largely written in a Frequently Asked Question and Answer format augmented by the historical context for Employee Stock Ownership Plan law, basic corporate finance mathematics used in ESOPs and also has a section of “plays” i.e. common business scenarios with text and illustrations showing how the ESOP structure can elegantly address the desired outcome of these various problems requiring a solution other than selling the company to outside buyers.

Brandt Brereton began his investment banking career in 1987 and is a partner in the investment bank of Brereton, Hanley & Co., Inc headquartered, where he lives, in Silicon Valley. His wife and he have three sons in college and he enjoys sailing, fishing and hunting in his spare time. He was graduated from San Jose State University earning a BBA in Finance and has studied at Harvard Business School’s Executive Education Program.