Co-head of KKR's global private equity, Pete Stavros, launches "Expanding ESOPs" initiative, backed by 50+ orgs, to promote employee stock ownership plans (ESOPs)

Pete Stavros, co-head of global private equity at KKR, has initiated "Expanding ESOPs," a movement to promote employee stock ownership plans (ESOPs) to enhance employee engagement and address wealth inequality. Supported by over 50 organizations, the initiative aims to simplify ESOP accessibility for businesses of all sizes, particularly in the senior living sector, to boost retention and morale among frontline workers while offering tax incentives for participation.

September 24, 2024
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