Ben Mast, CFO & Treasurer, Birkey's Farm Store
Birkey’s Farm Store (Dealership of the Year Alumni Group) a 19-store Case IH dealership with locations in Illinois an Indiana became 100% employee-owned in 2022. During this open-book session at the 2024 Dealership Minds Summit, Birkey’s CFO and Treasurer Ben Mast details the ins and outs of why and how the dealership group made the switch from private ownership to an employee stock ownership plan (ESOP).
With significant experience with corporate financial administration including treasury management, financial reporting, internal controls, compliance, and business strategy, Mast was instrumental in the company’s ESOP journey.
You’ll Learn:
- How to determine if an ESOP is the right solution for your future, and the pros/cons of different levels of employee ownership.
- The necessary steps, communications and reporting requirements for a smooth transition —ahead of the desired timeline.
- What other dealers have discovered following additional M&A and how to exit an ESOP.
To register for this dealer-only event visit www.DealershipMindsSummit.com.
Click here to download the 2024 Dealership Minds Summit program.
The Dealership Minds Summit features collaborative, dealer-to-dealer learning over a 2-day, knowledge-packed agenda that is guaranteed to give you authoritative strategies from the most progressive minds at farm equipment dealers. Join the top farm equipment dealerships from around North America on August 6-7, 2024 in Madison, Wis., for two days of unrivaled learning and networking. Limited seats available.
Title Sponsors for the 2024 event are AgDirect, Machinery Scope, IronSolutions by Fusable, AXON, Dealer Information Systems Corporation (DIS), TractorHouse, VitalEdge Technologies, Basic Software Systems, Associated Equipment Distributors (AED), AgGuard, Geringhoff, PTx Trimble , Agri Spray Drones, and LST Group.
