Pete is vice president - consulting with The Principal®. He has over 34 years of dedicated ESOP experience. He started with BCI Group (which The Principal® acquired in 2003) in 1980. He works closely with the largest employee stock ownership plan (ESOP) clients at The Principal®. His areas of expertise include ESOP feasibility, design, transaction structure and administration. Pete also consults on plan terminations, plan compliance issues, acquisitions, mergers, and spin-offs. He is a frequent speaker on employee benefit and ESOP related topics. In addition, he has authored and co-authored numerous published articles on ESOPs.
Pete is a member of The ESOP Association, the Wisconsin and the New South Chapter of The ESOP Association, The National Center for Employee Ownership (NCEO), The National Association of Stock Plan Professionals, and The Employee Owned S-Corporation of America. Pete currently serves as a member of the Administration Advisory Committee of The ESOP Association and the interdisciplinary Advisory Committee on Fiduciary Issues. In addition, Pete serves on the Advisory Committee for the Employee-Owned S-Corporations of America (ESCA).