CLEVELAND, OH, March 22, 2019 – Avery M. Chenin of SES ESOP Strategies spoke at The ESOP Association’s Ohio/Kentucky Chapter Annual Spring Conference on March 21, 2019, in Powell, OH.
Mr. Chenin co-presented “Communicating Distribution Rules and Diversification to Employees.” The presenters discussed the corporate culture impact and importance of communicating ESOP distribution and diversification rules to ESOP participants. The session also provided attendees with “rules of the road” for ESOP distributions and diversification as well as communicating and interacting with ESOP participants regarding these rules.
For more than 25 years, Mr. Chenin has counseled businesses and their owners on how to incorporate employee ownership into their business succession plans. He represents closely held businesses and their selling shareholders, ESOP sponsors and ESOP fiduciaries in transactions involving employer securities.
Mr. Chenin works with companies and their owners in the planning, development, implementation and ongoing maintenance of ESOPs. He also helps clients with IRS and Department of Labor examinations and audits, and in the resolution of plan defects, including the submission of plan corrections under both the IRS and Department of Labor correction programs.
In addition, Mr. Chenin assists companies with executive compensation, welfare plan and employee benefit plan issues that are a part of these and other transactions.
He holds a J.D. and a B.S. in Accounting from Case Western Reserve University.
Avery M. Chenin