Case Study

Growing the ESOP

Growing the ESOP

Growing the ESOP With a mission to help people around the world live healthier, more productive and more independent lives, Chemonics designs and implements development projects that promote economic growth and higher living standards in many of the world’s developing countries. The work is challenging and requires a team of dedicated professionals who share a commitment to create substantial and lasting impacts. To both encourage and reward the hard work and dedication required to fulfill its mission, Chemonics compensates its professionals with company stock through its Employee Stock Option Plan (ESOP). Until recently, Chemonics' ESOP owned approximately 10 percent of the company's stock, with the remaining stock being owned by non-employee shareholders as well as key executive employee

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