The Ownership Effect

Why does the economy look healthy on paper while so many people feel like it isn't working for them? Economist, author, and financial educator Kyla Scanlon joins Jim Bonham for the Season Two premiere of The Ownership Effect to unpack the “vibecession”, the disconnect between economic data and how people actually experience the economy.
Jim and Kyla explore what younger workers want from their employers, why so many people feel disconnected from the economy, and how employee ownership could give more Americans a tangible stake in the companies they work for. 

Welcome to the season finale of The Ownership Effect! In this episode, Jim Bonham is joined by previous guests Gary Shorman of Eagle Communications and Jason Wellman of ESOP Partners to help answer audience questions from Season One. The conversation ranges from the business succession crisis in the U.S and how ESOPs can provide a solution, legislation and regulation that could impact ESOPs, and private equity’s interest in ESOPs.

In this episode of The Ownership Effect, we hear two deeply personal stories that show what employee ownership truly means at the individual level.
Amy Huot of Proponent and Christy Magee of DVL Group share how working at employee-owned companies transformed their financial security, career paths, and family futures. From rebuilding retirement savings after a major health crisis to realizing, for the first time, that retirement was actually possible, their stories highlight the human perspective of the promise of ESOPs.
Their experiences also reveal how employee ownership shapes company culture: greater trust and transparency, stronger retention, and a shared commitment to long-term success. This conversation is a powerful reminder that ESOPs aren’t just a business structure—they’re a life-changing force for employees and their families.
 

What happens when a company does everything right—and still ends up under federal investigation?
On this episode of The Ownership Effect, Jim Bonham speaks with Brian Bowers, CEO of Bowers + Kubota, about one of the most consequential ESOP cases in recent history. After becoming an ESOP, Bowers + Kubota became the target of a Department of Labor investigation that stretched on for years.
Brian discusses why the company chose employee ownership, why they refused to settle, and what it took to defend their ESOP. The result: a decisive victory that exposed serious flaws in how ESOP transactions were being scrutinized—and helped catalyze bipartisan legislation that could reshape the regulatory environment for employee ownership.
This is a story about conviction and resolve, and a must-listen for founders, policymakers, and anyone interested in the future of employee ownership.
 

Jim Bonham continues his conversation with retirement policy expert Kendra Isaacson, examining why retirement security has become a top bipartisan priority in Congress and how ESOPs can play a critical role for both younger workers and retiring business owners. They discuss recent legislative developments, the long-awaited need for clear guidance on adequate consideration, and how smart policy can strengthen ESOP formation, protect fiduciaries, and expand employee ownership at a pivotal moment for the U.S. workforce.
 

Retirement policy expert Kendra Isaacson joins Jim Bonham for Part One of a two-part conversation exploring why employee stock ownership plans enjoy rare bipartisan support on Capitol Hill. Drawing on her experience at the Department of Labor and on the Senate HELP Committee, Isaacson explains how ESOPs fit within America’s retirement system—and why lawmakers on both the left and the right view employee ownership as a public good that strengthens workers, businesses, and local economies.

Dr. John Hoffmire joins the podcast for a sweeping, candid look at the history of ESOPs: How they began as bold experiments, to the lessons learned along the way, and what can be done next to create millions more employee owners.

What turns an ESOP into a true ownership community? Culture—and the communication that powers it. Jim Bonham sits down with Lindsay Shafer and Jason Wellman to break down the habits and everyday practices that create engaged employee owners and high-performing ESOPs.

In Part Two of The Ownership Effect premiere, Jim Bonham sits down with Drew Tavss, CEO of Mid South Building Supply, for a deep dive into the company’s ESOP journey. What factors went into Mid South Building Supply’s decision, what led them to their Miracle Moment, and how did the ESOP transition affect the company and employees?  Listen to the latest episode and find out!

In the premiere episode of The Ownership Effect, Jim Bonham speaks with Gary Shorman, Chairman of Eagle Communications. Jim and Gary discuss Eagle’s ESOP journey, and what employee ownership has meant for the company, the employees, and the communities it serves.