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Podcast: The Money with Katie Show
Episode: The $175K Factory Worker: What Happens When Employees Own Stock
Description: Given private equity’s reach (1 in 25 work for a business owned by a PE firm), the industry has the power to shape work culture at scale, for better or for worse. And ironically, that’s exactly why Pete Stavros, co-head of global private equity for KKR, thinks he’s in a unique position to bring employee ownership to the mainstream.
Pete’s goal? To dramatically expand the number of Employee Stock Ownership Plans (ESOPs) that grant ownership shares to workers: “Imagine how different our economy and our country would be if workers owned a slice of every company in...