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CBS 60 Minutes - Private equity s unlikely champion for giving workers a leg up with employee ownership 60-minutes

CBS 60 Minutes - Private equity s unlikely champion for giving workers a leg up with employee ownership 60-minutes
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United statesJon wertheimBrad edwardsOverhead doors

Work to own on a St Louis factory floor

Private equity's foray into employee ownership may give St. Louis factory workers a chance to help grow their company and share in the profits.

United statesJon wertheimPete stavrosElizabeth germinoDebi brumitJoseph blasiInstitute for the study of employee ownershipProfit sharing at rutgers universityPotter global technologiesGlobal private equityEmployee ownershipProfit sharingRutgers university

Is employee ownership the key to building workers wealth?

KKR, one of the world's biggest private equity firms, has implemented employee ownership at dozens of companies, giving workers a stake in the businesses.

United statesNew yorkBrad edwardsBrad edwardJon wertheimPete stavrosDebi brumitPotter global technologiesOverhead doorsOwnership works

Private equity s unlikely champion for giving workers a leg up with employee ownership

Private equity executive Pete Stavros has emerged as an unlikely employee ownership advocate. He says giving the rank and file a stake in their companies is good for workers, and good for business.

United statesNew yorkJon wertheimPete stavrosDebi brumitNorman rockwellBrad edwardsDonna hensonMike irbyCraig leppertOverhead doorsPotter global technologiesGlobal technologiesGina grant

St Louis factory worker gets a stake in her company

Debi Brumit works nights at Potter Global Technologies, a manufacturer in St. Louis, where all the employees have just become part-owners. She talks to Jon Wertheim about what that could mean for her future. Source

Jon wertheimDebi brumitPotter global technologies

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