Tim Cleary

Serve as an instructor for Corporate Governance for ESOP Companies Course offered by the Beyster Institute to educate board members and key executives on the unique governance aspects of ESOP companies.

Created the ESOP sustainability practice to help mature ESOP-owned companies establish financial disciplines to assure long-term success.

Led ownership advisory services advising both privately-held and ESOP-owned businesses evaluate, design and implement ownership transition programs.

Led national consulting practice responsible for technical advice to all retirement plan clients and recordkeeping practices. Practice consisted of over 50 employees.

Responsible for building and managing nations leading ESOP consulting practice responsible for selling both consulting services and ESOP recordkeeping services.

Led team that developed My PERLS the first online tool to project repurchase liability for ESOP recordkeeping clients. Responsible for creating the first ESOP sustainability analyses.

Created and led the National ESOP Consulting Practice helping clients evaluate, structure ESOP transactions and conversion to S corporations.

Prior to 1987 ESOP companies couldn't be an S corporation. I and EY's S corporation experts met with House Ways and Means Committee and staff to develop 409(p) regulations to allow for promotion of S corporation ESOP companies yet prevent abusive tactics.

Designed many of the most creative transactions for largest ESOP companies to convert to 100% ESOP owned S corporations including the first transaction for a public company to go private using an ESOP.

Corporate and ESOP tax attorney.