succession planning

Employee Stock Ownership Plan (ESOP)
Jul 6, 2026

Rutgers joins tri-state partnership to expand ESOPs

Rutgers launched a partnership to expand employee ownership across New Jersey, New York and Pennsylvania through ESOP education.

Departing employee
May 4, 2026

How to manage executive transitions with crisis communications

Experts share tips on executive transitions, crisis communications and succession planning to maintain trust and stability during leadership changes.

Teamwork
Apr 24, 2026

Rutgers launches employee ownership research lab

Rutgers University launched the Employee Ownership Applied Research hub to help small businesses transition ownership to workers amid a growing succession crisis.

New York Giants
Mar 12, 2026

Tisch family seeks to transfer Giants stake to children’s trusts

The Tisch family seeks NFL approval to transfer its remaining 23.1% ownership stake in the New York Giants into family trusts.

New Jersey Food Council board Chairman Andrew Kent, of Glass Gardens ShopRite, presents NJFC President Linda Doherty with a $5,000 check for the inaugural NJFC President’s Scholarship.
Feb 19, 2026

Doherty to step down as New Jersey Food Council CEO

After more than two decades leading the organization, Linda Doherty will retire in January 2027. A search for her successor is now underway.

Vision Media Marketing announced Feb. 6, 2026, that founder and President Paul Swibinski (left) will retire and Chief Operating Officer Phil Swibinski (right) will be take the reins.
Feb 12, 2026

Vision Media founder Swibinski retires

Vision Media founder Paul Swibinski retires after 50 years, handing leadership of the Secaucus-based PR firm to son Phil Swibinski.

Remote work
Aug 4, 2025

‘Silver tsunami’ creates wave of NJ business transitions

As baby boomers retire, New Jersey will see a surge in company transitions. Learn key strategies for buying, inheriting or upgrading legacy firms.

Family business planning
Jul 21, 2025

Experts share tips to grow – and possibly sell – family businesses

An NJBIZ panel explores how these companies can plan for succession, access capital and navigate new tax laws under the One Big Beautiful Act.

NJBIZ Family Business Panel Discussion
Jul 17, 2025

NJBIZ panel covers planning, succession for family firms

Our latest virtual discussion engaged financial experts – and a business owner with experience in the space – to explore tax reform, M&A, legacy strategies and more.

Succession
Jul 14, 2025

Experts offer succession planning strategies amid NJ’s ‘silver tsunami’

This year, "a significant wave of New Jersey’s baby boomer business owners will reach retirement age." Here's how to safeguard legacies and wealth while accommodating the unique needs of your family and enterprises.

Employee Stock Ownership Plan (ESOP) written on a sticky note surrounded by other notes with financial symbols and imagery. PHOTO DEPOSIT PHOTOS
May 12, 2025

OPINION: How employee ownership built my retirement — and why NJ needs more of it

Marlton resident Dick Scaffa retired from National Van Lines in 2023 after 25 years as director of sales. According to him, the company adopting an employee stock ownership plan or ESOP offered benefits before and after he finished working, including financial security, increases in productivity and more.

Stocks
May 5, 2025

Applications open for NJ ESOP assistance program

New Jersey business owners can now apply for assistance to explore Employee Stock Ownership Plans, with up to $35,000 in feasibility support available through the NJEDA.