Robert D. Grossman is a shareholder in the Corporate and Transactional Practice Group and leads the firm’s National ESOP Practice. Bob has extensive experience with a variety of corporate matters and brings a broad, seasoned perspective to clients’ business challenges and the development of business strategies.
Mr. Grossman is a nationally-recognized ESOP authority, known for his clear communication style while providing sophisticated, but practical, advice to shareholders, boards, management teams and fiduciaries of employee-owned companies, including some of the largest and most successful in the country.
Bob’s practice involves the design, drafting and operation of ESOPs as well as other types of qualified retirement plans, executive compensation programs and equity and non-equity based management incentive plans. He is regularly involved in the design, structure, negotiation and documentation of complex ESOP transactions involving senior credit facilities, seller financing through subordinated notes, stock redemption agreements, stock purchase agreements and ESOP exempt loan documents. Mr. Grossman also has significant experience advising companies on matters involving corporate governance and fiduciary responsibilities and has successfully represented ESOP companies and fiduciaries in connection with proceedings involving the U.S. Department of Labor and the Internal Revenue Service.
Bob has advised public as well as private companies, including large professional service organizations, in a wide variety of industries, including advertising, animal health, architecture, automotive, banking, chemicals, commodities trading, construction, consulting, craft breweries, design, energy, engineering, financial services, health care, insurance, iron and steel distribution, manufacturing, marketing, pharmaceuticals, printing, professional and other services, public relations, retail, security, software development, telecommunications and travel.