February 10, 2023 (Napa, CA) – Hawkins Parnell & Young partner Teresa Huang has taken a position with The ESOP Association's Advisory Committee on Fiduciary Issues. The committee serves as a resource for ESOP fiduciaries and gives guidance on legal, financial, and ethical obligations related to the operation and administration of employee stock ownership plans.

"Teresa has been a cornerstone of our team for many years and her position on The ESOP Association's Advisory Committee on Fiduciary Issues is a testament to her expertise and dedication to employee stock ownership plans," said David Johanson, chair of Hawkins Parnell's Employee Benefits & ERISA group and partner-in-charge of the Napa office. "Her extensive experience advising clients will be invaluable to the committee and its mission to help ESOP fiduciaries fulfill their obligations."

Huang has extensive experience in mergers and acquisitions, executive compensation, and employee benefits, including ESOPs and 401(k) plans. She advises clients on corporate, tax, and ERISA fiduciary issues related to ESOPs, other employee benefit plans, and transactions involving such plans. She represents the plan sponsors of executive compensation and employee benefit plans in a variety of matters.

The ESOP Association promotes employee ownership with an emphasis on ESOPs. The association represents over 1,000 companies and over 10 million employee-owners in the United States. The organization provides a range of services to its members, including educational resources, advocacy on public policy issues, and a forum for exchanging information and ideas among ESOP companies.