Delaware Governor Pierre (Pete) duPont IV signs into law a bill making broadened capital ownership and employee stock ownership plans (ESOPs) official policy to be encouraged by all agencies of the State of Delaware. (Legislative Hall, Dover, Delaware, June 22, 1981.)
Standing behind Gov. duPont from left to right: Gayle R. Rogers, Business Ombudsman, Delaware Department of Community Affairs and Economic Development; Corey Rosen, National Center for Employee Ownership; Mrs. Bobbe Free; Rep. Jane Maroney, co-sponsor of HB 31; Norman G. Kurland; Luis L. Granados III, ESOP Association of America and co-author of ESOP Report by Norman Kurland & Associates for the State of Delaware; Rep. Kevin Free, principal sponsor of HB 31 and Chairman of the Delaware House Committee on Economic Development; John McClaughry, Senior Policy Advisor for the White House; and Dr. R. Alan Stewart, D.D.S., President of the Delaware Ownership Forum.