- The document is about the 13th Annual Multi-State ESOP Conference presented by Dave Griffith, President and CEO of Modern Group Ltd. - Modern Group Ltd is a 100% ESOP holding company with interests in material handling, construction, industrial distribution, and power generation. It has over 600 employees across 22 locations. - Modern Group established its ESOP in 1984 and became 100% ESOP owned in 2003. It has seen strong financial performance under employee ownership with average stock increases of 10.2% and paying off all ESOP debt. Over half of Modern Group's earnings flow to employees each year.