2605 42nd St S, Fargo ND 58104

Executives’ Club Founding Member and GOLD Sponsor since September 11, 2015

work# (701) 293-6905

david@pesfargo.com

Hometown: Fargo, North Dakota

Fargo South High School

Moorhead State University

From https://www.preferenceemploymentsolutions.com/about/our-team/

Our President and CEO, David Dietz, is our fearless and humble leader. With over 24 years in the staffing industry, David has worked nearly every position in our company from reception to President/CEO. From building the very first Employee Owned staffing company to executing the company vision/culture, David always puts our team first. David is heavily involved in peer networking groups to continue to challenge the Preference status quo. His visionary mindset has continued to create new opportunities for our company and our team. What motivates David is the success stories from the people we are able to help land a successful career and learn about how we are able to genuinely impact our community. David is our culture champion and with our leadership team helps to create a supportive trusting and fun atmosphere for our team. Success for him comes from helping others and chasing his passions. David’s passions outside of work revolve around his family and nature. His wife Misty, and two kids Taylor and Christian, along with their tree farming business keep him busy!

MORE ABOUT DAVID:

What advice do you have for prospective candidates? Discover your purpose and your values.  This will bring clarity to the rest of your life.  Next, discover your strengths and passions.  These exercises will help you reach your potential in your career and personal life which will result in happiness.

What are your interests/hobbies outside of work? Planting Norway pine, white pine and jack pine trees at our timberlands.  Windsurfing.  Any snow-based recreation.  Fishing, hunting and camping.  Love wilderness explorations.

What is on your bucket list? Skydive on my 80^th birthday – among hundreds of other adventures on my dream list.

Name 3 Fun Facts Yourself or Not Many People Know: I’m allergic to poultry.  My feet are exactly one foot long.  I was a body builder for several years.

“In love with connecting people to their dream job. In particular, helping good people land a career that challenges them to reach their full potential. With 26+ years’ immersion in the workforce profession, my job is awesome because I can help people better their lives while providing customized staffing and recruiting services for companies resulting in great culture and skills matches and faster time-to-hire. Oh, let’s not forget powerful human resources services that result in happier employees and happier business owners.It is my joy and honor to lead a team of employee-owners that share stock in our growing company.

Consulting:
* Talent attraction and retention consulting that reduces employee turnover costs and lowers manager’s stress level
* Employee Value Proposition Consulting to help businesses compete for employees
* Succession planning consulting because I’ve done it
* Workforce and labor market dynamics

Passions:
* Employee-ownership business models and cultures
* Leadership
* Entrepreneurship and capitalism
* People-centric human resources
* Nature and exploring wilderness
* Land and water conservation
* Marriage

The Executives’ Club of Fargo-Moorhead hosts this discussion, led by Club Member David Dietz, CEO, Preference Employment Solutions.

David Dietz – Preference Employment Solutions Preference’s Story: • Why the decision to go ESOP. • Benefits to employees, company and customers.

Joining David will be Bob Hartman, ESOP Attorney – Partner, Lindquist & Vennum, Minneapolis • Why his clients decide to sell to an ESOP? • What’s all involved in a buy/sell transaction? • What are some differences in selling to an ESOP vs. a private buyer? Bob Hartman practices in the employee benefits area, with an emphasis on qualified and non-qualified deferred compensation and counseling clients on fiduciary matters. Bob has significant experience with the creation and operation of ESOPs, and service as special counsel to ESOP trustees with respect to fiduciary issues and merger and acquisition transactions.

Joe Skorczewski, CFA, VP, Chartwell Capital Solutions • What’s all involved with a business valuation when the owner sells to an ESOP? • How is the sale price determined? • How to determine your best ownership transfer options. • Feasibility and funding. Joe has provided valuation and consulting services to privately held companies since 2004. Much of his professional career has been dedicated to Employee Stock Ownership Plans and providing independent financial advisory services to Board of Directors and ESOP Trustees.

Jess Helvik, Trust Officer & Kevin Weise, EVP & Trust Officer – Bremer Bank • What are examples of administrative services required to operate an ESOP? • What are examples of their ESOP Trustee duties? • What are best practices for both? Additional topics • The basics of an Employee Stock Ownership Plan. • The politics of ESOPs. • Leadership in an employee-owned company. • Driving an employee-ownership culture.

And, Steve Scheel, CEO of Scheels. ESOP since 1982, with 6100 employees. The 22nd largest ESOP in America, with 26 stores in 12 states.