Pete Prodoehl, formerly, Vice President of ESOP Consulting at Principal, has over 42 years of experience in the retirement planning industry and focused on ESOPs the last 37 years when he retired in April of 2022.
Pete engaged with business owners and companies to define their objectives and design, implement and communicate ESOPs. His areas of technical expertise included ESOP feasibility, design, transaction structure, and helping clients address operational and strategic issues. He also consulted on plan terminations, plan compliance issues, acquisitions, mergers, corporate structure, and spin-off transactions.
Pete served as a member of The ESOP Association (TEA), the National Center for Employee Ownership (NCEO), the Wisconsin and New South Chapters of TEA, and the Employee-Owned S-Corporation of America (ESCA). He was also a member of the Administration Advisory Committee for TEA and for the Board Advisory Committee for ESCA.
A frequent speaker at national and regional ESOP conferences, Pete has also authored and co-authored numerous ESOP publications.
Pete earned a Bachelor of Business Administration degree in Corporate Finance from the University of Wisconsin at Eau Claire.
In his spare time, Pete enjoys golf, fishing, and spending time at his cabin in northern Wisconsin.