Not really. It's an interesting sidebar how companies use the phrase "employee-owned" to confuse people about who is in charge. Moog had an ESOP which just mean

Not really. It's an interesting sidebar how companies use the phrase "employee-owned" to confuse people about who is in charge. Moog had an ESOP which just means the employees held 49% of the shares of stock in the company, as far as I understand without any right to influence operations, which remained fully with the CEO. That's "employee-owned" in the same sense that you "own" my house if you hold securities that are invested in my mortgage, i.e. not at all.