Judith Kornfeld
ESOP Economics, Inc.

Judith L. Kornfeld is the founder and president of ESOP Economics, Inc., a firm that specializes in repurchase obligation services for ESOP companies. The firm performs repurchase obligation studies and provides consulting services to assist companies in developing strategies for managing and funding repurchase obligations. It also developed Telescopeā„¢, a software program for projecting ESOP repurchase obligations, which it licenses to ESOP companies that want to do their own projections.

Judy has been working with ESOP companies for nearly 20 years, focusing on repurchase obligation issues. She has authored many articles on ESOP repurchase obligations and is a popular speaker at ESOP conferences at both the state and national level.

She currently chairs The ESOP Association's Interdisciplinary Advisory Committee on Fiduciary Issues. She also serves on its Advisory Committee on Finance and is a past chair of that committee. She has also served on the Board of Directors of TEA, on many committees, and as an officer of the Pennsylvania Chapter. She is also on the Board of Trustees of the Employee Ownership Foundation.

Judy received her law degree from the University of Pennsylvania Law School, her M.B.A from the Wharton School, and her B.A. in Economics from the University of Pennsylvania.