Stewart-Buchanan Gauges Ltd (Employee-Owned Company) STRUCTURE
Structure 6 DIRECTORS 1 x Managing Director 3 x Appointed Directors 2 x Elected Directors
1 x Appointed Independent Trustee Structure 5 TRUSTEES 2 x Initial Trustees 2 x Elected Trustees 1 x Appointed Independent Trustee
Structure WORK’S COUNCIL (Regular forum for employee representatives) Discuss operational and financial matters. Bring concerns and questions to the Board. Contribute to the flow of information to and from employees.
LOTS OF OWNERS Structure Department Heads Apprentices Buyers Quality Sales Machine Shop Production Line Design & Engineering Administration
Safeguarding Stewart-Buchanan Gauges and Sharing our Success SHARES AND THE E.B.T. Safeguarding Stewart-Buchanan Gauges and Sharing our Success
Employee Benefits Trust Trustees must hold at least 50.1% of shares in order to safeguard the company and keep the best interests of the beneficiaries in sight at all times. Holds the Board to account for performance of the company.
Employee Benefits Trust SHARE INCENTIVE PLAN Allows shareholders to share in our success Allows shareholders to feel more like owners Tax Efficient Scheme approved by HMRC
Share Incentive Plan SHARES CAN BE: Free Shares – offered as a gift at no cost to the individual Partnership Shares – a set amount offered to purchase equally among eligible employees Matching Shares – free from the company; can either be one or two free for every partnership share bought