STRUCTURE
6 DIRECTORS
1 x Managing Director
3 x Appointed Directors
2 x Elected Directors
5 TRUSTEES
2 x Initial Trustees
2 x Elected Trustees
1 x Appointed Independent Trustee
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
Buyers
Quality
Sales
Apprentices
Machine Shop
Production Line
Design &
Engineering
Department Heads
Administration
Safeguarding Stewart-Buchanan Gauges and
Sharing our Success
•
•
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.
SHARE INCENTIVE PLAN
•
Allows shareholders to share in our success
•
•
Allows shareholders to feel more like
owners
Tax Efficient Scheme approved by HMRC
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