Employee Benefit Trust (EBT) Trustees, bound by the same legal obligations as other trustees of the Employee Benefit Trust, were voted onto the Trust and may each serve for up to three terms of two years. Given that the Employee Benefit Trust will always control the ownership of the company, such representation (out of a total of seven trustees) is critical.
An employee director, bound by the same legal obligations as any other director, was voted onto the board when we became employee owned. This employee elected director is actively involved in all board decisions and is consulted widely by all employees. The employee director is elected or re-elected every two years.