Skip to content
Optimax’s Innovative Employee Ownership Trust
Mar 19, 2021

Optimax’s Innovative Employee Ownership Trust

Optimax ownership has taken a significant and forward-thinking step by establishing a new nonprofit perpetual trust that now holds ownership of the company. This innovative trust is designed with several key purposes in mind.

  • Firstly, it aims to safeguard the business from being sold to another entity, thereby preserving its independence and original mission.
  • Secondly, the trust is committed to maintaining a system of monthly profit sharing with employees, ensuring that the workforce continues to benefit directly from the company's success and fostering a sense of shared purpose and motivation.
  • Lastly, the trust is strategically positioned to support the company’s ongoing growth, providing a stable foundation for future expansion and innovation.

This approach not only secures the company’s legacy but also aligns with its long-term vision of sustainable development and employee empowerment.

Read the full article

COMMENTS

Apr 10, 2023

How Commitment to Company Culture Pays Off at Optimax

Listen to this podcast from Nextcorps featuring Optimax CEO, Rick Plympton, who talks about building Optimax from starting in ...
Start Reading
Sep 23, 2021

Optimax Appoints New President Joseph Spilman

Join us in congratulating Joseph Spilman on being appointed president of Optimax. He is the second president of Optimax in its ...
Start Reading
Mar 18, 2024

Bloomberg Interviews Optimax CEO Rick Plympton

Start Reading