ESOP Shareholders’ Meeting

By June 15, 2016 News No Comments

On June 2, 2016, Moretrench employee-owners gathered in Rockaway, NJ for our Annual ESOP Shareholders’ Meeting and Service Awards Presentation.  It was an exciting event, as the new stock price was announced and employee-owners received their Employee Stock Ownership Statements showing their updated individual stake in the 100% employee-owned company.  Special recognition was given to the eighteen employees who recently became 100% vested and the thirteen employee-owners who reached 5, 10, 15, 20, and 25 years of service to the company. 

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CEO, Art Corwin and CFO, Rich Telesmanich discussed the 2015 financial results of the company, along with the bright outlook for the future. 

Being a 100% employee-owned company is not only about the financial benefit, it is an important part of our corporate culture.

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