News & views
Celebrating our 4th year as an EOT.
5 February 2025
CMC Community
We’re celebrating our 4 year anniversary of being an EOT – an Employee Ownership Trust.
For those of you who are unfamiliar with what being an EOT means… it means that the shares for the business are owned entirely by a Trust on behalf of the employees. This unique ownership model means that we have a sense of shared responsibility and community, and we see ourselves as partners committed to growing a long-term successful business.
This makes us way more than ‘just’ employees.
Being an EOT means that we are provided with regular updates on company strategy and business performance, along with being empowered by a high degree of transparency and the necessary information to contribute and be involved. We don’t have external shareholders, which means that all our decisions can be made for the benefit of CMC and its partners, and are aligned to our values.
Every two years, we all vote for two employee representatives to sit on our Trustee Board, and one of our most recently elected EOT Trustees is the brilliant Gulfam Rashid. A massive congratulations to Gulfam on being chosen by his CMC peers for the Board. Here’s what being an EOT Trustee means to him…
“I am incredibly honoured and excited to be voted onto the CMC Trustee Board. I’m really grateful for the opportunity to contribute to the future of our company in a meaningful way, and I look forward to working with my colleagues to drive our shared success and make a positive impact for us all.”
– Gulfam Rashid, Senior Consultant and EOT Trustee at CMC