CultureMap San Antonio recently featured P. Terry’s Burger Stand’s transition to an Employee Ownership Trust (EOT), highlighting how the new structure gives approximately 1,800 employees across Texas the opportunity to share in the company’s long-term success. The article was written by Brandon Watson.
The story explains how the Employee Ownership Trust preserves the company’s mission and independence while introducing a new profit-sharing program for employees with more than two years of tenure. It also highlights how this ownership model is uncommon among large restaurant chains and reflects Patrick and Kathy Terry’s long-standing commitment to investing in the people who help make P. Terry’s successful.
The transition represents another milestone in P. Terry’s history, reinforcing the company’s belief that taking care of employees is essential to building a strong business and creating a lasting impact in the communities it serves.
Read Brandon Watson’s full article in CultureMap San Antonio.
