Chron recently featured P. Terry’s Burger Stand’s transition to an Employee Ownership Trust (EOT), highlighting how the move will allow approximately 1,800 employees to share in the company’s long-term success. The article was written by Chason Gordon.
The story explores how the new ownership structure helps preserve P. Terry’s independence and people-first culture while introducing a company-wide profit-sharing program for employees with more than two years of tenure. It also shares Kathy Terry’s perspective on the transition, describing it as a natural extension of the values that have guided the company since it opened in 2005.
The announcement marks a significant milestone for P. Terry’s, reinforcing the company’s commitment to investing in its employees while building a business designed to thrive for generations to come.
Read Chason Gordon’s full article on Chron.
