James Watt is the CEO of BrewDog Corporation. He is a Scottish businessman. He has recently celebrated the 15th anniversary of the BrewDog Corporation. He has sought the attention of the world after his decision to transfer 20% stakes to the employees’ fund. People are wondering to know about the reason for his decision in the favour of the employees of his company. No sooner did James Watt share the news that he wanted to transfer his 20% stake to the employees’ fund for the bright future of his employees and their families than the other senior designated people of BrewDog embarked on opposing the decision of James Watt.
Moreover, the other senior officials of BrewDog are calling the discussed act of James Watt to be short of misbehaviour which may affect the company’s shares in future. James Watt owns around a quarter of the fast-growing stakes Brewery. Consequently, Brewery and bar staff have criticized Watt for his act of transferring his 20% stakes to the fund for employees is something which will curtail the progress rate of the company. They have also claimed that the CEO is putting pressure on them to grow the company quickly. The CEO has expressed that he has done this so as to give a gift to the employees of BrewDog.
Who Is James Watt Brewdog?
On the basis of the last year’s records of the company, the annual bonus for every employee varies between 3000 Euros and 5000 Euros twice every the year. On top of that, James Watt has gifted the employees of the company 120000 Euros, including four annual payments from June. Although the ECO of BrewDog has expressed his decision of gifting 20% of his personal stake to the employees of BrewDog Corporation yet the gifted shares are not in circulation because the plan to list on the stock exchange has been unfastened.
Now, the decision of James Watt has been opposed by a number of senior employees of the company. At present, James Watt owns 24.2 % of the share of BrewDog. However, she has shared 5 % of the share to a fund for the better future of the employees of Brewdog. It means that he is still holding 19.2 % shares of BrewDog. He made the announcement to gift 5 % of the shares of BrewDog Corporation to his employees. He has shared the 5 % of the stocks of the company from his personal stocks. More details related to this news will be updated as soon as possible.
