SAFE Boats Adds 2 Board Members

SAFE Boats Adds 2 Board Members

SAFE Boats International has added two new veteran members to its board of directors, the Bremerton, Washington-based company announced Sept. 22. Retired U.S. Coast Guard Vice Admiral William “Dean” Lee and Tom Norton have joined the board of the company, which supplies aluminum vessels globally for the public and private sector, including first responders and military. “I am extremely honored that Dean and Tom have accepted positions on our board of directors,” SAFE Boats CEO Richard Schwarz said. “As a newly formed 100% employee-owned company, their leadership, business expertise and keen focus on the customer, mission and people will provide…
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SAFE Boats International Now Employee-Owned

SAFE Boats International Now Employee-Owned

Washington-based aluminum watercraft designer and manufacturer SAFE Boats International is now owned by its employees under a newly minted employee stock ownership plan (ESOP), the company announced March 31. The road to ownership started in late 2022, resulting in the ESOP, a retirement plan that gives employees the chance to own shares in the company and benefit from the growth in those shares over time, according to SAFE boats, which has locations in Bremerton and Tacoma, Wash. “It has always been our dream and our vision to make SAFE Boats International about our team and the community we live in,”…
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