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Tullis Russell Champion of employee ownership honoured

09 Dec 2014

Tullis Russell's Non-Executive Chairman, Fred Bowden, has been honoured for his continued and significant contribution to the development of employee ownership in the UK, receiving a prestigious Fellowship Award from the Employee Ownership Association (EOA).

Fred, who joined the employee-owned papermaking and specialist coating Group Tullis Russell in 1991, was presented with the Baxendale Fellowship Award at the recent EOA Gala Dinner and 2014 Philip Baxendale Awards. Named after Philip Baxendale, a pioneer for the employee-owned movement, the awards provide a platform for celebrating what is increasingly recognised as a better way of doing business for employees and their company's. 

Earlier this year, Fred joined Tullis Russell employees during the company's celebrations for Employee Ownership Day, which took place on 4 July. During the event, Fred commented: "By design, our structure places people at the heart of the operation and allows them to share in its successes. Employee ownership facilitates independent decision making, allowing us to focus on the long-term without the short-term pressures often imposed by external shareholders."

Fred, who was Non-Executive Director of the Employee Ownership Association from 2006 - 2010, has played a significant part in driving the Tullis Russell business in both Managing Director and Chief Executive roles before becoming Non-Executive Chairman of the Tullis Russell Group in 2006.  He continues his contribution to several committees and groups within Tullis Russell and is an appointed member of the Employee Ownership Board and Director of the Employee Shareholding Trust companies of Tullis Russell.  Fred is also a Non-Executive Director of Aberdeen Harbour Board and Chairman and Trustee Director of Childbase, an employee owned UK-wide nursery group.

The Judges commenting on Fred's award said: "Fred is an outstanding, fully committed and totally consistent champion of employee ownership and its supporting principles and values.  He has also been hugely influential and has made a significant contribution to further the employee ownership movement outside of Tullis Russell. He has been involved with the EOA since 1994 and served with distinction as a board member for many years. He is renowned for his wise counsel, straight talking, enormous integrity and also for his passion for employee ownership. He has committed a substantial amount of energy, drive and enthusiasm over the past 20 years into helping businesses embed this culture and in persuading and influencing policy makers to do more to support and develop the sector."

The Employee Ownership Association (EOA) is a not for profit organisation that helps to promote and help companies which are employee owned or transitioning to employee ownership across the UK.