Just two months after Dennis Corporation announced its implementation of a key employee stock ownership plan available to eligible employees, Dan Dennis, president of Dennis Corporation, awarded the members of the Board of Directors with 2,500 shares each. This gift honors their service to the company over the past five years and marks the first distribution of the company stock, which currently is valued at approximately $18.70 per share. These shares amount to 10% of the available shares in the company.

Established in October of 2009, Dennis Corporation’s Board of Directors jointly oversees the activities of the firm and assists in establishing corporate policies and making management decisions. The board currently is comprised of Beth Fleming, CPA; Frank Hribar; Kelly Tam; Ross Travis, PE; and Dan Dennis, PE, PLS. The four recipients of the stock have illustrated the attributes of a key employee during their time at Dennis Corporation—strong work ethic, honesty, loyalty, trust, and success.

As members of the Board of Directors, these individuals will also make recommendations for which additional key employees can receive the opportunity to receive shares or purchase shares.