J.P. Morgan Workplace Solutions proudly congratulates our client, Bakkafrost, for their success at the 2025 GEO Awards Gala in Prague, Czech Republic, on April 29th, 2025, where they received the ‘Best Use of Equity in an Emerging Market’ award.
GEO judges said of the plan, “Bakkafrost’s Bonus Programme is a masterclass in commitment and creativity—bringing equity to seafarers, salmon farm workers, and frontline staff across the Faroe Islands and Scotland, many of whom had no prior exposure to share ownership or even access to email.”
As one judge said: “My clear favourite in this category. They went above and beyond to earn trust and build understanding.”
The GEO Awards celebrate the best in global share plan design and administration. A premier event in the industry calendar this year’s celebration was a beautiful evening where industry members came together to recognize and honour companies who have demonstrated excellence in, and dedication to, employee ownership. Workplace Solutions was in attendance as proud sponsors of the GEO Annual Conference.
Learn more about Bakkafrost’s equity compensation story here.
J.P. Morgan Workplace Solutions is proud to support our clients in achieving employee ownership and were honoured to be a part of this prestigious event. Congratulations to the finalists and we extend huge congratulations to all of the winners on the night.
To learn more about how to create and manage an employee stock plan effectively, contact us and one of our equity professionals will be happy to discuss your questions and concerns.
About GEO:
Founded in 1999 to celebrate creativity, innovation and effectiveness in the share plan industry, today GEO is the world’s leading non-profit organization focused on promoting share ownership for the benefit of all employees, companies and communities. Further details can be found on the GEO website.
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