We are delighted to announce that we have become an employee owned company. After 60 years in practice, all 280 employees now own a part of the company (or will have the opportunity to do so in the near future if they have just joined us), a move that chairman David Hunter hopes will help to expand the business and strengthen its culture:
“The culture of our practice has always been collaborative, so employee ownership was a logical step for us to take. The transformation from a traditional architectural partnership into a 280-strong employee owned company is momentous but exciting. 2015 is already looking like it’s going to be busy for us – not least because Bristol, home city of our head office and historic base of the practice, is European Green Capital City this year. As well as this, with every member of our staff now having a commitment and share in the company’s future, we are really looking forward to another 60 years of exceptional work for our clients.”
Our transition to employee ownership has been supported by leading law firm Fieldfisher, advisers to flagship employee-owned organisations including John Lewis Partnership and Wilkin & Sons Limited (Tiptree Jams).
Graeme Nuttall OBE, Partner at Fieldfisher comments:
“Stride Treglown was an interesting project. Working with an established organisation to help them with the transition to an employee-ownership model can present challenges. Culturally, Stride Treglown was perfect for this structure and their employee-ownership model will bring many benefits to both staff and clients for years to come.”
Iain Hasdell, Chief Executive of the Employee Ownership Association says:
“There is a definite move towards employee owned businesses. The facts speak for themselves, organisations adopting this model achieve greater productivity and innovation. In addition, we have seen that there is also the added advantage of greater resilience to economic turbulence. I am delighted that Stride Treglown has chosen to take this step. As I have been saying for a long time now, this really is the decade of employee ownership. Employee ownership is a movement for change. For a better way of doing business”