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Index/Startups & Founders/Confessions Of An Agency Owner
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S2 E7: James Leavesley - What is an Employee Owned Trust?

Confessions Of An Agency Owner · 2023-05-09 · 49 min

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Episode notes

On this episode of Confessions of an Agency Owner I welcome James Leavesley, CEO of Torchbox. When James joined Torchbox it was owned by two founders Olly and Tom. Their exit strategy was a little different to the norm. They didn't plan to sell to a third party but to hand the keys over to their team through an Employee Owned Trust. James found himself in a position as CEO where his job was to not only to manage the business but also lead it through a pretty major transition and help the team understand what this meant for them. I was keen to find out more about how an Employee Owned Trust works and what it was like to go through that process. Have a listen!

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