Culture, Continuity and Control: Navigating Employee Ownership Trusts (EOTs)
Join Myerson and guests for a panel discussion on the increasingly relevant topic of employee ownership – and discover why the number of employee-owned businesses is growing at a rate of 30% year on year.
With its many advantages, employee ownership – particularly through the use of an Employee Ownership Trust (EOT) – is fast becoming a preferred method of succession planning for business owners. It not only offers tax efficiencies and continuity but also fosters a culture of transparency, engagement and shared success for employees.
Myerson Solicitors is a 100% employee-owned, independent law firm, having made the transition to an EOT in September 2024. With first-hand experience of the process, and having advised a number of other businesses on their own transitions, they’re well placed to share practical, strategic and cultural insight into what becoming employee-owned involves.
The expert panel will explore:
- What employee ownership means in practice and why it’s becoming such an important succession planning tool.
- How an employee-owned business is structured and the role of the Employee Ownership Trust.
- What becoming employee-owned means for employees and how to bring people on the journey.
- The tax benefits for both business owners and employees.
- The importance of cultural alignment, transparency and inclusion throughout the process.
About the Speakers:
Simon is a specialist in corporate transactions, including share sales, reorganisations, and incorporations. He has expertise in Employee Ownership Trusts (EOTs), having advised numerous businesses on the transition to employee ownership.
Jordanna leads Myerson’s people strategy and has extensive experience in talent, reward, employee engagement, and organisational development. She will discuss the people and cultural dimensions of EOT transitions, and how to ensure long-term employee buy-in.
Rebecca is the current Chair for Forever Manchester, following a stint as Treasurer. Rebecca also sits on the advisory board of Girls Out Loud. She is passionate about equality, diversity, and inclusion and leads Crowe’s Women’s Empowerment Programme, supporting the female pipeline and promoting an environment where everyone, regardless of gender or background, can reach their full potential.
Jeremy Cole, partner, has more than 21 years of corporate finance experience, working with successful businesses. Jeremy trained as a Chartered Accountant with Spicer & Oppenheim (now Deloitte & Touche) before joining PricewaterhouseCoopers in 1989, in Manchester. He spent 3 years working in PWC’s Silicon Valley office in San Jose, California, in the mid 1990’s, working closely with entrepreneurial technology and life science companies and venture capital funds.
He joined North West accountants Hurst & Company as a partner in 1997 to set up a corporate finance division, which he ran successfully until 2001, when he was approached by independent corporate finance firm TMG to join them as a partner.
In July 2002 Jeremy decided to establish his own corporate finance firm and set up Cole Associates.
Jeremy specialises in management buy-outs and buy-ins, corporate acquisitions and disposals, raising finance and due diligence. Jeremy invests a huge amount of energy and enthusiasm into each client’s transaction and enjoys a close working relationship with clients.
Kate is an Employee Trustee for a Manchester based digital marketing agency (i-com.net) who has been employee owned since 2019. She is very passionate about employee ownership and will be sharing some of the lessons they’ve learnt during the 6 years they have been employee owned and sharing insights around engagement, culture and increasing ownership among employees.
Interested In The Event?
If you’re interested in attending, you can book online here.
