Richmond & Towers becomes first major UK agency to be 100% employee-owned

Richmond & Towers, the UK’s longest established public relations consultancy, is now 100% owned by its employees following its sale to a newly created employee ownership trust … All R&T employees are now beneficiaries of the Suzanne Richmond & Marjorie Towers Employee Ownership Trust, named in honour of the business’s 1930 founders … Following the sale, former CEO Rob Metcalfe has taken on the role of chairman while Nikki Thomson becomes chief executive and Matt de Leon is promoted to managing director.”

Thomson says that she believes that this is the first PR Week UK Top 150 agency to becoming wholly-owned by employees. (release)

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