As we continue to evolve, we remain committed to strengthening our corporate governance framework. In 2023, we launched a review to optimise and clarify the roles and responsibilities of the main and trust boards and the executive committee. This initiative is designed to improve our agility and decision-making processes, while at the same time ensuring that we remain focused on our key priorities of employee ownership and client care.
“The main board’s role in 2025 and beyond will be holding our new CEO and the executive to account for the delivery of the strategic plan. By implementing these changes, we will be better positioned to achieve the goals outlined in our strategy.”
Since transitioning to employee ownership in 2019, one of our key governance priorities has been to establish a robust leadership succession plan. We’ve now successfully implemented this, which includes the appointment of Philippa Hann, our new CEO next year. This carefully orchestrated leadership transition promises a reshape, while preserving the core values that have defined our success.
A renewed approach
The governance restructuring introduces a more defined executive committee and more classic corporate board structure, creating clearer lines between business operations and strategic execution and oversight. This fresh approach includes an updated employee ownership trust board comprising individuals with strong business acumen. The trust board will be complemented by a newly formed Partner Voice group to ensure our team’s perspective remains central to decision-making.
“This new structure will create an environment geared towards action. The executive committee will meet weekly to drive through dynamic changes.”
This will be underpinned by a culture of supportive accountability, with the board holding the executive committee to account to deliver the strategy. Every team member will also have a weekly meeting with their line manager, building cadence to develop and create deeper relationships that drive results.
To find out more, download our Impact Report 2024 – The next chapter.
