Babel PR, a notable b2b tech PR agency, is taking a novel approach by adopting an employee-owned business structure. Now majority-owned by the Employee Ownership Trust (EOT), the company aims to boost motivation and innovation among its workforce.
The transition to EOT major ownership is seen more as a reward for the employees’ commitment and dedication. This change not only incentivizes the staff but also fosters a sense of belonging, potentially leading to improved productivity and business growth.
Jenny Mowat, the newly appointed CEO, has been a driving force in this transformative transition.
Babel PR’s transition to employee ownership
Known for her broad vision and relentless drive for growth, Mowat has guided the team towards a more unified and robust work environment.
As part of this shift, Babel PR co-founder, Narelle Morrison, will remain the largest individual shareholder. Ian Hood, her co-founder, will adopt a more advisory role in the company, ensuring a smooth transition without impact on operations.
Babel PR is also strengthening its senior leadership team with the addition of new Key members. With their wealth of experience and expertise, these additions are primed to significantly contribute to the strategic direction and overall growth objectives of the company.
Affirming its unwavering commitment to top-notch public relations services and client satisfaction, Babel PR remains a key player in the tech PR industry. It holds a reputable 22nd spot on the UK Top 150 technology list, consistently demonstrating resilience even in the face of rapid industry advances.
