Quorum confirms “Exciting times ahead” with new EOT
Quorum Logistic Support Limited (Quorum) confirms completion of a seamless transition to an Employee Ownership Trust (EOT), in support of planned growth objectives. Effective from 12th March 2021, the EOT structure underpins ongoing service excellence, business flexibility, as well as greater employee opportunity.
Quorum will continue to operate with the same management team, headed up by Ian Rees, Commercial & Finance Director and Trevor Hirst, Operations Director. Strengthened by the addition of Julie Tickell, as Non-Executive Director (NED) and Chair of the Trustee Board.
Clients are assured that the fundamental structure of the company, and its service offering is unchanged, with all employees continuing with their current roles and responsibilities.
Trevor explains, “The EOT provides an ideal mechanism to recognise employees who are driving business success. It supports our sustainable growth plans and robust succession planning. Our management team sees this change as an exciting opportunity to build a really strong legacy and take the Quorum ethos forward into a new era of successful support engineering project delivery, however tough the challenge.”
In welcoming Julie to the team, Ian says, “We are thrilled to be working with Julie, in a NED capacity. She brings a wide breadth of business and consultancy experience to the team. In her marketing consultancy role and wearing her ‘Brand Writer’™ hat, she has already made a big difference to our business. We look forward to her continued strategic insight and independent thinking.”
Trevor concludes, “In reassurance to our existing clients we can confirm that there is no impact on them. If anything, we would expect clients to see even more benefits from partnering with Quorum in the future. The EOT gives us more flexibility to grow and enhance our client service offering. We hope clients will join us in looking forward to exciting times ahead!”
Never miss a blog!
Register below for support engineering insights, direct to your mailbox!