Monday, November 29, 2021

Leicester graphic design firm transfers ownership to employees

Leicester-based STB Graphic Designers has become an Employee Ownership Trust, joining a fast-growing movement of UK businesses looking to maximise their potential by empowering their staff to drive the company forward.

STB Graphic Designers began in 1988 as Stocks Taylor Benson. The business has worked with national and international brands over the years including Avon, Aldi, Next, Black & Decker, Virgin Trains, Majid Al Futtaim, Morrisons, Avanti West Coast, Baker Hughes, British Airways, Canon, Metro Bank, Centrica and Experian.

For this next stage in STB’s evolution, Glenn Taylor – currently the sole owner – is passing on a three-decade legacy by transferring 90 per cent ownership to its employees. Glenn will continue as CEO supported by the existing executive management team.

Glenn. W. Taylor MISD, FCSD, CEO and founder of STB Graphic Designers, says: “Over the years, I’ve been proud to work with some of the best graphic designers in the business. Our job is to help our clients make more money by selling more stuff – whether cornflakes or cars. Simple as that. It’s about solving the brief, beautifully, and putting our clients’ needs first.

“Becoming an Employee Ownership Trust will secure the future of STB. We are placing it in the hands of the people who have helped it grow over the last 33 years and enabling them to share in its success.”

Deb Oxley OBE, CEO of the Employee Ownership Association, says: “Congratulations to STB Graphic Designers on its transition to employee ownership securing the values, ethos and culture of the business for future generations.

“Businesses that give employees a stake and a say build trust and shared responsibility, therefore uniting leaders and employees behind a common purpose. This leaves the business in a better position to flex and adapt as the economy looks to recover and renew.”

Greg Jolley, executive client director of STB Graphic Designers, says: “We are hugely excited that STB is becoming an employee-owned business. This is the perfect opportunity to come together as a team and redefine our positioning and proposition.

“Glenn has built this thriving business from scratch. Passing his legacy on to the team will enable us to attract top talent, to work with more of the world’s leading brands and businesses, and ultimately to accelerate growth.”

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