Leading integrated consultancy, Aspect: The Strategic Communication Experts is the latest company to move into employee ownership transferring 100% of shares into an employee ownership trust (EOT) on behalf of the firm’s employees.

We caught up with Andrew McCallum, Founder and CEO and June Boyle, Chair of the Aspect Employee Ownership Trust to find out more. 

Andrew told us “The success of our business is built on the expertise, creativity and energy of our talented people. What we’ve achieved over the past five years would not have been possible  without them and I’m

Andrew told us “The success of our business is built on the expertise, creativity and energy of our talented people. What we’ve achieved over the past five years would not have been possible  without them and I’m very

grateful for their continued support as I lead the firm into this exciting new chapter.  

“We’re proud to have created an open, collaborative and supportive culture where people can develop and thrive. Becoming an employee-owned business empowers our team to actively shape Aspect’s future and share in its continued growth and success, now, and for many years to come.  

“From repositioning brands for the net zero future and shaping the policy landscape to unlock sustainable growth, to helping organisations define their purpose and vision and delivering integrated communication, marketing, digital and public affairs strategies – our work has impact and consequence. 

“I believe this unique combination of employee ownership, inclusive culture, and purpose-led work for our ambitious clients creates a platform for the future.”  

June added, “Aspect is an excellent business with a strong team and impressive client portfolio in the UK and internationally. In my experience, businesses with a progressive culture where employees are engaged and involved in the direction of the company deliver better performance.

“In my role as Chair of the Trust Board I look forward to seeing Aspect go from strength-to-strength as an employee-owned business and I will work with my fellow Trustees to make sure the company continues to develop and grow in the best interests of employees.”

 

Under the leadership of Founder and CEO Andrew McCallum, Aspect’s revenue has grown by more than 250% since recruiting its first employee in 2019, accelerating through and beyond the global pandemic to deliver revenues of £3.1 million in 2023. 

Andrew will remain as CEO, with fellow Board Director, Yvonne McCallum, continuing to lead the firm’s finance, commercial and legal functions. They’ll work closely with the leadership team – Digital Director Ewan Duthie, Marketing Director Jenny Adams, Communication Director Leona Minellas, and Public Affairs and Stakeholder Engagement Director Peter Smyth. 

From its offices in the heart of Aberdeen and on Edinburgh’s Royal Mile, Aspect’s talented team of 22 employees advise clients globally in complex, issue-rich sectors from energy, infrastructure and sustainability to technology, life sciences and the natural economy. 

Aspect was advised by Blackadders LLP, Cactus Consultants Limited, Ownership Associates UK and Reference Point Advisory Limited.  

 

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If you are considering employee ownership as a succession solution for your business please get in touch with Co-operative Development Scotland team.