30 September 2020
We are delighted to let you know that Tapestry Compliance is now employee owned. Today we transferred all the shares in Tapestry to an Employee Ownership Trust (“EOT”) which will hold the shares on behalf of all the employees. We wanted to give our employees the opportunity that our clients give to their employees, the opportunity to have a stake in the business, as well as to shape the future of the firm going forward.
Whilst we will remain as advisors to the Board and also Trustees of the EOT, it’s the team that are the owners of the business. As such, they will be even more committed to providing excellent service.
We feel this is an exciting time for the firm. After founding Tapestry 9 years ago, we wanted to ensure that there was a plan in place for the future of the business and Employee Ownership is what we do!
Chris Fallon and Carla Walsham, senior lawyers in the team, have been appointed for a term to be directors. The other trustees will be Hannah Needle, Matthew Hunter and Elaine Marriner.
We hope that at some point in the future, you will be able to join with us all here at Tapestry, to celebrate as we move forward with this new chapter. In the meantime, it’s business as usual.
If you would like to talk to Janet or Bob about this, or have any questions, please do let us know.
We look forward to continuing to work with you.
Janet Cooper OBE and Bob Grayson