senckađ
Group745
Group745
Group745
Group745
Group745
Group745
EDITION
Global
USA
UK
AUNZ
CANADA
IRELAND
FRANCE
GERMANY
ASIA
EUROPE
LATAM
MEA
Hires, Wins & Business in association withLBB Pro
Group745

Barkley Now Owned by Its Leadership Team

09/09/2019
Advertising Agency
Kansas City, USA
145
Share
Prior to this sale, a significant percentage of the stock was held by former employees who no longer work at Barkley

Barkley, one of the largest ESOP-owned (Employee Stock Ownership Plan) agencies in the US has transitioned ownership to its leadership team. The ESOP sold 100% of its shares back to the company at an all-time high valuation. As a result, a management group led by its executive team now owns 100% of the company’s stock.

Prior to this sale, a significant percentage of the stock was held by former employees who no longer work at Barkley. This change brings 100% of the shares back into the company and maintains Barkley’s competitive advantage as an independent agency. Barkley announced that it has retained all of its current leadership team through this process.

“This helps us preserve our strong culture and puts us in a great position to continue attracting and retaining the best talent in the industry,” says CEO Jeff King. “This process helped us create the best possible conditions to continue driving growth and providing exceptional value to our clients.”

“The ESOP was the right tool for the company to grow during the last 22 years,” said Dan Fromm, president and COO. “This new structure will be a catalyst for maintaining the entrepreneurial spirit that has always been at our core.”

SIGN UP FOR OUR NEWSLETTER
Work from BarkleyOKRP
Keep Up, It's Golf
TGL
20/11/2024
19
0
Unfinished Legacies
BarkleyOKRP
21/10/2024
20
0
Your Chance to Win a Full Term
Red Lobster
12/09/2024
14
0
ALL THEIR WORK
SUBSCRIBE TO LBB’S newsletter
FOLLOW US
LBB’s Global Sponsor
Group745
Language:
English
v10.0.0