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ADP marks half century in practice by converting to employee ownership

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February 1 2017

ADP marks half century in practice by converting to employee ownership
Architectural practice ADP has marked a half century in practice by allocating a ‘significant’ majority of company shares to an employee ownership trust, granting staff a greater say in the company’s direction by placing an employee director on its board and establishing an employee council.

The model is similar to that used by the John Lewis Partnership and has been implemented as a means to smooth succession planning and separate management from ownership.

David Heslop, managing director of the practice, said “It has been demonstrated that businesses owned by their staff are more successful financially and are more satisfying places to work. Allowing ADP’s employees to benefit directly and proportionately from our future success will build further on their existing commitment and enthusiasm”.

ADP is formed from 120 staff operating from studios in Birmingham, Edinburgh, Glasgow, London, Manchester, Newcastle, Oxford and Sherborne with an international HQ in Delhi. It is currently delivering several commissions for both Edinburgh and Heriot Watt universities.

In recent years David Narro Associates and Page\Park trodden a similar route with Anderson Bell Christie expected to complete their own move to employee ownership later this year.

Pictured: Spanish City, Whitley Bay, currently being restored by ADP

2 Comments

E=mc2
#1 Posted by E=mc2 on 1 Feb 2017 at 19:52 PM
Well done on such a progressive approach to empowering employees. None of that archaic Management Buyout mince we have seen elsewhere. Architects really do need to modernise their approach to equity and succession
Michael Thomas
#2 Posted by Michael Thomas on 2 Feb 2017 at 00:02 AM
I cannot be more pleased by this announcement. As one of the two surviving retired partners from the early days in the 60's when ADP was tiny and based in Henley on Thames I am proud to have been a part of the subsequent growth in the the practice and congratulate all those friends and colleagues who have achieved this objective which was just a distant dream in the 1980's. May the new structure thrive, prosper and most importantly continue to produce fine buildings for people to use and enjoy.

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