In March 2021, co-founders Lloyd Banks and Jocelyn Browne charted an inspiring course for Rubicon’s future by announcing its transition to an Employee Ownership Trust (EOT), where 100% of the company shares are held on behalf of all Rubicon Recruitment employees.
Today, the Rubicon EO Trustees are proud to unveil a significant addition to the Trustee team: Andy Brown, a seasoned finance professional esteemed for his independence and strategic acumen. It's a fitting moment to share this news, coinciding with the three-year anniversary of Rubicon's transition to Employee Ownership. In just three short years, Rubicon has made remarkable strides towards financial freedom and is now at a pivotal point in its history where it can set an exciting, new vision for the next five years and beyond.
As a highly accomplished Accounting and Finance expert and Chartered Accountant and Chartered Director, Andy boasts an impressive career spanning over 20 years in finance and corporate governance. His extensive experience encompasses a diverse range of roles, from top line financial analysis to executive leadership, each contributing to his multifaceted skill set and nuanced understanding of business dynamics. Notably, Andy has cultivated a deep-seated expertise in company direction, honed through his involvement at another prominent, local, Employee-Owned business, Salad Creative. With a passion for driving sustainable growth and a proven track record of transformative leadership, Andy emerges as a formidable asset poised to support Rubicon's journey towards a future defined by growth and success.
Jess, Director at Rubicon says:
“The prospect of appointing a new external trustee to our Board of Trustees was an exciting opportunity, but it required careful consideration regarding the necessary character, skills, and experience for the role. We needed someone who possessed financial acumen while also aligning with Rubicon’s core values and purpose. After evaluating several candidates, Andy Brown stood out to us. We have known Andy since he relocated to Dorset and joined the Operating Board for our friends, Salad Creative. Andy played a pivotal role in guiding Salad through their transition to Employee Ownership just over three years ago, a month before Rubicon. We know and admire him, and he brings extensive financial expertise to the table as a seasoned CFO, NED and Board Advisor. We are thrilled to welcome Andy to the Board of Trustees, and we’re confident he’ll provide oversight, additional scrutiny, and valuable challenges to our Leadership Board.”
Andy, says about his new role:
“I’m delighted to be joining Rubicon’s Trust Board. Rubicon has a strong and enviable reputation locally, and since moving to Dorset in 2013, I’ve enjoyed getting to know a number of the team through their involvement and commitment to the business community.Â
I have already been impressed that we already have strong and clear values and purpose which the team is united behind. I look forward to encouraging, challenging and supporting the Leadership Board as they lead the company in this exciting chapter for Rubicon.”
Louise, Employee Trustee says:
“Bringing Andy on board as our Independent Trustee is a pivotal moment for us all. As we toast to three remarkable years of being Employee-Owned, Andy’s arrival marks a dynamic chapter of growth and transparency within our team. His expertise as a seasoned finance professional will not only elevate our financial strategies but also enhance communication and transparency across the board. With Andy’s guidance, oversight, and experience, the entire Rubicon team will be in a ‘full loop’ of communication, ensuring that ideas flourish and our culture is further synchronised throughout the business. We’re confident going forward that Rubicon will rise to new heights of success together, all while promoting a culture where everyone’s voice is heard.”
Rubicon People Partnership is 100% employee-owned
Rubicon People Partnership is now 100% Employee-Owned. Â To reflect this exciting change, we have changed our name to Rubicon People Partnership. Â Rubicon People Partnership becomes one of a very small number of wholly employee-owned recruitment consultancies, and the only one South and West of London. Â The Employee Ownership Association reports that becoming employee-owned helps businesses become more successful, competitive, profitable and sustainable.
BENEFITS OF EMPLOYEE OWNERSHIP
Benefits of an EOT will be felt by our people, our clients and our candidates
PEOPLE POWER
Rubicon’s employees have always powered the business and now the Employee Ownership Trust formalises the commitments each member of the team makes, ensuring everyone’s voice is heard.
SUPER CHARGED SERVICE
Employee ownership further validates our delivery of exceptional customer service. Clients see us as their ‘Consultancy of Choice’, candidates their ‘Agency of Choice’ and more generally we’ll be seen as an ‘Employer of Choice’.
EOT INTEGRITY
Building on #Core Values Rubicon’s purpose is to support and grow a close-knit family of professionals focused on improving people’s working lives.
WHY HAS RUBICON BECOME AN EOT BUSINESS
Our business has always prioritised positivity, consistently doing the right thing, integrity, fairness and openness. Employee ownership is a natural progression for us.
Lloyd and Jocelyn acquired Rubicon in 2000. They opted for employee ownership to ensure the continued strong culture of the business.
Lloyd explains the decision to transfer 100% of Rubicon People Partnership to an EOT.
WHAT OUR PARTNERS SAY ABOUT OUR EOT
Since we became employee owned, we are all known as partners. Here is what some of our partners think of owning Rubicon People Partnership through an Employee Ownership Trust.
ELLIE TAYLOR
SENIOR RECRUITMENT CONSULTANT
5 YEARS AT RUBICON
It’s going to boost the morale of the entire team especially after the year we’ve had with Covid and it’s a great reward for our hard work
OLLIE WOOTTEN
RECRUITMENT COORDINATOR
2 YEARS AT RUBICON
It’s so nice to be a part of a business that already values it’s employees so much and I think this will just reinforce that
TERRY PORTER
DIRECTOR
15 YEARS AT RUBICON
We’re leaving a legacy for years and years to come of everything we value and hold close at Rubicon
CHARLIE CROTTY
MANAGER - ENGINEERING DIVISION
6 YEARS AT RUBICON
Employee Ownership will drive forward innovation and growth within the business