The founders of animation studio Aardman are transferring the ownership of their multi-award-winning company to its employees. Peter Lord and David Sproxton said they are transferring ownership to staff to ensure that the company retains its independence. A majority of Aardman shares will be transferred to a trust. Senior management will remain in their positions and form an executive board.
Sproxton will stay on as managing director but look for a replacement and move into a consultancy role. Lord will stay on as creative director, focusing on film, including the upcoming “Shaun the Sheep Movie: Farmageddon” and “Chicken Run 2.”
“We’re not quitting yet, but we are preparing for our future,” Lord and Sproxton said in a statement. “This approach, the creation of an employee trust, is the best solution we have found for keeping Aardman doing what it does best, keeping the teams in place and providing continuity for our highly creative culture.
Sproxton will stay on as managing director but look for a replacement and move into a consultancy role. Lord will stay on as creative director, focusing on film, including the upcoming “Shaun the Sheep Movie: Farmageddon” and “Chicken Run 2.”
“We’re not quitting yet, but we are preparing for our future,” Lord and Sproxton said in a statement. “This approach, the creation of an employee trust, is the best solution we have found for keeping Aardman doing what it does best, keeping the teams in place and providing continuity for our highly creative culture.
- 11/12/2018
- by Stewart Clarke
- Variety Film + TV
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