Employee Owned
Building our success together
It was decided by Principle’s Founder & Chairman, Douglas Cooke and the company’s Board of Directors, who will all remain, that this was the best way for us to achieve the following key objectives:
Continuing the ethos
of the company as one which cares deeply about its workforce and therefore acts for the benefit of its employees;
Preserving and building upon the legacy
of the company by retaining its independence;
Maintaining the core identity
of the Principle business and alongside this its reputation in the market;
Providing an effective platform
for our future growth.
Our Excellent Offering Remains
We care passionately about our people and our clients, and from this transaction there’ll be no change to our key metrics. Our clients will see the same level of service excellence, our management teams will remain the same.
This one inclusive team approach will enable us to further enhance our offering to our clients, whilst providing significant benefit to our employees.
”This is a fantastic transaction which preserves the legacy of the Company I founded over 30 years ago and places the future development of Principle in the hands of our 2,300 staff who are our most important asset. To have been able to include our people in the ownership of the business gives me immense pride and will, I am certain, ensure its stability and prosperity for many years to come."
Douglas CookeExecutive Chairman