Alternative Exit #47 | Live from the EOA, Direct Ownership Done Wright - Michael Hodgson from GLIDE
In this live episode from the EOA Conference in Telford, Andy sits down with Michael Hodgson, elected chair of Glide, an employee-owned membership organization that holds shares across three manufacturing businesses: Gripple (wire joiners, £130M turnover), LoadHog (returnable transit packaging, £45M turnover), and GoTools (tooling manufacturer).
Key Takeaways:
Glide operates a direct ownership model that's different from most EOTs discussed at the conference. Every employee is required after one year to buy shares in their parent company from Glide, which holds about 20% of gifted…
The skinny
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