(Photo credit: HarrisonParrott)

Classical music and performing arts talent agency, Harrison Parrott announced its transitioned to an Employee Ownership Trust and has named a new CEO.

As of the first week of Oct. the majority of shares in Harrison Parrott have been sold to the Employee Ownership Trust. This process broadens responsibility across the entire leadership team and places the future of the company firmly in the hands of its employees.

Jasper Parrott and Terry Harrison co-founded the “two-man operation” in 1969. Initially representing six artists, HarrisonParrott has grown to manage more than 200 artists globally, has an international team of 89 employees spread across offices in London, Paris, Munich, Madrid and Beijing. It remains the world’s oldest founder-led classical music talent agency.

Today Harrison Parrott represents leading classical artists J’Nai Bridges, Jamie Barton, Samuel Mariño, Paul Appleby, Sarah Aristidou, John Adams, and more.

This news also comes with Parrott appointing a new CEO after 54 years. He has named his daughter, Moema Parrott as the new CEO, who has been serving as acting CEO since March.

Jasper Parrott will continue to lead the strategic vision as executive chairman.