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Brilliant Media, the independent media agency, has released a significant equity stake to seven of its directors.
The transfer of a minority stake will see the co-founders, Steve Lane and David Moutrie, retain a majority stake and their operational roles as the chief executive and managing director of the agency respectively.
Lane, 50, said the move is designed to keep Brilliant's senior talent on board, while getting them more involved in the running of the business.
Brilliant, which was founded in 1999 following the merger of DMS and Media Lane, is looking to grow through acquisition. The directors taking an equity stake are Steve Empson, Daniel Ward, Cathy Burns, Rachel ...