Nautilus becomes employee-owned business
NED has provided lighting design, theatre consulting, and A/V system design for projects worldwide
USA - Nautilus Entertainment Design, Inc. (NED) has announced that after 30 years in business, the company founders Laura and Jim Tetlow, are selling their stock to the company ESOP (Employee Stock Ownership Plan.) With this sale, the company will become 100% employee-owned. Jim Tetlow will continue in a consultancy role as principal consultant and lighting designer for select shows and projects in an effort to provide NED’s clients with a multi-year seamless transition. Jim Tetlow comments, “When we started the business 30 years ago, our focus was on lighting design for TV and live events. At that time, it never occurred to us that we would expand into so many more disciplines including architectural lighting design, A/V system design, and theatre consulting. One of our proudest achievements is the fact that we have built a team of pro