Jack Mason steps down as CEO of Inc

Jack Mason has stepped down as CEO and resigned from Inc & Co.

In a message on LinkedIn he said: “After 5 years, I’ve made the decision to step down as Group CEO and to leave Inc & Co, the company I had the privilege to co-found.

“Building and leading Inc&Co has been one of the most rewarding, but also the most challenging experiences of my life. From the early days of inception to seeing it grow into a diverse Group of businesses, I’ve been continually inspired by the passion and dedication of our people.

“I’m looking forward to the next chapter of my life, whatever that may bring. Right now, I’m having a long rest until the time is right to explore new opportunities and ventures.”

The business includes serviced office provider Inc Spaces, which operates a single site in Manchester, and luxury furniture brand Maker&Son. 

It was originally created “to bring businesses together to help improve their business operations, marketing, strategy and collaboration.”

In July, Mason and his colleague David Antrobus were found by the High Court to have breached a global freezing order and were in contempt of court.

Barclays Bank had brought a civil case against Mason and Antrobus claiming they conspired to move assets offshore in breach of various freezing orders brought against them and their business associate Scott Dylan.

They face a further challenge from Barclays that £13.7m was taken from the bank without authorisation. Both Mason, the chief executive, and Antrobus, the chief technology officer of Inc & Co, claimed the asset transfers were done without their knowledge or consent.

They will be sentenced later this month. Mason, who lived in Barcelona, was required to surrender his passport by the court. 

Mason continues to protest his innocence and says he will appeal.