The Transfer Team Onwership feature allows an owner to seamlessly reassign the team to another member within it. To do so, navigate to the Members page and click three-dot menu in the upper right corner.

Three-dot menu

From there, you can click Transfer Team Ownership and open a pop-up, select a new owner (who must already be a member of the team), and confirm the transfer. Once confirmed, ownership will be reassigned, and your role will be changed to a manager.

Transfer Team Ownership pop-up