Account ownership can be transferred by the account owner to another person on the account.
NOTE: The ownership can only be transferred to an active user (a user who has accepted their invite). If you have recently invited a new user, you will have to wait for them to accept the invitation before you can transfer the account ownership.
Choose 'Setup' from your lefthand side menu - Select 'Team',
Select the 'Transfer ownership' button at the bottom of the screen.
Use the drop-down menu to choose a new owner from the list of personnel on the account.
Click 'Transfer Ownership' to save