On 81st Birthday, Oregon Man Gives Company to Employees
February 20th, 2010Via: Seattle Times:
Scores of employees gathered to help Bob Moore celebrate his 81st birthday this week at the company that bears his name, Bob’s Red Mill Natural Foods.
Moore, whose mutual love of healthful eating and old-world technologies spawned an internationally distributed line of products, responded with a gift of his own — the whole company. The Employee Stock Ownership Plan that Moore unveiled means that his 209 employees now own the place and its 400 offerings of stone-ground flours, cereals and bread mixes.
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No bullshit, I lost 8lbs in two weeks switching to a reduced gluten diet without changing the portions I eat. I bought some of Bob’s Gluten-Free Steel-Cut Oats to eat for breakfast. It tastes pretty good and apparently helps me lose weight.
Beautiful. Inspiring.
Funny, that’s the preferred brand of “Organic Brown Rice Flour” for growing hallucinogenic mushrooms using the PF Tek method, although I doubt they know that down at Bob’s.
On a more serious note, that is a grand gesture and a brave act, by Bob.
Employee ownership of corporate entities may be the shortest path to greater social justice. Not only does it return profits to those who actually produce them and to the communities they operate in, but it tends to “humanize” the behavior of such corporations, at least somewhat.
It will be interesting to see how the company fares in the future.