We celebrated Bob’s 81st birthday on Monday with cake, cake and more cake. It takes a lot of cake to share with 209 employees. In addition to sharing his cake, Bob announced that he, along with his partners in business, is passing ownership of this company into the hands of his employees. This ensures the future of Bob’s Red Mill will be managed by employees who care passionately about the company’s success.
Employees were overwhelmed with the announcement and heartened to hear that their future is secure with this new development. For years, Bob has declined offers to buy the company or take the company public. Most of my coworkers have been uncertain about what will happen in five, ten years. Bob’s gift to us has ensured that the employees and the company will have a future together.
What does this mean for you? Really, nothing much. The company will continue to produce high quality whole grains and gluten free foods as we always have. Don’t worry, Bob isn’t going anywhere. Possibly my favorite quote from all of his interviews this week is this one from The Oregonian, “I may have given them the company,” he said, chuckling, “but the boss part is still mine.”
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