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Inspirational People: Bob Moore Leaves Full Ownership Of His Company To Employees When He Passes Away

Bob Moore from Bob's Red Mill sitting outdoors.

If you’ve been to a grocery store, you’ve probably seen Bob Moore’s face on oats, flour, and other packaged grain items. That’s because he was the owner of beloved natural brand Bob’s Red Mill. Sadly, Moore recently passed away at the age of 94. However, he left his company to the very people who helped him make it successful: his employees!

On Bob Moore’s 81st birthday, he created an Employee Stock Ownership Plan that would place his company in the care of his employees after his passing. Bob’s Red Mill now belongs to over 700 loyal workers!

“Bob’s legacy will live on forever in all of us who had the opportunity to work with him and is infused into the Bob’s Red Mill brand,” said CEO Trey Winthrop, according to the company website. “He did everything in his power to leave us on a strong path forward.”

The Institute for Policy Studies shared a post on X about Bob Moore’s passing. They praised his decision to leave his company to his employees to “make things more fair.”

“This is what profit-sharing can look like,” the organization wrote.

Bob Moore will surely be missed, but his employees will continue to honor his memory through Bob’s Red Mill!

You can find the source of this story’s featured image here.

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