Taylor Guitars announces complete transition of ownership to its employees
Print Taylor Guitars, the El Cajon company whose high-end instruments are played by such stars as Taylor Swift, Zac Brown Band and Jason Mraz, is making headlines, but not with a new instrument. On Monday, Taylor co-founders Bob Taylor and Kurt Listug announced they have transferred complete ownership of the company to its nearly 1,200 employees. The Employee Stock Ownership Plan, or ESOP, marks an unprecedented new chapter for the 47-year-old company, which in 2019 manufactured 170,000 guit...
Source: sandiegouniontribune.com