Bull Moose becomes employee-owned
Bull Moose becomes employee-owned
After more than 30 years of growth and ardent support from Maine’s music scene, Bull Moose founder Brett Wickard has sold the music, books and pop culture retailer to its employees through an employee stock ownership plan.
Through the transition Wickard will remain the interim CEO and chair of the board of directors.
During a company-wide meeting on Monday night, Wickard said he laid out three goals for the sale: to build a platform for employees to have more control and input into company operations, to create financial security for their future, and to provide more earning opportunities.