Bean’s grandson Leon Gorman is retiring as chairman of the outdoors retailer after more than a half century as the company’s chairman or CEO, but the privately held firm is keeping the position in the family. The Maine based outdoors retailer informed its 5,000 full and part time workers Monday that Bean’s great grandson Shawn Gorman is the latest family member to serve as chairman, underscoring a commitment to family ownership in an era in which most large retailers are publicly traded. Bean’s death in 1967, setting it on a path of growth by transitioning from catalogs to online retailing.
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