Taylor Guitars Master Guitar Designer and Partner Andy Powers explains the company’s decision to transition into 100-percent employee ownership through an Employee Stock Ownership Plan (ESOP) and what it means for the company going forward. He also discusses how this decision will impact the company’s succession plan for the next generation of leadership, the continued involvement of his fellow partners Bob Taylor and Kurt Listug following the transition, and why the change in the company’s ownership structure will not affect its established business relationships with dealers and retailers.
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