Barbour transitions to employee stock ownership plan
Uhrichsville, OH—Barbour Publishing is pleased to announce its transition to an employee owned company effective June 30, 2017.
“The incredibly talented Barbour team is responsible for the success of the company through the years,” says company President & CEO Timothy H. Martins. “The ESOP provides a long-term business succession path that ensures opportunity for all employees to benefit from continued success in the years to come.”
No immediate changes to the company’s management team or business strategy are planned in connection with the ESOP formation. Martins will continue as Chief Executive Officer and Chairman of the Board of Directors. The company will continue to operate from its 60,000 square foot office and distribution facility in Uhrichsville, Ohio.
Barbour Publishing, founded by industry veteran Hugh R. Barbour in 1981, was acquired by company CEO Timothy H. Martins in October 2000. The company publishes 180-200 books and Bibles a year focused on inspiring the world with the life-changing message of the Bible.
Media Contact: Shalyn Sattler
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