![]() ![]() We had a number of options, but we ultimately decided as a shareholder group that we would pursue the employee-owned business model. One of the first ever American IPAs and Harpoons flagship beer since 93. It’s a hot time in craft beer so we definitely had some private equity people, outside investors, and strategic buyers who had approached us about buying the business. About a year ago we started talking more earnestly about what we wanted to do with the company and Rich expressed some desire for more liquidity and to start pursuing other things. ![]() “Every successful private business faces this question. “Rich and I knew that we’d have to address this problem at some point,” Kenary says. Doyle, along with five other key investors, sold most of their shares in Harpoon and transferred them into an Employee Stock Ownership Plan (ESOP), equaling 48-percent of the company. Cofounder Rich Doyle has decided to step down as CEO, becoming a part-time employee focusing on sales and new business development, while his partner Dan Kenary takes over his former position. The Harpoon Brewery, the twelfth largest craft brewery in the country, will become an employee-owned company starting on August 1. That founding spirit lives on every day as we pour pints in the Beer Hall, take visitors on brewery tours, and share our passion for beer with fellow beer lovers. ![]() Please come and visit the brewery Harpoon was created to make great beer and welcome beer lovers. Harpoon’s employees celebrating inside their Boston brewery. Specialties: We specialize in brewing great beer and welcoming guests to our brewery Established in 1986. ![]()
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