Gibbs Smith
Entertainment & Recreation
Gibbs Smith is a 100% employee-owned independent publisher and distributor headquartered in Layton, Utah. Founded in 1969 by Gibbs and Catherine Smith, the company began as Peregrine Publishers in Santa Barbara, California, before relocating to a converted barn in Utah in 1973. Over the decades, Gibbs Smith has grown into a multifaceted publishing house, encompassing Gibbs Smith Book & Gift and Gibbs Smith Education, and distributing titles for partners like Lil' Libros and Angel City Press. Today, the company employs over 80 employee-owners across the United States.
Gibbs Smith became employee-owned in 2015 when it implemented an Employee Stock Ownership Plan (ESOP), selling 50% of the company to its employees. In 2022, the ESOP acquired the remaining 50% from co-founder Catherine Smith, making Gibbs Smith fully employee-owned. This transition was driven by the founders' desire to ensure the company's longevity and to align ownership with the collaborative culture they had cultivated. This ownership model strengthens Gibbs Smith's commitment to its mission of enriching and inspiring humankind through its publications.
Gibbs Smith is an employee-owned company headquartered in Kaysville, Utah.
Gibbs Smith is an employee-owned company.
While they are not certified, based on Department of Labor 5500 fillings and other third-party data sources, we believe their ESOP meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Worker Cooperative meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Employee Ownership Trust meets our standards of significant and broad-based employee ownership.
While they are not certified, we believe they meet our standards of significant and broad-based employee ownership.