Mud Bay goes employee-owned

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Marissa Brent-Tookey

Marissa Brent-Tookey Jan 12, 2018

Jan 12, 2018

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                <h1>Mud Bay goes employee-owned</h1>
                <h2><p>Tumwater-based pet supply company Mud Bay is swapping out its traditional business model in favor of stock options for its employees, reports PSBJ. It's yet another bold move from a company who started out in 1988 selling everything from pop tarts to fertilizer, moved on to homemade dog</p></h2>
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               <p>By <a href="/author/marissa-brent-tookey-crosscut-com/">Marissa Brent-Tookey</a></p> 
              <p><time datetime="2025-02-04T05:00:00-08:00">Jan 12, 2018</time></p>
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            <p>Tumwater-based pet supply company <a href="http://mudbay.com/?ref=dev.cascadepbs.org">Mud Bay</a> is swapping out its traditional business model in favor of stock options for its employees, <a href="http://www.bizjournals.com/seattle/news/2015/07/28/seattle-pet-supply-chain-mud-bay-to-convert-to.html?ref=dev.cascadepbs.org">reports PSBJ</a>. It's yet another bold move from a <a href="http://mudbay.com/history?ref=dev.cascadepbs.org">company who started out in 1988 selling everything from pop tarts to fertilizer</a>, moved on to homemade dog biscuits, and eventually developed into a chain specializing in natural pet food. Under the new policy, Mud Bay's 320 employees will become co-owners, entitled to shares until they quit or retire.</p>
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Tumwater-based pet supply company Mud Bay is swapping out its traditional business model in favor of stock options for its employees, reports PSBJ. It's yet another bold move from a company who started out in 1988 selling everything from pop tarts to fertilizer, moved on to homemade dog biscuits, and eventually developed into a chain specializing in natural pet food. Under the new policy, Mud Bay's 320 employees will become co-owners, entitled to shares until they quit or retire.

By Marissa Brent-Tookey

Marissa Brent-Tookey is an editorial intern at Crosscut. She holds a B.A. in French from Seattle University and now studies film production at Shoreline Community College. In addition to crewing a doz