who owns columbia sportswear company

Who Owns Columbia Sportswear Company?

Columbia Sportswear Company is one of the leading outdoor apparel and footwear companies in the world. The company is known for its high-quality products and innovative designs that cater to outdoor enthusiasts. Founded in 1938 by Paul Lamfrom, Columbia Sportswear Company has grown over the years to become a global brand, with a presence in over 100 countries worldwide. The company has had several owners over the years, and in this article, we will explore who currently owns Columbia Sportswear Company and how it has changed hands over the years.

The Early Years of Columbia Sportswear Company

Paul Lamfrom founded Columbia Sportswear Company in 1938 after fleeing Nazi Germany. Lamfrom was a Jewish immigrant who settled in Portland, Oregon, and began making waterproof jackets, hunting vests, and other outdoor gear. He named the company Columbia Hat Company after the Columbia River that flows through Oregon. The company initially produced hats, but in the 1940s, the focus shifted to outdoor clothing and footwear.

In 1960, Paul Lamfrom's daughter Gert Boyle took over the company after her husband died. Gert Boyle is known for her role in transforming Columbia Sportswear Company into a global brand.

Gert Boyle Takes the Reins

Gert Boyle was a force to be reckoned with. She took over Columbia Sportswear Company at a time when the company was struggling financially. Under her leadership, the company underwent a transformation, with a focus on innovation and quality. She introduced new products, such as the Bugaboo jacket, which became a bestseller, and expanded the company's presence globally. As a result of her efforts, Columbia Sportswear Company became one of the leading outdoor apparel and footwear brands in the world.

Gert Boyle remained at the helm of Columbia Sportswear Company until her death in 2019 at the age of 95. Her legacy lives on, as Columbia Sportswear Company continues to grow and innovate under the guidance of her family.

Who Owns Columbia Sportswear Company Today?

Columbia Sportswear Company is a publicly traded company, meaning that it is owned by its shareholders. The company went public in 1998, and its shares are listed on the NASDAQ stock exchange. Columbia Sportswear Company has a market capitalization of over $8 billion as of 2021.

The majority of Columbia Sportswear Company's shares are held by members of the Boyle family. Gert Boyle's son, Tim Boyle, is the current CEO of the company, and her grandson, Joe Boyle, is the company's president. The Boyle family continues to play an active role in the company's operations, with several family members holding executive or board positions.

Final Thoughts

Columbia Sportswear Company's success is a testament to the entrepreneurial spirit of its founder, Paul Lamfrom, and the leadership of Gert Boyle. The company has had several owners over the years, from Paul Lamfrom to Gert Boyle to the Boyle family. Today, Columbia Sportswear Company is a publicly traded company that is owned by its shareholders, with the majority of shares held by the Boyle family. With a focus on innovation and quality, Columbia Sportswear Company continues to be a leader in the outdoor apparel and footwear industry.

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