Tuesday, November 22, 2022

Jeff Kloha could have a new boss soon at the Augean stables of Hobby Lobby

Old Concordia Seminary classmate Kloha, who signed on in mid-2020 to clean up the Augean stables at Hobby Lobby's Museum of the Bible, over the Dead Sea Scrolls forgery and other things, will apparently have a new boss in the future.

"Inspired" by Patagonia founder Yves Chouinard saying that he was going to "donate" Patagonia to a nonprofit trust (while not mentioning this made for some great family tax breaks, explained without a paywall here and here), Hobby Lobby founder David Green said last month he was doing the same. (And probably for the same reason, in large part.)

Indeed, Green is only two years younger than Chouinard and was likely to hand off Hobby Lobby anyway. And, he may get an even bigger tax savings. Per Wiki's articles on the two companies, Hobby Lobby has 3x the sales revenue.



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