November 3, 2015
Outdoor retailer L.L.Bean announced today they have named Stephen Smith as President and CEO. Mr. Smith will replace Chris McCormick, who has served as President and CEO since 2001 and is retiring at the end of the fiscal year, in February 2016. He will be the fourth President in L.L.Bean history, and the first outsider to lead the company. He comes to L.L.Bean with an extensive background in the retail industry, experience that spans customer relationship management, strategy, brand development, marketing, and merchandising across all channels.
October 1, 2015
Southern Maine Community College (SMCC) has named the newest building on its Midcoast Campus in honor of major support to the campus by L.L.Bean, Inc. and Leon and Lisa Gorman. The building, known as the L.L.Bean Learning Commons and Health Science Center, is the new hub of the campus, serving as a one-stop academic and student support center.
September 3, 2015
Gorman was appointed President of L.L.Bean in 1967, following the death of his grandfather, Leon Leonwood Bean. He served in that capacity for over 35 years, and he and the people of L.L.Bean transformed the $2.25 million company into the $1.61 billion enterprise it is today. He was named Chairman of the Board in 2001 and Chairman Emeritus in 2013.
July 30, 2015
L.L.Bean is set to expand its retail operation with the opening of its first Kansas store, scheduled to open November, 2015, just in time for the holidays.
July 27, 2015
The funds will be matched by the Town of Carrabassett Valley to provide funding for the continued development of a world-class mountain bike trail network in the Carrabassett Region.
July 6, 2015
Fast and Female, North America's premier not-for-profit organization dedicated to empowerment-through-sport for girls ages 8-18, is pleased to announce a brand-new, three-year partnership with L.L.Bean.