Bass Pro CEO says he won't make 'false promises' that all jobs are safe at Cabela's Sidney HQ
Bass Pro Shops Chief Executive Johnny Morris said he wouldn’t make “false promises” that all jobs are safe at Cabela’s Sidney, Nebraska, headquarters, where he addressed some employees Tuesday.
But he reassured the workers that some operations would remain in the company’s hometown and throughout Nebraska after Bass Pro last week said that it would take over Cabela’s. Morris made the remarks in closed meetings with Cabela’s employees. The World-Herald obtained an audio recording of the remarks.
Morris also addressed a report in Saturday’s World-Herald that quoted finance and legal experts as saying that a Bass Pro pledge to keep “important bases of operations” in Nebraska isn’t legally binding. “It is mostly puff and fluff,” one finance professor said of the Bass statement.
Morris took issue with the characterization. “We feel our word does have meaning,” he said, “and we don’t take that lightly.”
Read more: http://www.omaha.com/money/bass-pro-ceo-says-he-won-t-make-false-promises/article_66a00f5a-9008-11e6-9571-27eae2ca09c0.html