WHITE RIVER JUNCTION, VT — Independent book publisher Chelsea Green announced that it has become an employee-owned company, with close to 80 percent of its stock to be held by its employees.
The transaction, completed on June 29, allows a minority portion of the company’s privately held stock to be held by Ian and Margo Baldwin, who founded Chelsea Green in 1984 on the south green in Chelsea, Vermont. Margo Baldwin is currently the company’s president and publisher and will retain that role for the foreseeable future.