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L.L. Bean's Leon Gorman Dies At 80

Leon Gorman, who led L.L. Bean after the company's founder, his grandfather, died, has passed away at 80. Gorman led the Maine-based company as CEO or chairman for 46 years before retiring from L.L. Bean as chairman of the board in 2013. He transformed L.L. Bean from a catalog company with a single retail store and 100 employees into a multi-channel retailer with more than 5,000 employees and sales topping $1.5 billion. 

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