Bass Pro Shops CEO challenges ex-Cabela’s leaders to share ‘golden parachutes’

The founder of Bass Pro Shops wants former executives of its recently acquired competitor to share their “golden parachutes” with other staff members on the verge of unemployment.

Chief Executive Officer Johnny Morris challenged Cabela’s old leadership to fund a severance package for some of the 2,000 employees likely to lose their jobs at the retailer’s existing headquarters in Sidney, Nebraska. Cabela’s served as an economic anchor in the panhandle town of 6,700 residents until it merged with Bass Pro Shops in September.

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