Pacific Outdoor Living is now employee owned. At the end of 2017, Pacific Outdoor Living made an important structural change to the company. With the help of Terry Morrill, the owner, and his two sons, Chad and Trent, Pacific Outdoor Living is now an ESOP. An employee stock ownership plan, or ESOP for short, gradually allows the employees to purchase parts of the company. The employees buy pieces of the company from the owners. Becoming increasingly popular, Pacific Outdoor Living now joins over 10,000 other companies in the United States as an employee owned business.