62 F
Laguna Hills
Friday, Jul 10, 2026

CONSUMER: FRANCISCO MORALES

CO-FOUNDER, CEO
5.11

WHY: Co-founded Irvine-based outdoor apparel company 5.11 two decades ago; CEO since September 2018.

IN THE NEWS: Struck a deal to move HQ to Costa Mesa’s Canvas office campus along Bristol Street. It’s leasing nearly 40K square feet at the EQ Office-run complex. 5.11 is a unit of Westport, Conn.-based Compass Diversified (NYSE: CODI). Opened 100th store in
Oxnard in September.

QUOTABLE: “We are embracing the opportunity for our people to work from anywhere—hence, the importance of having an inspiring space to collaborate in person,” Morales said in February.

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