patagonia works board of directorspatagonia works board of directors

0000009506 00000 n They wanted us to both protect the purpose of the business and immediately and perpetually release more funding to fight the environmental crisis. Executive headshots can be downloadedHERE. A Certified B Corporation, the company is recognized internationally for its commitment to product quality and environmental activismand its contributions of more than $110 million in grants and in-kind donations to date. I never wanted to be a businessman. 0000007081 00000 n The Patagonia Purpose Trust was created solely to protect our companys values and mission. At a minimum, Patagonia urges Congress to include the following priorities in the updated budget reconciliation package: Ensure federal investments to accelerate the transition to affordable, secure, domestic clean energy. Child-care stipends for parents who do not live near one of our child-care centers. Ryan Gellert, CEO of Patagonia and Patagonia board member said: Two years ago, the Chouinard family challenged a few of us to develop a new structure with two central goals. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. Finally, we request that the Final Report focus on the planning and programs needed to reach an ultimate goal: full recovery and delisting of endangered species. Further, Gellerts attentiveness and dedication to seeing others excel, and his passion for Patagonias product and activism, made him the right choice for the organizations next chapter. Now is the time for Patagonia to take the next logical step: to reach out beyond the framework of the apparel and outdoor industries. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. This is not an excuse to ignore the real tension well continue to face between growth and the environmental impact of our operations. by Patagonia. By providing your email address, you agree to our Privacy Policy and Terms of Service. No ones expectations of Patagonia are higher than our own. Rick Ridgeway VP Environmental Initiatives and Special Media Projects Ed Auman Business Unit Director- Fieldwear Ryan Gellert Chief Executive Officer Cory Bayers Vice President Global Marketing Yvon Chouinard Founder Could Patagonia Works be considered an incubator for environmentally and socially responsiblecompanies?Absolutely. The estimated base pay is $153,865 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. While were doing our best to address the environmental crisis, its not enough. We gave away 1% of sales each year. Each year, profits that are not reinvested back into the business will be distributed by Patagonia as a dividend to the Holdfast Collective to help fight the climate crisis. The petition requests that EPA require dam and reservoir facilitiesincluding hydropower facilitiesto report their annual GHG emissions to EPA and the public. Essential to this is ensuring a robust public process that allows time for a diversity and depth of input, especially during busy summer months (and subsistence seasons). Buy used, trade in and fix your gear through Worn Wear. Were in business to save our home planet. Web SpecialsSave on Gear for Your Next Trip. A copy of the rulemaking petition to EPA is attached, and we are happy to provide additional information on this issue. Everything we do needs to ladder back to our mission of being in business to save our home planet, and we need to do that in a way that is just, equitable and inclusive of all people. Thank you for your efforts to deliver a holistic solution to this problem. Alongside this announcement, Jenna Johnson has been promoted from leader of Patagonias technical outdoor biz to Head of Patagonia Inc. Press Release: Board of Directors & Advisory Board Environmental Defense Center . Some individual facilities emit large amounts of GHGs, at levels equal to or greater than the GHG emissions from equivalent coal- and gas-fired power plants. Our participation helps us to stay at the forefront in developing environmentally conscious textiles, and enables us to share our experience with others from our many years using organic cotton and recycled fabrics. Christopher van Tienhoven was appointed to the Patagonia Board on June 10, 2015. Today, my family and I are happy to launch $20 Million and Change, an internal fund to help like-minded, responsible start-up companies bring about positive benefit to the environment. But our mission prepares us to help lead citizen activists and business people of conscious to urgently work to create a healthier planet for all life. hb```b`` a`e````@ G d`5,,;V1cec`gc)4Ei[awY*YzX21Uu5?V=lO2f(cC"[@s*ECB-l[@NO.*`2U84fv&Gv:m3cSK[Tb.P8"")Qr)\vYsrGPbGMx ? This is what we can do. Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. The company announced today that Ryan Gellert will become CEO of Patagonia Works, the umbrella company for all its ventures, from clothing to smoked salmon to documentaries. 2430 0 obj <> endobj xref 2430 22 0000000016 00000 n Since 2014, he has elevated Patagonia to a position ofleadership in Europes outdoor industry and environmental communities. Create a free Patagonia account. Where restrictions exist, travel, lodging and food are covered. Please reach out if you have questions about any of the above comments. We are committed to the lifelong work of being more inclusive, being anti-racists is essential to our mission to save life on our home planet, said Kris Tompkins, who was Patagonias first CEO and currently serves on the companys board of directors. Everything we make has an impact on people and the planet. What a disaster that would have been. If we have any hope of a thriving planetmuch less a thriving business50 years from now, it is going to take all of us doing what we can with the resources we have. But these companies must share our core values and their work must help provide solutions to the environmental crisis. Jenna Johnson, who previously led Patagonias technical outdoor business, will serve as head of Patagonia, Inc., where she will oversee Patagonias apparel and equipment division as the company works to align its business more stronglywith its mission and sport communities. In . Ive made no secret that I hold a fairly skeptical view of the business world. Patagonia does not have a board of directors. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. PATAGONIA WORKS FISCAL YEAR 2013 7 In 2011, in preparation for our conversion to a benefit corporation, Patagonia developed specific public benefit purposes to reflect our values and mission. Williams will continue to report to the CEO in this critical new role. In 2018, we changed our official reason for being to amplify . In 2012 we became one of Californias first B Corps (benefit corporations), which means that the values that helped make our company successful are now etched into our legal charter. Concerned about the environmental impact? Founded by Yvon Chouinard in 1973, Patagonia Works (Patagonia) is a certified B Corporation based in Ventura, California. This is our purpose. Patagonia continues to be a for-profit business, a certified B Corp and a California benefit corporation, making the best-quality products and honoring its obligation to preserve the financial health of the company while always considering the impact our business has on employees, customers and communitiesand on the health and vitality of the natural world. Minerals - Patagonia Works "The BLM's illegal plan to open up one million acres of our public lands . The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and yoga, as well as other outdoor activities. Text STOP to cancel. Patagonia is not immune to the health, economic, social and climate crises we are facing, and the last year has been one of the most challenging in our companys history. 0000004050 00000 n Its been nearly 50 years since we began our experiment in responsible business, and we are just getting started. Subsidized, on-site high-quality child care. Despite the misguided opinions of this Court, were more determined than ever to save our home planet. The Willow Project is the largest oil extraction project currently proposed on U.S. federal lands. But this is our time, and as a company we are prepared to lead and to help citizen activists and businesspeople of conscience create a healthier planet for all life. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. We are committed to the lifelong work of being more inclusive, being anti-racists is essential to our mission to save life on our home planet, said Kris Tompkins, who was Patagonias first CEO and currently serves on the companys board of directors. And that bestows on our family a serious responsibility. Voting stock has both economic value and decision-making authority. Orders are shipped within 1-2 business days and arrive within 3-10 business days. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. 0000049731 00000 n Ambitions dont get much bigger than that. Introducing Patagonia Works, a new kind of holding company. Ambitions dont get much bigger than that. Save my name, email, and website in this browser for the next time I comment. Unfortunately, several participants at the hearing incorrectly characterized hydropower as a clean, carbon free resource. Bobby L. Rush, ChairmanHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2125 Rayburn House Office Building Washington, DC 20515, Fred Upton, Ranking MemberHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2322 Rayburn House Office Building Washington, DC 20515, Re: Hydropower Licensing Reform and Greenhouse Gas Emissions from Hydropower Facilities. Orders are shipped within 1-2 business days and arrive within 3-10 business days. Explore our guide to Patagonia. These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, The company projects that it will pay out an annual dividend of roughly $100 million, depending on the health of the business. We can save our planet if we commit to it. B Corps (benefit corporations) are a new kind of corporation legally required to: 1) have a corporate purposeto create a material positive impact on society and the environment; 2) redefine fiduciary duty to requireconsideration of the interests of workers, community and the environment; and 3) publicly report annuallyon overall social and environmental performance using a comprehensive, credible, independent, andtransparent third party standard. Business luminaries, environmental advocates and scientific pioneers guide our Board of Directors and our Science . He will be supported by our incredible leadership team, both new and ongoing, and staff of all levels, who have helped make our company what it is today. Seize the opportunity to lead the world in clean energy manufacturing and deployment to create jobs, strengthen supply chains and reduce costs for customers. He will be supported by our incredible leadership team, both new and ongoing, and staff of all levels, who have helped make our company what it is today. Truth be told, there were no good options available. Patagonia has 9 current employee profiles, including VP Environmental Initiatives and Special Media Projects Rick Ridgeway. Caring for employees is the responsibility of business. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. Sign up for exclusive offers, original stories, activism awareness, events and more. VENTURA, Calif. (September 24, 2020)Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. when the board of directors determines that doing so may produce a material positive impact on the environment. H\I0:.BD U@nh^ZzA"/U[ .5$`UG*G7-U\=,q#h9pw> /:$ 6`o*F*P` xXioo_B48 =7PnkxMAech9s"0`Ml~j.ji;y\F/\eZ{PpWa0~Y:jlO-w'!xYh=8~^US8J+wD. Patagonia's key executives include Ryan Gellert and 8 others. Why will each company under Patagonia Works beorganized as a B Corp? If we have any hope of a thriving planetmuch less a businessit is going to take all of us doing what we can with the resources we have.This is what we can do. What is the Holdfast Collective and what does it do? Two types of paid leave: 4 weeks of paid pregnancy disability leave and/or 12 weeks of paid parental bonding leave. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. Since 2014, he has elevated Patagonia to a position of leadership in Europes outdoor industry and environmental communities. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. OnStrategy facilitated the process to develop Patagonia's 2020-25 strategic direction. It will help ensure that there is never deviation from the intent of the founder and to facilitate what the company continues to do best: demonstrate as a for-profit business that capitalism can work for the planet. Ambitions dont get much bigger than that. /E}HMZ)&pRCyDi;8,:n}>t {FUv~S;,.]?mZg^eC0zweubvm!W~.}Anyn;UkfeCU8EjT]>^"k\BMUpI.lXcPcXcPcXcR!%["0[r/,KEEGGGGGGEE___`]"c^nn+,"#4p/Duw !t,c|i4 With 20 years as an outdoor industry professional, and as a lifelong climber and someone who enjoys biking, running and skiing, she has deep roots in Patagonias sport communities. 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We must aim for this ultimate goal: bringing wild species back to natural, self-sustaining abundance. But its also resilient. This unnecessary production would cause devastating, long-term destruction to the health of the planet and the Western Arctic ecosystem, which supports caribou, geese, loons, salmon, polar bears and bowhead whales, along with Indigenous communities who rely on these traditional food sources. h1 01K\Ax'MF[!!' (| endstream endobj 2431 0 obj <>/Metadata 172 0 R/Pages 163 0 R/StructTreeRoot 174 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2432 0 obj <>/Font<>/ProcSet[/PDF/Text]/Properties<>/XObject<>>>/Rotate 0/StructParents 8/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 2433 0 obj <> endobj 2434 0 obj <> endobj 2435 0 obj <> endobj 2436 0 obj <> endobj 2437 0 obj <>stream But Patagonia Works has been organized primarily to incubate new companies or investments that will, through an infusion of common values, make good on our commitment to save our home planet.. Notably, a 2020 scientific study co-authored by a U.S. Environmental Protection Agency (EPA) researcher estimated that reservoirs in Ohio are the states fourth largest anthropogenic source of methane emissions.3. Patagonia Board of Directors Names Ryan Gellert Chief Executive Officer of Patagonia Works and Promotes Jenna Johnson to Lead Patagonia Inc. Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. Patagonia is a Certified Benefit Corporation that has contributed more than $145 million to grassroots nonprofits working to protect people and the planet. Track orders, save products, easy hassle-free returns & exchanges. Our Board of Directors Carolyn Shafer, President, has been part of the PARA board since 2012. These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, Everything we do needs to ladder back to our mission of being in business to save our home planet, and we need to do that in a way that is just, equitable and inclusive of all people. If you are using a screen reader and having difficulty please call us at 1-800-638-6464. We started with our products, using materials that caused less harm to the environment. 2023 Patagonia, Inc. All Rights Reserved. This reporting will allow regulators, policymakers, and the public to have access to accurate and timely information on these facilities GHG emissions. Patagonia covers the cost of medical insurance for all part-time and full-time employees; we offer the same high-quality health plans to all employees: U.S. employees on our health plans are covered for abortion care. Its unique ownership structure reflects that Earth is its only shareholder: Profits not reinvested back into the business are paid as dividends to protect the planet. Everything we make has an impact on people and the planet. During that time, heelevated Patagonia to a position of leadership in Europes outdoor industry and environmental communities, overseeing all sales, marketing, environmental and operational activities for the brand. Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source. 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