patagonia works board of directors
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. Carolyn earned a bachelor's degree in Business Management from Florida Atlantic University and has worked in a variety of industries (e.g., law firms, power line construction, public charter school, art gallery). Everything we make has an impact on people and the planet. We started with our products, using materials that caused less harm to the environment. Patagonia Inc. Patagonia, Inc. operates as an apparel store. Why will each company under Patagonia Works beorganized as a B Corp? 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. Everything we make has an impact on people and the planet. September 24, 2020 0000006513 00000 n trailer <<01B69396AD8144B882DB6E07C9094736>]/Prev 218095/XRefStm 1559>> startxref 0 %%EOF 2451 0 obj <>stream 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. 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. The Holdfast Collective (Collective for short) will use every dollar received to fight the environmental crisis, protect nature and biodiversity, and support thriving communities, as quickly as possible. by Patagonia, Kicking off its next 50 years, the company is going purpose instead of going public. Orders are shipped within 1-2 business days and arrive within 3-10 business days. No ones expectations of Patagonia are higher than our own. Text STOP to cancel. 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. Soon after, the website Patagonia.com was updated to state that Earth is now our only shareholder and to include a letter from founder Yvon Chouinard. Patagonia Works could be an investor, or joint-venture partner. Start-up or angel investments may be made in companies outside Patagonia Works that are not B Corps,members of 1% for the Planet or subscribers to a social and environmental performance index. 100% of co-pay costs for mental health visits are covered. The estimated additional pay is $106,537 per year. 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. wBDX4@m@4QP^ ty.`9 h$30B@l & c}/NL/%2k0[2n:xQ1S)(LNd"QJjFcN=BiEg`hb~6EeM?xTe` z endstream endobj 2450 0 obj <>/Filter/FlateDecode/Index[174 2256]/Length 67/Size 2430/Type/XRef/W[1 1 1]>>stream 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. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. BY Sophie Mellor. 2430 0 obj <> endobj xref 2430 22 0000000016 00000 n We can save our planet if we commit to it. 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This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. Since 2014, he has elevated Patagonia to a position ofleadership in Europes outdoor industry and environmental communities. Ryan Gellert, CEO of Patagonia and Patagonia board member said: Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. 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. Weve pledged 1% of sales to the preservation and restoration of the natural environment. Ryan is the right person with the best experience and leadership approach to guide our company. Yvon Chouinard, Patagonia founder, former owner, and current board member said: Its been a half-century since we began our experiment in responsible business. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. 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. 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. What is $20 Million & Change?$20 Million & Change is the internal fund set up by Patagonia Works to help like-minded start-up companies. Continuing to disregard this issue would ignore an important factor regarding future hydropower decisions and further exacerbate the climate 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. 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. Here's how it works: 100% of the company's voting stock transfers to the Patagonia Purpose Trust, created to protect the company's values; and 100% of the nonvoting stock had been given to the Holdfast Collective, a nonprofit dedicated to fighting the environmental crisis and defending nature. Weve pledged 1% of sales to the preservation and restoration of the natural environment. an organization of companies that produces more than a third of the clothing and footwear on the planet. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. 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. 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. But are these incentives worth packing a moving van? Need it sooner? What a disaster that would have been. Subsidized, on-site high-quality child care. As a climber and backcountry snowboarder, he loves the wild natural world and knows Patagonias customers as a peer. And while there will be more tough days ahead as we challenge norms, I am excited to do the work alongside Patagonias talented and passionate professionals. 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. 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 0000010398 00000 n What is the Holdfast Collective and what does it do? Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. Caring for employees is the responsibility of business. Patagonias new owners are the Holdfast Collective and the Patagonia Purpose Trust. The executive who had overseen the organization's business in Europe, the Middle East and Africa since 2014 now heads the. Patagonia will remain a B Corp and continue to give one percent of sales each year to grassroots activists. The stakes could not be higher. Gellert has served as the brand's general manager of Europe, the Middle [] Patagonia Works is the holding company for Patagonia, Inc. (apparel and equipment), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), Lost Arrow Solutions (government), Fletcher Chouinard Designs, Inc. (surfboards), Tin Shed Ventures, LLC (investments), and Worn Wear, Inc. (used and upcycled apparel). Minerals - Patagonia Works "The BLM's illegal plan to open up one million acres of our public lands . September 15, 2022, 5:30 AM PDT. 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. Patagonia Works will also serve as an umbrella for new businesses the company invests in or develops in the future. Patagonia will continue to donate 1% of sales each year to grassroots environmental nonprofits. 0000004050 00000 n /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 Text HELP for help. Truth be told, there were no good options available. Were in business to save our home planet. 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. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. The negotiations over the Build Back Better budget reconciliation package have identified a critical list of funding priorities to help address the climate crisis and move our country toward President Bidens goal of 100 percent clean electricity by 2035, which will be even more important in the wake of last weeks Supreme Court decision in the West Virginia v. EPA case. Please remove some items to proceed. Quinney College of Law at the University of Utah; an MBA from the Florida Institute of Technology; and a BSBA in finance from the University of North Carolina at Charlotte. View Ironclad Guarantee Know how your clothes are made. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. As we began to witness the extent of global warming and ecological destruction, and our own contribution to it, Patagonia committed to using our company to change the way business was done. 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. Two types of paid leave: 4 weeks of paid pregnancy disability leave and/or 12 weeks of paid parental bonding leave. Despite its immensity, the Earths resources are not infinite, and its clear weve exceeded its limits. Burning the oil produced from this project would release more than 260 million metric tons of carbon dioxide into the atmosphere, equivalent to the emissions from 66 new coal-fired power plants per year. Despite the misguided opinions of this Court, were more determined than ever to save our home planet. The world is literally on fire. And, I am certain we will also have some fun along the way.. Patagonia Works is the holding company for Patagonia, Inc. (apparel and equipment), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), Lost Arrow Solutions (government), Fletcher Chouinard Designs, Inc. (surfboards), Tin Shed Ventures, LLC (investments), and Worn Wear, Inc. (used and upcycled apparel). Patagonia is a Certified Benefit Corporation that has contributed more than $145 million to grassroots nonprofits working to protect people and the planet. Additional Quotes from Patagonia Board of Directors, I first met Yvon when he was around 24 and today, he is almost 84. Deb Haaland Regarding Willow Project, Earthjustice Letter to Reps. 949, 94950, 95461 (Nov. 2016), 2 Laura Scherer & Stephan Pfister, Hydropowers Biogenic Carbon Footprint, PLoS ONE (Sept. 14, 2016), 3Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. It will help ensure that there is never deviation from the intent of the founder and to facilitate what the company continues to do best: demonstrate as a for-profit business that capitalism can work for the planet. Patagonia Board of Directors Names Ryan Gellert Chief Executive Officer of Patagonia Works and Promotes Jenna Johnson to Lead Patagonia, Inc. September 24, 2020 by Patagonia VENTURA, Calif. (September 24, 2020) Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. oIRcOk#v'lXvCuJp< x,Z.E>BZ,M@rcl./Na)&l 9m7e^T+%8m40**IjibSe >x2z)g$M^( KsT\)GHSqxlpJ :N;]H:n` ^ endstream endobj 2439 0 obj <>stream A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Nonvoting stock carries economic value but not decision-making authority. Our Company History - Patagonia Shop Activism Sports Stories Company History We guarantee everything we make. Like Lost Arrow Corporation, Patagonia Works will offer its member companies value through collective services such as accounting, legal, human resources, etc. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. Biogeosciences 12, 19 (2020), Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. Ryan has lived and worked in the United States, Asia and Europe. 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. How does Patagonia, the clothing brand, fit into Patagonia Works?Patagonia will live under the Patagonia Works umbrella. 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.. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. You have exceeded the maximum number of line items for your cart (50). Three months after the somewhat sudden resignation of Rose Marcario, who led the company for 12 years, Patagonia has named Ryan Gellert as its new CEO of Patagonia Works, the umbrella company for all its ventures, from clothing to smoked salmon to documentaries. 0000001780 00000 n And that bestows on our family a serious responsibility. The company projects that it will pay out an annual dividend of roughly $100 million, depending on the health of the business. 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. Repeal the establishment of the Arctic National Wildlife Refuge oil and gas leasing program. Patagonia Works ("Patagonia") is an outdoor apparel company with an almost 50-year history of environmental conservation and activism. Patagonia Board of Directors Names Ryan Gellert Chief Executive Officer of Patagonia Works and Promotes Jenna Johnson to Lead Patagonia, Inc. 0 By Angling Trade on 09/25/2020 Industry News, People News Ryan Gellert Jenna Johnson From Patagonia: Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. Acting together, Patagonia's board and the Patagonia Purpose Trust will work for the company's continued success over the long term while ensuring it stays true to its purpose and values. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. 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. The Holdfast Collective owns all the nonvoting stock (98 percent of the total stock), and it will use every dollar received from Patagonia to protect nature and biodiversity, support thriving communities and fight the environmental crisis. 208 Criminal Trespass Amendments. Taldi serves on the Board of Directors of the . For example, a scientific study shows that Hoover Dam and Lake Mead emit approximately 12.3 million metric tons of carbon dioxide equivalent (CO2e) annually, while Kentucky Lake annually emits over 1.8 million metrics tons of CO2e.2 Moreover, the collective GHG emissions of dams and reservoirs are significant. Her work focuses on fostering collaborative partnerships with a number of national nonprofits and decision-makers at the federal level to ensure access to and infrastructure for inspiring outdoor recreation opportunities. (Podcast). Concerned about the environmental impact? He has extensive experience working with direct action environmental groups, having served on the boards of Access Fund, Protect Our Winters, the European Outdoor Group and the Soil Heroes Foundation. Gellert has overseen . As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. 21, 2022), Twitter Instagram Facebook Google+ | Patagonia.com, Environmental justice, conservation and business groups, Letter to President Biden Regarding Willow Project, NEXT Energy Technologies Installs Energy-Generating Windows on Outdoor Retailer Patagonias Headquarters, Patagonia North America to close for last week of year, After 33 Years, Argentina Declares Historic Win for People and Planet, Funding Will Help Indigenous Communities Relocate to More Climate-Resilient Locations, Patagonia Opposes Pit Gravel Mine and Asphalt Plant Near the Madison River, Patagonia to young voters: you scare them, PATAGONIAS NEXT CHAPTER: EARTH IS NOW OUR ONLY SHAREHOLDER, Patagonia's Official Comment on Willow Project, Statement from Patagonia CEO Ryan Gellert on Utah Officials' Bears Ears, Grand Staircase-Escalante Lawsuit, Legal Agreements Block Drilling, Fracking Across 1 Million Acres in Central California, Letter in Support of Breaching Lower Snake River Dams, Petition-for-rulemaking-to-add-dams-and-reservoirs-as-a-source-category-under-the-Greenhouse-Gas-Reporting-Program.pdf (tellthedamtruth.com), Letter to Sen. Schumer Regarding Budget Reconciliation, Statement from Patagonia CEO Ryan Gellert on U.S. Supreme Court Decision West Virginia v. EPA, Letter to Sec. No ones expectations of Patagonia are higher than our own. I dont like to think of myself as a businessman. It owns all of the voting stock of the company, which gives it the right to approve key company decisions, like who sits on the board of directors and what changes can be made to the companys legal charter, including its reason for being and B Corp commitments. 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. The company has pulled its vests and jackets after a co-owner of the resort hosted a right-wing fundraiser with, among others in attendance, Rep. Marjorie Taylor Greene. Three examples: Every year for 30 years, Patagonia has donated one percent of its sales to grassroots environmental organizations. Yes. The Willow Project calls for construction of up to five drill pads with up to 50 wells on each pad, a road system, an airstrip, pipelines, a gravel mine and more. Twitter Instagram Facebook Google+ | Patagonia.com. ` endstream endobj 2438 0 obj <>stream Additional Quotes from Patagonia Board of Directors . Additionally, all companieswill have direct sales as a component. Will Patagonia Works continue to donate one percent of sales to grassroots environmental groups?Absolutely. 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. 21, 2022). Ryan is the right person with the best experience and leadership approach to guide our company. Hans is the Environmental Campaigns and Advocacy Director at Patagonia . A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Patagonias mission statement inspired the creationof Patagonia Works, and that mission statement will be infused into each company and brand extensionwithin Patagonia Works. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Sincerely, Michael HiattSenior Attorney Earthjustice, 1 See, e.g., Bridget Deemer et al., Greenhouse Gas Emissions from Reservoir Water Surfaces: A New Global Synthesis, 66 BioSci. 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. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. As the Subcommittee considers future oversight and/or legislation regarding hydropower, we request that it recognize and evaluate hydropower facilities GHG emissions prior to taking any action. Seize the opportunity to lead the world in clean energy manufacturing and deployment to create jobs, strengthen supply chains and reduce costs for customers. The Final Report must address the fact that dams contribute significantly to climate change through emissions and amplification of other climate impacts. Family members will continue to sit on Patagonias board, along with Kris Tompkins, Dan Emmett, Dr. Ayana Elizabeth Johnson, Charles Conn (chair of the board), and Ryan Gellert, our CEO. We will keep doing all of the great things that built Patagonia, and the company will keep doing its best to be a great employer. Williams will continue to report to the CEO in this critical new role. 0000009506 00000 n Need it sooner? Save my name, email, and website in this browser for the next time I comment. Ryan is the right person with the best experience and leadership approach to guide our company. Employees are at the core of Patagonias success and this new ownership structure is an irrevocable commitment to protect the purpose and values that attracted all of us to the company in the first place. 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. 0000003522 00000 n Most significantly, every dollar that is not reinvested back into Patagonia will be distributed as dividends to protect the planet. Angling Trade E-Survey: Whats the ideal age to start teaching a kid fly fishing? Introducing Patagonia Works, a new kind of holding company. Twitter Instagram Facebook Google+ | Patagonia.com. They wanted us to both protect the purpose of the business and immediately and perpetually release more funding to fight the environmental crisis. Twitter Instagram Facebook Google+ | Patagonia.com. He wanted to do things his own way and on his own terms. 0000013972 00000 n Patagonia has been breaking the mold for decades, and now they have shattered it. 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. Patagonia has long taken. Were making Earth our only shareholder. Child-care stipends for parents who do not live near one of our child-care centers. Flexible shipping options are available. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. %PDF-1.4 % 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. Patagonia's Chief Executive Officer is Ryan Gellert. 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. Do not live near one of our child-care centers were more determined than to. Our home planet if we commit to it Patagonia has been breaking the mold for decades and! Ignore an important factor regarding future hydropower decisions and further exacerbate the climate crisis models! Industry and environmental activism in the United States, Asia and Europe 22 0000000016 00000 n Most significantly Every! > stream additional Quotes from Patagonia Board of Directors, I first met Yvon when was. 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