Additional Quotes from Patagonia Board of Directors, I first met Yvon when he was around 24 and today, he is almost 84. 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. An avid climber and backcountry snowboarder, Ryan has climbed and ridden all over the world. Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source. What is the Holdfast Collective and what does it do? It will make the company more competitive and its employees around the world will forever be empowered by purpose. Kristine McDivitt Tompkins, Every time you read a new scientific report, it's clear the climate crisis is happening faster than we thought and it's worse than we thought. 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. If we have any hope of a thriving planet 50 years from now, it demands all of us doing all we can with the resources we have. Its been nearly 50 years since we began our experiment in responsible business, and we are just getting started. 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. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. If you are using a screen reader and having difficulty please call us at 1-800-638-6464. 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. /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 The Willow Project is the largest oil extraction project currently proposed on U.S. federal lands. They are the future of business if we want to build a better world, and that future starts with what Yvon is doing now. Charles Conn, chair of the board, As founder of a company that has been in business for nearly 50 years, Ive seen the positive and negative impact a business can have on its communities and employees. by Patagonia. Executive headshots can be downloadedHERE. 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. Web SpecialsSave on Gear for Your Next Trip. The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. In contrast, current law requires corporations to prioritize the financialinterests of shareholders over the interests of workers, communities and the environment.In January 2012, Patagonia Inc. was one of the first companies in California to register as a B Corp. Eachcompany under the Patagonia Works will have a common, ethos-led mission and will register as a B Corp toensure that its values live in perpetuity. 0000001931 00000 n
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. Please remove some items to proceed. Current Lower Snake River Dam fish mitigation measures rely heavily on hatchery production and non-volitional fish passage programs. The petition requests that EPA require dam and reservoir facilitiesincluding hydropower facilitiesto report their annual GHG emissions to EPA and the public. Buy used, trade in and fix your gear through Worn Wear. Save my name, email, and website in this browser for the next time I comment. 0000013972 00000 n
They will also guide the philanthropic work performed by the Holdfast Collective. Earthjustice appreciates the Subcommittees focus on increasing the role of Tribes and Native groups in hydropower development, and the recognition that hydropower facilities cause significant harms to fish, wildlife, and ecosystems. OnStrategy facilitated the process to develop Patagonia's 2020-25 strategic direction. We helped initiate the Sustainable Apparel Coalition. By providing your email address, you agree to our Privacy Policy and Terms of Service. 0000049772 00000 n
Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. The funding will come from Patagonia: Each year, the money we make after reinvesting in the business will be distributed as a dividend to help fight the crisis. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. Each will be organized as a B Corp (benefit corporation), be amember of 1% for the Planet and utilize the Higg Index or other appropriate footprint-based measurementof social and environmental performance. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. Ryan is the right person with the best experience and leadership approach to guide our company. 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. h1 01K\Ax'MF[!!' (|
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I believe this plan that he and his family helped create is tectonic. He also launched Patagonia Action Works in the region,an online tool to connect people with local and global environmental groups, allowing them to take action on causes they care about. 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. Weve pledged 1% of sales to the preservation and restoration of the natural environment. Subsidized, on-site high-quality child care. 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. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. Prior to his time at Patagonia, Gellert was president of Black Diamond, where he worked for nearly nine years and prior was a volunteer legal intern with the ACLU of Utah. . The work ahead promises to be more important and satisfying than anything we have done so far, and we are beyond excited for what the future holds.. View Robert Tadlock's business profile as IP Counsel & Director, Brand Protection at Patagonia. 0000004835 00000 n
Child-care stipends for parents who do not live near one of our child-care centers. 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. 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. 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. Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. They wanted us to both protect the purpose of the business and immediately and perpetually release more funding to fight the environmental crisis. 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. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Message and data rates may apply. The estimated additional pay is $106,537 per year. Patagonia has long taken. Now is the time for Patagonia to take the next logical step: to reach out beyond the framework of the apparel and outdoor industries. I never wanted to be a businessman. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. `
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The Holdfast Collective owns 98% of the company and all of the nonvoting stock. Some Patagonia Works investments could be smaller seed investments to fledgling, responsiblecompanies in need of capital. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Orders are shipped within 1-2 business days and arrive within 3-10 business days. In 2000, Kristine Tompkins founded Conservacion Patagonica. 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. Text STOP to cancel. Patagonia Board of Directors Names Ryan Gellert Chief Executive Officer of Patagonia Works and Promotes Jenna Johnson to Lead Patagonia, Inc. From Patagonia: Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. But while we and others do take meaningful steps to mitigate the impact we have on the planet, Patagonias new ownership structure introduces a new model that goes far beyond anything that exists today. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. The company is owned by Chouinard and Tompkins, who are the co-founders. Track orders, save products, easy hassle-free returns & exchanges. By providing your email address, you agree to our Privacy Policy and Terms of Service. 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. 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. Child-care support for parents on work trips. No. Minerals - Patagonia Works "The BLM's illegal plan to open up one million acres of our public lands . Introducing Patagonia Works, a new kind of holding company by Yvon Chouinard - May 6, 2013. . Find contact's direct phone number, email address, work history, and more. 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. 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 strongly with its mission and sport communities. Please reach out if you have questions about any of the above comments. Whats changed now is that the company has additional stewardship from the Patagonia Purpose Trust. Sign up to receive our bi-monthly email newsletter. 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. 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 o Annual and projected carbon equivalent emissions from mitigation programs, including fish hatcheries, non-volitional fish passage, and sediment management. And while he is in good health now, he wanted to have a plan in place for the future of the company and the future of the planet. During his 25 years' experience in the mining industry, Mr. van Tienhoven worked for the majority of his career with the Anglo American group in various countries, culminating as Country Manager and President of Anglo Gold Ashanti's Cerro Vanguardia mine. 2023 Patagonia, Inc. All Rights Reserved. Its unique ownership structure reflects that Earth is its only . 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. Text STOP to cancel. We are committed to the lifelong work of being better anti-racists and to being more inclusive as we live up to our mission of saving the planet, said Kris Tompkins, who was Patagonias first CEO and currently serves on the companys board of directors. 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. Patagonia respectfully asks the Bureau of Land Management and Biden Administration to require a comprehensive review of the climate and conservation consequences of the Willow Project. Text HELP for help. 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. Ryan Gellert as CEO and the leadership team, together with all of Patagonias employees, will continue to run the business under the direction of the board of directors. I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. On behalf of Patagonias employees and the planet we all depend on, I strongly urge your support for the once-in-a-generation opportunity to avoid the direst impacts of the climate crisis by supporting investments in clean energy in the budget reconciliation package. One option was to sell Patagonia and donate all the money. No ones expectations of Patagonia are higher than our own. 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. Learn more about our environmental and social responsibility program. I am honored and humbled by the opportunity andkeenly aware of the responsibility to lead this company in this critical time, stated Gellert. Biogeosciences 12, 19 (2020), 4Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. H\n0~ But we couldnt be sure a new owner would maintain our values or keep our team of people around the world employed. Now I want to know, which companies will be next to step up? Dr. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. The executive who had overseen the organization's business in Europe, the Middle East and Africa since 2014 now heads the. September 24, 2020 The work ahead promises to be more important and satisfying than anything we have done so far, and we are beyond excited for what the future holds.. Unfortunately, several participants at the hearing incorrectly characterized hydropower as a clean, carbon free resource. And, I am certain we will also have some fun along the way.. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. %PDF-1.4
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Taldi serves on the Board of Directors of the . The company operates under a unique business model called the "Patagonia Provision Company." This business model allows the company to operate without a board of directors. As a 501(c)(4) not-for-profit organization, the Collective can advocate for causes and political candidates in addition to making grants and investments in our planet. VENTURA, Calif. (September 24, 2020)Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. Despite its immensity, the Earths resources are not infinite, and its clear weve exceeded its limits. September 14, 2022 Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. Why will each company under Patagonia Works beorganized as a B Corp? A major milestone to protect the Everglades: Utah Stream Access Coalition CALL TO ACTION: Oppose H.B. 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. an organization of companies that produces more than a third of the clothing and footwear on the planet. This is not an excuse to ignore the real tension well continue to face between growth and the environmental impact of our operations. The Patagonia Purpose Trust was created solely to protect our companys values and mission. This commitment is part of our business charter, which means it now cant be changed without the approval of the Patagonia Purpose Trust. 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. 11 ; Sharing Best Practices . This is what we can do. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. I am dead serious about saving this planet.. Gellert has overseen . Before joining Patagonia, he spent 15 years at Black Diamond Equipment, where he held a number of roles, including brand president, vice president of supply chain management and managing director of Black Diamond Asia. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. No ones expectations of Patagonia are higher than our own. We gave away 1% of sales each year. Additional Quotes from Patagonia Board of Directors . Alongside this announcement, Jenna Johnson has been promoted from leader of Patagonias technical outdoor biz to Head of Patagonia Inc. Press Release: In addition, the current Lower Snake River dam reservoirs increasingly exhibit inadequate water quality (for example, increased water temperatures) to support listed salmon and steelhead life histories and migration along the river.