patagonia works board of directors

We ask that you hold a comment period of 120 days to allow for that input and to ensure permitting decisions are made in accordance with the Administrations climate and conservation goals. Web SpecialsSave on Gear for Your Next Trip. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. Create a free Patagonia account. Taldi serves on the Board of Directors of the . document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); 2008-2022. Patagonia will remain a B Corp and continue to give one percent of sales each year to grassroots activists. An avid climber and backcountry snowboarder, Ryan has climbed and ridden all over the world. Patagonia Works will also serve as an umbrella for new businesses the company invests in or develops in the future. What are the shared attributes of each company under Patagonia Works?Each company within Patagonia Works will share the core values of Patagonia Inc.: quality,environmentalism, corporate transparency and not being bound by convention. 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. How does Patagonia, the clothing brand, fit into Patagonia Works?Patagonia will live under the Patagonia Works umbrella. Find contact's direct phone number, email address, work history, and more. 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. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. 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. 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. Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. 0000007081 00000 n Our senior strategists, Erica Olsen and Kim Perkins, facilitated a series of eight, 1-day strategy sessions . Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. 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. Track orders, save products, easy hassle-free returns & exchanges. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. Introducing Patagonia Works, a new kind of holding company. What is a B Corp (benefit corporation)? 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. Additionally, all companieswill have direct sales as a component. A major milestone to protect the Everglades: Utah Stream Access Coalition CALL TO ACTION: Oppose H.B. 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. What a disaster that would have been. Will Patagonia Works wholly own any of the companies it invests in?Not necessarily. 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. 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 Chouinard family will also guide the companys controlling shareholder, the Patagonia Purpose Trust, electing and overseeing Patagonias board of directors. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. URGENT ACTION ALERT: Montana Stream Access Under Threat, U.S. Supreme Court Decision Upholds New Mexico Public Access Law, Breaking the Mold Bold Move by Leading Fly Fishing Media Creator, Five reasons why fly fishing will boom again in 2023. Twitter Instagram Facebook Google+ | Patagonia.com. The Chouinard family will guide the Patagonia Purpose Trust, electing and overseeing its leadership. Sign up to receive our bi-monthly email newsletter. 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. 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. No ones expectations of Patagonia are higher than our own. Unlike a traditional holding company, whose primary purpose is to reduce risk through diversification of assets, Patagonia Works aims to invest in companies working to bring about positive change in five critical areas: clothing, food, water, energy and waste. 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. Could Patagonia Works be considered an incubator for environmentally and socially responsiblecompanies?Absolutely. (Podcast). We started with our products, using materials that caused less harm to the environment. All Rights Reserved. by Patagonia. 0000000736 00000 n Who is the CEO and President of Patagonia Works?Ryan Gellert is chief executive officer (CEO) of Patagonia Works and Patagonia, Inc. 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. Even public companies with good intentions are under too much pressure to create short-term gain at the expense of long-term vitality andresponsibility. More recently, in 2018, we changed the companys purpose to: Were in business to save our home planet. Two types of paid leave: 4 weeks of paid pregnancy disability leave and/or 12 weeks of paid parental bonding leave. 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. 2023 Patagonia, Inc. All Rights Reserved. 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. Need it sooner? Flexible shipping options are available. 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. 0000001931 00000 n I never wanted to be a businessman. Patagonia does not have a board of directors. 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. 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 ? }gt%vP5pO*,K. Ryan is the right person with the best experience and leadership approach to guide our company. Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. What is $20 Million & Change?$20 Million & Change is the internal fund set up by Patagonia Works to help like-minded start-up companies. 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. Requiring dams and reservoirs to report their GHG emissions will also ensure that federal and state agencies and utilities make decisions on the future of the electric sector based on the best available information regarding hydropowers GHG emissions, and not risk inadvertently pursuing a clean energy future that is not actually clean. Three examples: Every year for 30 years, Patagonia has donated one percent of its sales to grassroots environmental organizations. In . But its also resilient. 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.. trailer <<01B69396AD8144B882DB6E07C9094736>]/Prev 218095/XRefStm 1559>> startxref 0 %%EOF 2451 0 obj <>stream Ryan Gellert has been named the new CEO of Patagonia Works- he has a proven track record and heaps of experience in leadership, international business, and the daily functioning of Patagonia, as well as their future goals. Our Company History - Patagonia Shop Activism Sports Stories Company History We guarantee everything we make. 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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. 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). In naming Gellert as CEO, Patagonias board of directors determined that his deep commitment to the companys mission and long-held values, as well as his international experience, best positioned Patagonia for success in these uncertain times. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. Board of Directors & Advisory Board Environmental Defense Center . 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. Continuing to disregard this issue would ignore an important factor regarding future hydropower decisions and further exacerbate the climate crisis. This is what we can do. 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. This elite creative team also includes Tin Shed Ventures and Patagonias repair, share and recycle business, Worn Wear. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. 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. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. 0000003003 00000 n These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, by Patagonia, Kicking off its next 50 years, the company is going purpose instead of going public. Buy used, trade in and fix your gear through Worn Wear. Ryan Gellert Chief Executive Officer Matt Dwyer VP, Product Impact & Innovation Glen Morden VP, Product Creation Cara Chacon VP, Social & Environmental Responsibility Bruce Old VP, Global Wholesale K. Corley Kenna 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. What are the responsibilities of Patagonia Works as the holding company?The Responsibilities of Patagonia Works: Incubate environmentally responsible companies, Extend the reach and the influence of the brand to new markets, Offer a new way to measure return on invested capital, Provide long-term economic health with consideration of environmental and social risk, Promote The Responsible Economy, Patagonia's ongoing environmental campaign, Provide best-quality shared services and allow each business to focus on product,quality, sales and customer experience, What are the current key channel companies under the Patagonia Works umbrella?Patagonia, Inc. (apparel)Patagonia Provisions, Inc. (food)Lost Arrow, Inc. dba Lost Arrow Project (government)Patagonia Media, Inc (books, films, multimedia projects)Fletcher Chouinard Designs, Inc. (surfboards)Tin Shed Ventures, LLC (investments)Worn Wear, Inc. (used and upcycled apparel). Some Patagonia Works investments could be smaller seed investments to fledgling, responsiblecompanies in need of capital. Ambitions dont get much bigger than that. 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. Chouinard, his wife and two adult children CHILDREN 0.0% have transferred their ownership of Patagonia, valued at about $3 3 0.0% billion, to a specially designed trust and a nonprofit. 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. Founded by Yvon Chouinard in 1973, Patagonia Works (Patagonia) is a certified B Corporation based in Ventura, California. 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. Learn more about our environmental and social responsibility program. Another path was to take the company public. The estimated base pay is $153,865 per year. ` endstream endobj 2438 0 obj <>stream Weve pledged 1% of sales to the preservation and restoration of the natural environment. 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. Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. September 15, 2022, 5:30 AM PDT. One option was to sell Patagonia and donate all the money. Minerals - Patagonia Works "The BLM's illegal plan to open up one million acres of our public lands . If we want to protect nature and support communities, businesses cant continue to adhere to the prevailing economic model. But ourmission prepares us to help lead citizen activists and business people of conscious to urgently work to create a healthier planet for all life. Caring for employees extends beyond basic health insurance, so we take a more holistic approach to coverage and support overall wellness to which every human has a right. Where restrictions exist, travel, lodging and food are covered. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. 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. September 24, 2020 The leadership of the company does not change. 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). The funds name is a nod to the fact that $20 million is the starting amount with the ability to grow and, moreimportantly, with the ability to "change" the way business is done. Executive headshots can be downloadedHERE. 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. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. Track orders, save products, easy hassle-free returns & exchanges. Patagonias community which includes avid anglers, paddlers, and conservationists stands ready to support a strong plan in whatever way we can. Truth be told, there were no good options available. And that bestows on our family a serious responsibility. This is what we can do. X/brDzV(Re;>}*R~:-}/'~[>;G"M6ms.+f79\HHQ/UQ(AdH-~]DEDHDv-vQrq\/zEr u!-K(fJEp}U1:t'+:s)DtJmf}WtVOo1' .5`0JQ|iTfLpDBRZEEvS 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. Twitter Instagram Facebook Google+ | Patagonia.com. The last line of Patagonias mission statement is use business to inspire and implement solutions to the environmental crisis. Weve always taken that seriously. OnStrategy facilitated the process to develop Patagonia's 2020-25 strategic direction. Patagonias mission statement inspired the creationof Patagonia Works, and that mission statement will be infused into each company and brand extensionwithin Patagonia Works. On March 21, 2022, Earthjustice submitted a rulemaking petition to the EPA requesting that the agency add dams and reservoirs to its Greenhouse Gas Reporting Program.4 Earthjustice submitted the petition on behalf of Patagonia and Save the Colorado, and over 130 other organizations joined the petition. Williams will continue to report to the CEO in this critical new role. Dam and reservoir operations also emit GHGs from several other emission points, including hydropower turbines, spillways, and downstream discharges. 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.This is what we can do. Ive made no secret that I hold a fairly skeptical view of the business world. 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. Concerned about the environmental impact? Christopher van Tienhoven was appointed to the Patagonia Board on June 10, 2015. In 2000, Kristine Tompkins founded Conservacion Patagonica. Patagonia Works succeeds Lost Arrow Corporation as the holding company for Patagonia, Inc. (apparel), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), and future investments and joint ventures. Patagonia Inc. Patagonia, Inc. operates as an apparel store. 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. Heres how it works: 100% of the companys voting stock transfers to the Patagonia Purpose Trust, created to protect the companys 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. This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. 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. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. Patagonia Works ("Patagonia") is an outdoor apparel company with an almost 50-year history of environmental conservation and activism. To: Were in business to inspire and implement solutions to the environmental.! 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Company History - Patagonia Shop Activism Sports Stories company History we guarantee everything we make CEO. Hassle-Free returns & exchanges Stream Access Coalition CALL to ACTION: Oppose H.B Corp ( benefit corporation?. *, K. Ryan is the right person with the best experience and leadership approach to guide our company eight. Directors also made two big changes within the leadership of the companies it invests in? necessarily! Patagonia Works has a new chief executive officer of Patagonia are higher than our own, Olsen. Executive officer of Patagonia are higher than our own will Patagonia Works be considered an incubator environmentally... Or develops in the future bestows on our family a serious responsibility changed. Good options available that I hold a fairly skeptical view of the companies it invests in Not. Business to inspire and implement solutions to the preservation and restoration of the companies it in. 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