Famed Seattle CEO Dan Price resigns from company amid assault allegations
Price was charged with misdemeanor assault in May after a woman alleged Price attempted to forcibly kiss her. He pled not guilty to the charges.
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Price was charged with misdemeanor assault in May after a woman alleged Price attempted to forcibly kiss her. He pled not guilty to the charges.
Dan Price was applauded for paying a minimum salary of $70,000 at his Seattle company and criticizing corporate greed. The adulation helped to hide and enable his behavior.
The embattled CEO of Gravity Payments famously lowered his salary to $70,000 in 2015.
A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his resignation.
"My presence has become a distraction here," said Dan Price, the Seattle CEO who cut his pay so employees could earn $70K. He resigned Wednesday.