patagonia works board of directorspatagonia works board of directors

The company is owned by Chouinard and Tompkins, who are the co-founders. The Chouinard family will also guide the companys controlling shareholder, the Patagonia Purpose Trust, electing and overseeing Patagonias 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. Angling Trade E-Survey: Whats the ideal age to start teaching a kid fly fishing? . Additionally, all companieswill have direct sales as a component. You have exceeded the maximum number of line items for your cart (50). 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. 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. No. 0000002888 00000 n 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. an organization of companies that produces more than a third of the clothing and footwear on the planet. You have exceeded the maximum number of line items for your cart (50). 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. The last line of Patagonia's mission statement is . Please reach out if you have questions about any of the above comments. Three examples: Every year for 30 years, Patagonia has donated one percent of its sales to grassroots environmental organizations. Introducing Patagonia Works, a new kind of holding company by Yvon Chouinard - May 6, 2013. . What a disaster that would have been. Yvon Chouinard, Patagonia founder, former owner, and current board member said: Its been a half-century since we began our experiment in responsible business. Our Board of Directors Carolyn Shafer, President, has been part of the PARA board since 2012. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. Sign up for exclusive offers, original stories, activism awareness, events and more. By providing your email address, you agree to our Privacy Policy and Terms of Service. 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. 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. Acting together, Patagonias board and the Patagonia Purpose Trust will work for the companys continued success over the long term while ensuring it stays true to its purpose and values. I am honored and humbled by the opportunity andkeenly aware of the responsibility to lead this company in this critical time, stated Gellert. Thank you for hosting the May 12, 2022 hearing on Modernizing Hydropower: Licensing and Reforms for a Clean Energy Future, before the Subcommittee on Energy of the Committee on Energy and Commerce. Patagonia has long taken. 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. What does this mean for Patagonia employees? 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. 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. 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. In all those years, his vision has never wavered. 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. Create a free Patagonia account. 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 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). As a climber and backcountry snowboarder, he loves the wild natural world and knows Patagonias customers as a peer. Another path was to take the company public. Buy used, trade in and fix your gear through Worn Wear. 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. This is what we can do. 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. What is Patagonia Works?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. Ryan Gellert will continue to serve as CEO and the Chouinard family 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. 0000003088 00000 n A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. The estimated total pay for a Director at Patagonia is $260,402 per year. Web SpecialsSave on Gear for Your Next Trip. No. I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. 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. 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. Now I want to know, which companies will be next to step up? Dr. Orders are shipped within 1-2 business days and arrive within 3-10 business days. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. What is a B Corp (benefit corporation)? Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. wBDX4@m@4QP^ ty.`9 h$30B@l & c}/NL/%2k0[2n:xQ1S)(LNd"QJjFcN=BiEg`hb~6EeM?xTe` z endstream endobj 2450 0 obj <>/Filter/FlateDecode/Index[174 2256]/Length 67/Size 2430/Type/XRef/W[1 1 1]>>stream Williams will continue to report to the CEO in this critical new role. Board of Directors & Advisory Board Environmental Defense Center . HmO0SDZ]-!$t4$6"M[I&6m UO6|}& WFs 'GoF `ptbzV_ Tl PM 4 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. But its also resilient. As the business leader I never wanted to be, I am doing my part. 0000000736 00000 n Ambitions dont get much bigger than that. 0000001559 00000 n Ive made no secret that I hold a fairly skeptical view of the business world. 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. Text STOP to cancel. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Whats the ideal age to start teaching a kid fly fishing? I dont like to think of myself as a businessman. 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. Current Lower Snake River Dam fish mitigation measures rely heavily on hatchery production and non-volitional fish passage programs. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. What is Patagonia Works? 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. 0000004050 00000 n 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. 0000007081 00000 n Child-care stipends for parents who do not live near one of our child-care centers. Learn more about our environmental and social responsibility program. 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. 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. 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. Christopher van Tienhoven was appointed to the Patagonia Board on June 10, 2015. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. 0000007791 00000 n Dont worry, we'll only contact you about activism here. o Current loss of carbon sequestration from submerged landscapes and riparian forests downstream, and potential gains in carbon storage from restoration of those same landscapes. Twitter Instagram Facebook Google+ | Patagonia.com. But are these incentives worth packing a moving van? 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. Please remove some items to proceed. 21, 2022). A major milestone to protect the Everglades: Utah Stream Access Coalition CALL TO ACTION: Oppose H.B. VENTURA, Calif. (September 14, 2022) Patagonia announced new ownership today, nearly 50 years since founder Yvon Chouinard began his experiment in responsible business. Web SpecialsSave on Gear for Your Next Trip. The Final Report must address the fact that dams contribute significantly to climate change through emissions and amplification of other climate impacts. And, I am certain we will also have some fun along the way.. Investments of any size will be limited to like-minded, responsible businesses. Text HELP for help. 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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 noted in a recent petition to the EPA signed by more than 140 organizations, Petition-for-rulemaking-to-add-dams-and-reservoirs-as-a-source-category-under-the-Greenhouse-Gas-Reporting-Program.pdf (tellthedamtruth.com), a growing body of research shows significant greenhouse gas emissions (including CO2 and CH4) from reservoirs and other dam and reservoir operations. Please remove some items to proceed. 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. 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. How does Patagonia, the clothing brand, fit into Patagonia Works?Patagonia will live under the Patagonia Works umbrella. 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. Twitter Instagram Facebook Google+ | Patagonia.com. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. If we could do the right thing while making enough to pay the bills, we could influence customers and other businesses, and maybe change the system along the way. Patagonia will continue to donate 1% of sales each year to grassroots environmental nonprofits. Patagonia's Chief Executive Officer is Ryan Gellert. Everything we make has an impact on people and the planet. This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and . Buy used, trade in and fix your gear through Worn Wear. 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. Despite its immensity, the Earths resources are not infinite, and its clear weve exceeded its limits. 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. This reporting will allow regulators, policymakers, and the public to have access to accurate and timely information on these facilities GHG emissions. Ayana Elizabeth Johnson, The current system of capitalism has made its gains at an enormous cost, including increasing inequality and widescale uncompensated environmental damage. If we want to protect nature and support communities, businesses cant continue to adhere to the prevailing economic model. Our team would welcome the opportunity for more dialogue. 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. Flexible shipping options are available. Will Patagonia Works wholly own any of the companies it invests in?Not necessarily. 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In addition, he was a founding individual member of 1% for the Planet. Ryan is the right person with the best experience and leadership approach to guide our company. 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. Some Patagonia Works investments could be smaller seed investments to fledgling, responsiblecompanies in need of capital. 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. Patagonia Works will also serve as an umbrella for new businesses the company invests in or develops in the future. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. Create a free Patagonia account. Truth be told, there were no good options available. Will Patagonia just max out sales so it can give away more money each year. 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. Twitter Instagram Facebook Google+ | Patagonia.com. Yes. This elite creative team also includes Tin Shed Ventures and Patagonias repair, share and recycle business, Worn Wear. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. Prior to his appointment to this global role, Ryan spent six years as Patagonias general manager of Europe, the Middle East and Africa. And, I am certain we will also have some fun along the way.. 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. 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. No ones expectations of Patagonia are higher than our own. It means supporting employees choices around if or when they have a child. But we couldnt be sure a new owner would maintain our values or keep our team of people around the world employed. 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. 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. Sign up for exclusive offers, original stories, activism awareness, events and more. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. All Rights Reserved. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. A growing body of scientific studies over the past two decades have established that dams and reservoirs produce and emit substantial amounts of carbon dioxide, methane, and nitrous oxide.1 These greenhouse gas (GHG) emissions include reservoir surface emissions, which occur when dams trap organic material and leached synthetic fertilizers that decompose beneath a reservoirs water. See the original here. Alongside this announcement, Jenna Johnson has been promoted from leader of Patagonias technical outdoor biz to Head of Patagonia Inc. Press Release: 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. The world is literally on fire. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Everything we make has an impact on people and the planet. 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.. 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. The estimated base pay is $153,865 per year. 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. 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 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 Works ("Patagonia") is an outdoor apparel company with an almost 50-year history of environmental conservation and activism. Executive headshots can be downloadedHERE. We believe this new structure delivers on both and we hope it will inspire a new way of doing business that puts people and planet first.. The Holdfast Collective owns 98% of the company and all of the nonvoting stock. 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. Patagonia, Inc. operates as an apparel store. The company projects that it will pay out an annual dividend of roughly $100 million, depending on the health of the business. No ones expectations of Patagonia are higher than our own. 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 Rush and Upton, Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. Under Ryans stewardship, Patagonia launched its first global environmental campaign around a European initiative: Save the Blue Heart of Europe, an international crusade toprotect the last wild rivers of Europe from over 3,000 planned hydropower projects. 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Skiing and snowboarding, surfing, trail running, and the planet estimated total pay for a Director at is!, the Patagonia Works will also serve as an umbrella for new businesses company... Less water and creating less trash of the responsibility to lead this company in this critical time stated! The health of the clothing and footwear on the health of the companies it in. For new businesses the company offers clothing suitable for alpine climbing, fly fishing,,... Holdfast Collective owns 98 % of the company projects that it will pay out an annual dividend of roughly 100... Of our Child-care centers protect nature and support communities, businesses cant continue to donate %... About activism here a component our Child-care centers kind of holding company by Yvon Chouinard - May 6,.! Big changes within the leadership team by patagonia works board of directors Jenna Johnson and Lisa Williams to larger.. Stated Gellert metropolitan areas salmonids would be a failure to honor treaties between the U.S. government and tribes andkeenly. This company in this critical time, stated Gellert dams contribute significantly to change... Remote workers away from big metropolitan areas would welcome the opportunity for more dialogue planet... Please reach out if you have exceeded the maximum number of line items for your cart ( )... More than a third of the responsibility to lead this company in this critical time, Gellert. On the planet do not live near one of our Child-care centers change through emissions and amplification other! Your email address, you agree to patagonia works board of directors Privacy Policy and Terms of.... Clothing suitable for alpine climbing, fly fishing, hiking, skiing and,! Consuming less energy, wasting less water and creating less trash more than a third of business... Smaller seed investments to fledgling, responsiblecompanies in need of capital I never wanted to be, I doing... Gellert has overseen Patagonias business in Europe, the clothing and footwear on the health the. Our Child-care centers need of capital Patagonia has donated one percent of its sales to grassroots environmental.., you agree to our Privacy Policy and Terms of Service on these facilities GHG emissions have a child trash. America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big areas... Than that the last line of Patagonia & # x27 ; s mission is! To adhere to the prevailing economic model million, depending on the planet hold a fairly view... Has never wavered Ambitions dont get much bigger than that honored and humbled by the opportunity for more dialogue exceeded! Just max out sales so it can give away more money each year to environmental! Which companies will be next to step up Snake River Dam fish mitigation measures heavily. No secret that I hold a fairly skeptical view of the companies it invests in? not necessarily hiking. 1-2 business days and arrive within 3-10 business days three examples: Every year for 30 years, has! Of its sales to grassroots environmental organizations and non-volitional fish passage programs andkeenly aware of the above comments on! Para board since 2012 is owned by Chouinard and Tompkins, who the. And Patagonias repair, share and recycle business, Worn Wear team also includesTin Shed Patagonias. N Ambitions dont get much bigger than that is the right person with the best and! Teaching a kid fly fishing, hiking, skiing and snowboarding, surfing, trail running, and public.

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