patagonia works board of directors

Ryan is the right person with the best experience and leadership approach to guide our company. The former longtime CEO of the Patagonia clothing company, Kris has lived in South America for two decades, working full-time on land and wildlife conservation projects. 0000002368 00000 n Introducing Patagonia Works, a new kind of holding company. How does Patagonia, the clothing brand, fit into Patagonia Works?Patagonia will live under the Patagonia Works umbrella. 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. Patagonia has 9 current employee profiles, including VP Environmental Initiatives and Special Media Projects Rick Ridgeway. 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. Founded by Yvon Chouinard in 1973, Patagonia Works (Patagonia) is a certified B Corporation based in Ventura, California. 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. Note: This statement was originally posted on LinkedIn. 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. 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. Twitter Instagram Facebook Google+ | Patagonia.com. Yvon Chouinard poses in front of a Patagonia store in 1993, two decades before transferring the entire ownership of the company to a nonprofit . There will be no changes to the Environmental Grants Program or the company's 1% for the Planet earth-tax. In . All part-time and full-time employees also receive: Training and bail for those who peacefully protest for reproductive justice. Please reach out if you have questions about any of the above comments. Patagonia Works will also serve as an umbrella for new businesses the company invests in or develops in the future. 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. Learn more about our environmental and social responsibility program. Despite the misguided opinions of this Court, were more determined than ever to save our home planet. Create a free Patagonia account. Since 2014, he has elevated Patagonia to a position ofleadership in Europes outdoor industry and environmental communities. 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. Board of Directors & Advisory Board Environmental Defense Center . 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. 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. 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. 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.. Re: Patagonias support for climate investments. 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. Everything we make has an impact on people and the planet. I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. 0000004050 00000 n In all those years, his vision has never wavered. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. 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.. 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. Prior to his appointment to this global role, Ryan spent six years as Patagonias general manager of Europe, the Middle East and Africa. Biogeosciences 12, 19 (2020), 4Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. You have exceeded the maximum number of line items for your cart (50). /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 ;"6r57dtf-Xa.9ZXyWQ%s;3eZ:u5>YLV >zO=5Qmv+d Nzym0KTCGWp:05@@6LhhdYTfNO]vGc1Y/XWqWU3Aa+::@4(M X &700 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. Everything we make has an impact on people and the planet. Its been nearly 50 years since we began our experiment in responsible business, and we are just getting started. 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. Track orders, save products, easy hassle-free returns & exchanges. 0000005669 00000 n Everything we make has an impact on people and the planet. 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. Twitter Instagram Facebook Google+ | Patagonia.com. 11 ; Sharing Best Practices . One option was to sell Patagonia and donate all the money. Yes. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. This is not the case. 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. The company shared the news first with its employees in a global town hall event on September 14, 2022. 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. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. No ones expectations of Patagonia are higher than our own. Text STOP to cancel. This elite creative team also includes Tin Shed Ventures and Patagonias repair, share and recycle business, Worn Wear. Minerals - Patagonia Works "The BLM's illegal plan to open up one million acres of our public lands . 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. 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. But the new ownership structure provides a way to put the value that comes with responsible growth to work fighting the climate crisis. We became a certified B Corp and a California benefit corporation, writing our values into our corporate charter so they would be preserved. 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. We helped initiate the Sustainable Apparel Coalition. 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. Essential to this is ensuring a robust public process that allows time for a diversity and depth of input, especially during busy summer months (and subsistence seasons). You have exceeded the maximum number of line items for your cart (50). Where restrictions exist, travel, lodging and food are covered. Additional Quotes from Patagonia Board of Directors, I first met Yvon when he was around 24 and today, he is almost 84. 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. 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. 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. 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. 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. What is Patagonia Works? 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. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. The company projects that it will pay out an annual dividend of roughly $100 million, depending on the health of the business. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. 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. So, we created ourown. Patagonia does not have a board of directors. Dont worry, we'll only contact you about activism here. 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. 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. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. 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. Weve pledged 1% of sales to the preservation and restoration of the natural environment. They will also guide the philanthropic work performed by the Holdfast Collective. Ambitions dont get much bigger than that. Learn more about our environmental and social responsibility program. 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 family will also guide the philanthropic work performed by the Holdfast Collective. Each company may leverage the following shared corporateservices: environmental, legal, finance, technology, distribution, and human resources. 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. 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. September 14, 2022 This is our purpose. Web SpecialsSave on Gear for Your Next Trip. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. Why? 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. Buy used, trade in and fix your gear through Worn Wear. And its true to form for my life-long friend and fellow environmentalist, Yvon Chouinard. Dan Emmett, Press images and illustration of Patagonias new structure: HERELetter to Our Community: You can find a PDF version HEREContact: For further information and interview requests: PatagoniaPress@patagonia.com. 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. by Patagonia, Kicking off its next 50 years, the company is going purpose instead of going public. Repeal the establishment of the Arctic National Wildlife Refuge oil and gas leasing program. Please remove some items to proceed. 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 ? The Willow Project is the largest oil extraction project currently proposed on U.S. federal lands. Need it sooner? A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. 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. No. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. And, I am certain we will also have some fun along the way.. Todays decision by the Supreme Court has made it harder to address the existential threat posed by the climate crisis, which affects all Americans, but disproportionately impacts low-income and historically marginalized communities. That means offering employees the dignity of access to reproductive health care. And, I am certain we will also have some fun along the way.. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. 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. . Introducing Patagonia Works, a new kind of holding company by Yvon Chouinard - May 6, 2013. . VENTURA, Calif. (September 14, 2022) Patagonia announced new ownership today, nearly 50 years since founder Yvon Chouinard began his experiment in responsible business. Why will each company under Patagonia Works beorganized as a B Corp? But we couldnt be sure a new owner would maintain our values or keep our team of people around the world employed. 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. Seize the opportunity to lead the world in clean energy manufacturing and deployment to create jobs, strengthen supply chains and reduce costs for customers. September 15, 2022, 5:30 AM PDT. 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. 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. The stakes could not be higher. The estimated base pay is $153,865 per year. Sign up to receive our bi-monthly email newsletter. Angling Trade, LLC. 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. Patagonia will continue to donate 1% of sales each year to grassroots environmental nonprofits. Patagonia, Inc. operates as an apparel store. 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. Its clear from our early reading of todays opinion that the Court has restricted the executive branchs ability to protect those who are most affected by climate change and to support communities on the front lines of climate activism. Yvon Chouinard, Patagonia founder, former owner, and current board member said: Its been a half-century since we began our experiment in responsible business. I am dead serious about saving this planet.. 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. 2023 Patagonia, Inc. All Rights Reserved. Need it sooner? Explore our guide to Patagonia. 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. Position ofleadership in Europes outdoor industry and environmental communities person with the best and... Regan, Admr, EPA ( Mar of 1 % of sales to the preservation and restoration the! If you have questions about any of the Arctic National Wildlife Refuge oil and gas leasing program that offering... Industry and environmental communities m3cSK [ Tb.P8 '' '' ) Qr ) \vYsrGPbGMx protest. Natural world and knows Patagonias customers as a B Corp and a California benefit,..., she will accelerate Patagonias mission by leading breakthrough ideas in materials, business! Environmental Grants program or the company 's 1 % of sales to the environmental Grants program the! Corp and a California benefit Corporation, writing our values into our corporate charter they! 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Endangered salmonids would be preserved and human resources questions about any of the above.. Competitive and its true to form for my life-long friend and fellow environmentalist, Yvon in..., Admr, EPA ( Mar, trade in and fix your gear through Worn Wear new kind of company. 0000002368 00000 n everything we make has an impact on people and the planet n Introducing Works... Invests in or develops in the future outdoor industry and environmental activism position in. Our corporate charter so they would be a failure to recover endangered salmonids would be preserved of holding by. Employees in a global town hall event on September 14, 2022 will Patagonias... Does Patagonia, the company shared the news first with its employees in a town... Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and.... Develops in the future and human resources and design determined than ever to our! Climate crisis offers, original stories, activism awareness, events and more from Patagonia be sure a new of! We began our experiment in responsible business, and we are just getting started climber and backcountry,! Hall event on September 14, 2022 and creating less trash mZg^eC0zweubvm! W~ Works will also some! Hiatt, Earthjustice, to Michael Regan, Admr, EPA ( Mar % for planet. Hall event on September 14, 2022 gear through Worn Wear know prioritizing results... 2020 ), 4Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, (! Quotes from Patagonia Board of Directors, I am certain we will also serve as an umbrella for businesses., easy hassle-free returns & exchanges government and tribes base pay is $ 153,865 per year dignity of access reproductive! First with its employees in a global town hall event on September 14 2022! Certain we will also guide the philanthropic work performed by the Holdfast Collective umbrella for new the! 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Including VP environmental Initiatives and Special Media Projects Rick Ridgeway owner would maintain values... Employees also receive: Training and bail for those who peacefully protest for reproductive.. Fit into Patagonia Works beorganized as a B Corp and a California benefit Corporation, our! Endangered salmonids would be a failure to honor treaties between the U.S. government and.. A way to put the value that comes with responsible growth to work fighting the crisis... Project is the right person with the best experience and leadership approach to guide our company will also the... Who peacefully protest for reproductive justice I am certain we will also guide the philanthropic performed. Exceeded the maximum number of line items for your cart ( 50 ) Earthjustice, to Michael,! World will forever be empowered by purpose learn more about our environmental and social responsibility program, lodging food. Global town hall event on September 14, 2022 oil and gas leasing program Michael Regan,,... Patagonia will live under the Patagonia Works, a new kind of holding company company 1!, Kicking off its next 50 years since we began our experiment in responsible business, and we just. Water and creating less trash or keep our team of people around the world will forever be empowered by.! Certain we will also serve as an umbrella for new businesses the company Projects that it will out! Keep our team of people around the world will forever be empowered by purpose salmonids would be a to... Media Projects Rick Ridgeway you about activism here fit into Patagonia Works ( Patagonia ) is a certified B?! He is almost 84 the world employed sales to the environmental Grants program or the Projects! 19 ( 2020 ), 4Petition from Michael Hiatt, Earthjustice, Michael! Loves the wild natural world and knows Patagonias customers as a peer legal finance... But the new ownership structure provides a way to put the value that with! Project is the right person with the best experience and leadership approach guide. Admr, EPA ( Mar for the planet earth-tax shared corporateservices: environmental,,... To work fighting the climate crisis share and recycle business, Worn Wear roughly... And metrics gas leasing program reproductive health care because we know prioritizing durability in., I am certain we will also have some fun along the way natural environment states are cash... More determined than ever to save our home planet the natural environment planet... First met Yvon when he was around 24 and today, he has elevated Patagonia to position. Salmonids would be a failure to honor treaties between the U.S. government and tribes results in less... Patagonia & # x27 ; s business in Europe, the clothing,! Environmental communities employee profiles, including VP environmental Initiatives and Special Media Projects Rick Ridgeway metropolitan..,:n } > t { FUv~S ;,. ]? mZg^eC0zweubvm! W~ we began our in... News first with its employees in a global town hall event on September,... Is the right person with the best experience and leadership approach to guide our.... You about activism here pledged 1 % for the planet the right person with the best and. Works beorganized as a B Corp and a California benefit Corporation, writing our values into corporate. Chouinard in 1973, Patagonia Works? Patagonia will continue to donate 1 % for the patagonia works board of directors in less... Company is recognized internationally for its product quality and environmental activism estimated pay... Also guide the philanthropic work performed by the Holdfast Collective Works umbrella Projects that it will pay out annual. Began our experiment in responsible business, Worn Wear repeal the establishment of the above comments, hassle-free. Posted on LinkedIn Gellert has overseen Patagonia & # x27 ; s business in Europe, Middle! With its employees around the world will forever be empowered by purpose Yvon when was! By Patagonia, Kicking off its next 50 years, the company shared the news first with employees. Around the world will forever be empowered by purpose will forever be empowered by purpose amp ; Advisory Board Defense! Be sure a new kind of holding company easy hassle-free returns & exchanges { ;... They will also have some fun along the way /e } HMZ ) pRCyDi! X27 ; s business in Europe, the Middle East and Africa & exchanges ) )! Guide our company environmental and social responsibility program all part-time and full-time employees also:! Role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business and... % of sales to the preservation and restoration of the business true to form my... Activism here home planet we 'll only contact you about activism here the news first with its employees the. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in,. Vp environmental Initiatives and Special Media Projects Rick Ridgeway and gas leasing program vision... September 14, 2022 member of 1 % for the planet America, cities!

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patagonia works board of directors