Were in business to save our home planet. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. Sincerely, Michael HiattSenior Attorney Earthjustice, 1 See, e.g., Bridget Deemer et al., Greenhouse Gas Emissions from Reservoir Water Surfaces: A New Global Synthesis, 66 BioSci. 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. Ryan is the right person with the best experience and leadership approach to guide our company. They will also guide the philanthropic work performed by the Holdfast Collective. 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. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. And, I am certain we will also have some fun along the way.. Who is the CEO and President of Patagonia Works?Ryan Gellert is chief executive officer (CEO) of Patagonia Works and Patagonia, Inc. Yes. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Alongside this announcement, Jenna Johnson has been promoted from leader of Patagonias technical outdoor biz to Head of Patagonia Inc. Press Release: Instead of going public, you could say were going purpose. Instead of extracting value from nature and transforming it into wealth for investors, well use the wealth Patagonia creates to protect the source of all wealth. 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.. Note: This statement was originally posted on LinkedIn. 100% of co-pay costs for mental health visits are covered. Why? Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. This commitment is part of our business charter, which means it now cant be changed without the approval of the Patagonia Purpose Trust. Start-up or angel investments may be made in companies outside Patagonia Works that are not B Corps,members of 1% for the Planet or subscribers to a social and environmental performance index. Patagonia, Inc. operates as an apparel store. The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. You have exceeded the maximum number of line items for your cart (50). 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. 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 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. Repeal the establishment of the Arctic National Wildlife Refuge oil and gas leasing program. Patagonia does not have a board of directors. 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. Quinney College of Law at the University of Utah; an MBA from the Florida Institute of Technology; and a BSBA in finance from the University of North Carolina at Charlotte. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. Need it sooner? Its been nearly 50 years since we began our experiment in responsible business, and we are just getting started. Patagonia's Chief Executive Officer is Ryan Gellert. Will Patagonia Works continue to donate one percent of sales to grassroots environmental groups?Absolutely. 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. The stakes could not be higher. 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. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Twitter Instagram Facebook Google+ | Patagonia.com. by Patagonia, Kicking off its next 50 years, the company is going purpose instead of going public. If we want to protect nature and support communities, businesses cant continue to adhere to the prevailing economic model. 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. 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. 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. 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. Message and data rates may apply. Introducing Patagonia Works, a new kind of holding company by Yvon Chouinard - May 6, 2013. . Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. 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. Ryan holds a JD from the S.J. Rush and Upton, Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. 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. The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and . Patagonia has 9 current employee profiles, including VP Environmental Initiatives and Special Media Projects Rick Ridgeway. I am dead serious about saving this planet.. The last line of Patagonias mission statement is use business to inspire and implement solutions to the environmental crisis. Weve always taken that seriously. 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. 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. Dont worry, we'll only contact you about activism here. Learn more about our environmental and social responsibility program. Ive made no secret that I hold a fairly skeptical view of the business world. 21, 2022). I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. Create a free Patagonia account. 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. Please reach out if you have questions about any of the above comments. 0000002368 00000 n Learn more about our environmental and social responsibility program. Investments of any size will be limited to like-minded, responsible businesses. But its also resilient. 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. HmO0SDZ]-!$t4$6"M[I&6m UO6|}& WFs 'GoF `ptbzV_ Tl PM 4 0000003522 00000 n 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. Patagonia operates its apparel and equipment, food, and related businesses through the following subsidiaries: Patagonia, Inc. (apparel and equipment), Patagonia Provisions (food), Patagonia Media (books, films and multimedia projects), Fletcher Chouinard Designs, Inc. (surfboards), Tin Shed Ventures, LLC (investments), and Worn Wear, Inc. (used and upcycled apparel), and Great Pacific Child Development Center (onsite childcare and development). 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. Buy used, trade in and fix your gear through Worn Wear. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. 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. Executive headshots can be downloadedHERE. 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. September 14, 2022 We needed to find a way to put more money into fighting the crisis while keeping the companys values intact. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Ambitions dont get much bigger than that. 0000004050 00000 n In order to truly understand and compare the climate-related costs and benefits of dam removal vs. continued dam operation, we need to quantify or at least estimate these climate impacts, over 50 years, including: o Annual and projected carbon equivalent emissions from dam and reservoir operations. . Weve pledged 1% of sales to the preservation and restoration of the natural environment. 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. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. 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. Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. We helped initiate the Sustainable Apparel Coalition. 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. An assessment of current and projected reservoir water quality and suitability for listed fish species using available climate projections, for at least 50 years, would indicate whether or not such forecasted water quality and availability conditions can support wild, self-sustaining fish populations with the dams left in place. This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. Ryan Gellert, CEO of Patagonia and Patagonia board member said: 0000004835 00000 n This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. 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. OnStrategy facilitated the process to develop Patagonia's 2020-25 strategic direction. They will also guide the philanthropic work performed by the Holdfast Collective. Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. Patagonias community which includes avid anglers, paddlers, and conservationists stands ready to support a strong plan in whatever way we can. 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). Web SpecialsSave on Gear for Your Next Trip. 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 ? 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). Three examples: Every year for 30 years, Patagonia has donated one percent of its sales to grassroots environmental organizations. 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. These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, 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. when the board of directors determines that doing so may produce a material positive impact on the environment. Create a free Patagonia account. 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. 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. 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. 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. Orders are shipped within 1-2 business days and arrive within 3-10 business days. Carolyn earned a bachelor's degree in Business Management from Florida Atlantic University and has worked in a variety of industries (e.g., law firms, power line construction, public charter school, art gallery). 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. Prior to his time at Patagonia, Gellert was president of Black Diamond, where he worked for nearly nine years. 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. Subsidized, on-site high-quality child care. 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. /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 Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. Some Patagonia Works investments could be smaller seed investments to fledgling, responsiblecompanies in need of capital. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. 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. Twitter Instagram Facebook Google+ | Patagonia.com. But the new ownership structure provides a way to put the value that comes with responsible growth to work fighting the climate crisis. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. There will be no changes to the Environmental Grants Program or the company's 1% for the Planet earth-tax. Ambitions dont get much bigger than that. Track orders, save products, easy hassle-free returns & exchanges. Continuing to disregard this issue would ignore an important factor regarding future hydropower decisions and further exacerbate the climate crisis. Were in business to save our home planet. The estimated base pay is $153,865 per year. By providing your email address, you agree to our Privacy Policy and Terms of Service. Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. 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. 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. Employees are at the core of Patagonias success and this new ownership structure is an irrevocable commitment to protect the purpose and values that attracted all of us to the company in the first place. What does this mean for Patagonia employees? Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. Despite the misguided opinions of this Court, were more determined than ever to save our home planet. 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. 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. Patagonia has been breaking the mold for decades, and now they have shattered it. Ryan has lived and worked in the United States, Asia and Europe. Ryan is the right person with the best experience and leadership approach to guide our company. Angling Trade E-Survey: Whats the ideal age to start teaching a kid fly fishing? 0000000736 00000 n But these companies must share our core values and their work must help provide solutions to the environmental crisis. September 15, 2022, 5:30 AM PDT. Track orders, save products, easy hassle-free returns & exchanges. Patagonia Works ("Patagonia") is an outdoor apparel company with an almost 50-year history of environmental conservation and activism. by Patagonia. 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. %PDF-1.4 % o Annual and projected carbon equivalent emissions from mitigation programs, including fish hatcheries, non-volitional fish passage, and sediment management. Two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles to donate percent... By elevating Jenna Johnson and Lisa Williams to larger roles mZg^eC0zweubvm!.... Need to know offers clothing suitable for alpine climbing, fly fishing, hiking, skiing snowboarding! The prevailing economic model since we began our experiment in responsible business and. 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