Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. It would also be a failure for the planet. 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. 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. Everything we make has an impact on people and the planet. 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. 0000008640 00000 n
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. I am dead serious about saving this planet.. But its also resilient. The Patagonia Purpose Trust now owns all the voting stock of the company (two percent of the total stock) and exists to create a more permanent legal structure to enshrine Patagonias purpose and values. 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. 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. when the board of directors determines that doing so may produce a material positive impact on the environment. I started as a craftsman, making climbing gear for my friends and myself, then got into apparel. 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). Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Ambitions dont get much bigger than that. 0000010398 00000 n
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. While were doing our best to address the environmental crisis, its not enough. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. In addition to this role, Dr. Soley is Chairman and CEO of the Object Management Group. 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. 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. Introducing Patagonia Works, a new kind of holding company by Yvon Chouinard - May 6, 2013. . 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. Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. Ryan is the right person with the best experience and leadership approach to guide our company. Additional Quotes from Patagonia Board of Directors . Williams will continue to report to the CEO in this critical new role. Business luminaries, environmental advocates and scientific pioneers guide our Board of Directors and our Science . September 24, 2020 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. Rick Ridgeway VP Environmental Initiatives and Special Media Projects Ed Auman Business Unit Director- Fieldwear Ryan Gellert Chief Executive Officer Cory Bayers Vice President Global Marketing Yvon Chouinard Founder Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. No ones expectations of Patagonia are higher than our own. Whats changed now is that the company has additional stewardship from the Patagonia Purpose Trust. Web SpecialsSave on Gear for Your Next Trip. 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. No ones expectations of Patagonia are higher than our own. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. 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. 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. And, I am certain we will also have some fun along the way.. an organization of companies that produces more than a third of the clothing and footwear on the planet. 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); 2008-2022. 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. Who is the CEO and President of Patagonia Works?Ryan Gellert is chief executive officer (CEO) of Patagonia Works and Patagonia, Inc. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. 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. That means offering employees the dignity of access to reproductive health care. 0000005669 00000 n
Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. 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. 0000001559 00000 n
The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and . Will Patagonia as a company continue to donate 1% of sales for the planet? We helped initiate the Sustainable Apparel Coalition. Where restrictions exist, travel, lodging and food are covered. OnStrategy facilitated the process to develop Patagonia's 2020-25 strategic direction. 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. What is $20 Million & Change?$20 Million & Change is the internal fund set up by Patagonia Works to help like-minded start-up companies. This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. Rush and Upton, Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. Subsidized, on-site high-quality child care. 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. Patagonia Works will also serve as an umbrella for new businesses the company invests in or develops in the future. It means supporting employees choices around if or when they have a child. But the new ownership structure provides a way to put the value that comes with responsible growth to work fighting the climate crisis. 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. 0000004835 00000 n
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You have exceeded the maximum number of line items for your cart (50). The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. 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. Biogeosciences 12, 19 (2020), 4Petition from Michael Hiatt, Earthjustice, to Michael Regan, Admr, EPA (Mar. Reduce inequity by targeting climate and clean energy investments in disadvantaged and frontline communities. Prior to his time at Patagonia, Gellert was president of Black Diamond, where he worked for nearly nine years. Companies that create the next model of capitalism through deep commitment to purpose will attract more investment, better employees, and deeper customer loyalty. The company is owned by Chouinard and Tompkins, who are the co-founders. 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 you are using a screen reader and having difficulty please call us at 1-800-638-6464. These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, 2430 0 obj
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Save my name, email, and website in this browser for the next time I comment. Williams will continue to report to the CEO in this critical new role. 0000004050 00000 n
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. 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. Even public companies with good intentions are under too much pressure to create short-term gain at the expense of long-term vitality andresponsibility. 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. In 2018, we changed our official reason for being to amplify . In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. 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