oIRcOk#v'lXvCuJp< x,Z.E>BZ,M@rcl./Na)&l 9m7e^T+%8m40**IjibSe >x2z)g$M^( KsT\)GHSqxlpJ :N;]H:n` ^ endstream endobj 2439 0 obj <>stream Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. 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). Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Reduce inequity by targeting climate and clean energy investments in disadvantaged and frontline communities. 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. 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. It means supporting employees choices around if or when they have a child. Message and data rates may apply. The company is owned by Chouinard and Tompkins, who are the co-founders. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. And that bestows on our family a serious responsibility. 0000001780 00000 n September 15, 2022, 5:30 AM PDT. 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.. 0000013972 00000 n 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. Despite the misguided opinions of this Court, were more determined than ever to save our home planet. So, we created ourown. 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. Were making Earth our only shareholder. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. But its also resilient. While were doing our best to address the environmental crisis, its not enough. No ones expectations of Patagonia are higher than our own. Gellert has overseen . document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); 2008-2022. But these companies must share our core values and their work must help provide solutions to the environmental crisis. If you are using a screen reader and having difficulty please call us at 1-800-638-6464. Failure to recover endangered salmonids would be a failure to honor treaties between the U.S. government and tribes. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. It means giving parents the resources they need to work and raise children. 949, 94950, 95461 (Nov. 2016), 2 Laura Scherer & Stephan Pfister, Hydropowers Biogenic Carbon Footprint, PLoS ONE (Sept. 14, 2016), 3Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. 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.. This is what we can do. They will also guide the philanthropic work performed by the Holdfast Collective. 0000009506 00000 n Learn more about our environmental and social responsibility program. 0000002368 00000 n In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. Patagonia has long taken. 0000001559 00000 n A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Patagonia will continue to donate 1% of sales each year to grassroots environmental nonprofits. I am honored and humbled by the opportunity andkeenly aware of the responsibility to lead this company in this critical time, stated Gellert. Continuing to disregard this issue would ignore an important factor regarding future hydropower decisions and further exacerbate the climate crisis. How does Patagonia, the clothing brand, fit into Patagonia Works?Patagonia will live under the Patagonia Works umbrella. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. Subsidized, on-site high-quality child care. OnStrategy facilitated the process to develop Patagonia's 2020-25 strategic direction. 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. 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 Ambitions dont get much bigger than that. Ryan Gellert Chief Executive Officer Matt Dwyer VP, Product Impact & Innovation Glen Morden VP, Product Creation Cara Chacon VP, Social & Environmental Responsibility Bruce Old VP, Global Wholesale K. Corley Kenna Patagonia's key executives include Ryan Gellert and 8 others. The company shared the news first with its employees in a global town hall event on September 14, 2022. Ive made no secret that I hold a fairly skeptical view of the business world. Prior to his appointment to this global role, Ryan spent six years as Patagonias general manager of Europe, the Middle East and Africa. /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 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. Since 2014, he has elevated Patagonia to a position ofleadership in Europes outdoor industry and environmental communities. 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. September 24, 2020 by Patagonia. Patagonia does not have a board of directors. The Willow Project calls for construction of up to five drill pads with up to 50 wells on each pad, a road system, an airstrip, pipelines, a gravel mine and more. 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 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. Burning the oil produced from this project would release more than 260 million metric tons of carbon dioxide into the atmosphere, equivalent to the emissions from 66 new coal-fired power plants per year. Angling Trade E-Survey: Whats the ideal age to start teaching a kid fly fishing? VENTURA, Calif. (September 24, 2020)Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. 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). 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 this is our time, and as a company we are prepared to lead and to help citizen activists and businesspeople of conscience create a healthier planet for all life. Will Patagonia Works wholly own any of the companies it invests in?Not necessarily. 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. Acting together, Patagonia's board and the Patagonia Purpose Trust will work for the company's continued success over the long term while ensuring it stays true to its purpose and values. Founded by Yvon Chouinard in 1973, Patagonia is an outdoor apparel company based in Ventura, California. 0000006513 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. 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. 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 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. Neither of these programs lead to self-sustaining ESA recovery goals and metrics. Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. Note: This statement was originally posted on LinkedIn. The leadership of the company does not change. 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. Ryan Gellert, CEO of Patagonia and Patagonia board member said: One Patagonia employee serves on its board of directors and another as an advisor. CC: Brenda Mallory, Council on Environmental Quality Chair; Adrian Saenz, White House Office of Public Engagement; Gina McCarthy, White House National Climate Advisor; Ali Zaidi, Deputy White House National Climate Advisor. 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. Truth be told, there were no good options available. 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. 0000010398 00000 n 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. Concerned about the environmental impact? What a disaster that would have been. See the original here. 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. 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. Deb Haaland Regarding Willow Project, Earthjustice Letter to Reps. }gt%vP5pO*,K. Were in business to save our home planet. 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. This is not the case. Text HELP for help. What does this mean for Patagonia employees? Additionally, all companieswill have direct sales as a component. I believe this plan that he and his family helped create is tectonic. In all those years, his vision has never wavered. Some individual facilities emit large amounts of GHGs, at levels equal to or greater than the GHG emissions from equivalent coal- and gas-fired power plants. The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. 2023 Patagonia, Inc. All Rights Reserved. 2430 0 obj <> endobj xref 2430 22 0000000016 00000 n 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. 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. I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. 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. ;"6r57dtf-Xa.9ZXyWQ%s;3eZ:u5>YLV >zO=5Qmv+d Nzym0KTCGWp:05@@6LhhdYTfNO]vGc1Y/XWqWU3Aa+::@4(M X &700 0000002888 00000 n The last line of Patagonia's mission statement is . Our senior strategists, Erica Olsen and Kim Perkins, facilitated a series of eight, 1-day strategy sessions . Each year, profits that are not reinvested back into the business will be distributed by Patagonia as a dividend to the Holdfast Collective to help fight the climate crisis. Create a free Patagonia account. By providing your email address, you agree to our Privacy Policy and Terms of Service. 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