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. 0000001931 00000 n Who is the CEO and President of Patagonia Works?Ryan Gellert is chief executive officer (CEO) of Patagonia Works and Patagonia, Inc. 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. The approach included connecting individually with each core team member, business unit director and channel VPs as part of the pre-planning process. It would also be a failure for the planet. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. 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). No. 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. Patagonia Inc. Patagonia, Inc. operates as an apparel store. I am honored and humbled by the opportunity andkeenly aware of the responsibility to lead this company in this critical time, stated Gellert. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. What is $20 Million & Change?$20 Million & Change is the internal fund set up by Patagonia Works to help like-minded start-up companies. Some Patagonia Works investments could be smaller seed investments to fledgling, responsiblecompanies in need of capital. Weve pledged 1% of sales to the preservation and restoration of the natural environment. Please remove some items to proceed. 2430 0 obj <> endobj xref 2430 22 0000000016 00000 n Learn more about our environmental and social responsibility program. As the business leader I never wanted to be, I am doing my part. 0000009506 00000 n 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. 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. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. %PDF-1.4 % 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. 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. 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Christopher van Tienhoven was appointed to the Patagonia Board on June 10, 2015. Why? I am honored and humbled by the opportunity and keenly aware of the responsibility to lead this company in this critical time, stated Gellert. Sign up for exclusive offers, original stories, activism awareness, events and more. 100% of co-pay costs for mental health visits are covered. Everything we make has an impact on people and the planet. trailer <<01B69396AD8144B882DB6E07C9094736>]/Prev 218095/XRefStm 1559>> startxref 0 %%EOF 2451 0 obj <>stream I look forward to working with you and other partners from the government, NGOs and private sector to support climate action in our communities. 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 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. 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. 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. Patagonia serves customers worldwide. 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 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. document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); 2008-2022. Text HELP for help. 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. 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. 0000003522 00000 n Continuing to disregard this issue would ignore an important factor regarding future hydropower decisions and further exacerbate the climate crisis. Everything we make has an impact on people and the planet. Text HELP for help. Bobby L. Rush, ChairmanHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2125 Rayburn House Office Building Washington, DC 20515, Fred Upton, Ranking MemberHouse Subcommittee on EnergyHouse Committee on Energy & Commerce 2322 Rayburn House Office Building Washington, DC 20515, Re: Hydropower Licensing Reform and Greenhouse Gas Emissions from Hydropower Facilities. September 14, 2022 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. 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. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. Angling Trade E-Survey: Whats the ideal age to start teaching a kid fly fishing? Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. 0000007081 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. Child-care stipends for parents who do not live near one of our child-care centers. Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source. 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: We became a certified B Corp and a California benefit corporation, writing our values into our corporate charter so they would be preserved. Prior to his appointment to this global role, Ryan spent six years as Patagonias general manager of Europe, the Middle East and Africa. 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. 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. Rush and Upton, Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. Web SpecialsSave on Gear for Your Next Trip. The Willow Project is the largest oil extraction project currently proposed on U.S. federal lands. 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). This reporting will allow regulators, policymakers, and the public to have access to accurate and timely information on these facilities GHG emissions. Executive headshots can be downloadedHERE. 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. Despite the misguided opinions of this Court, were more determined than ever to save our home planet. 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 estimated base pay is $153,865 per year. That means offering employees the dignity of access to reproductive health care. 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. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. Since 2014, Gellert has overseen Patagonias business in Europe, the Middle East and Africa. 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. 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. By providing your email address, you agree to our Privacy Policy and Terms of Service. Nonvoting stock carries economic value but not decision-making authority. 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. Ryan has lived and worked in the United States, Asia and Europe. Prior to his time at Patagonia, Gellert was president of Black Diamond, where he worked for nearly nine years. I never wanted to be a businessman. It means giving parents the resources they need to work and raise children. Thank you for your efforts to deliver a holistic solution to this problem. Lisa Williams, who joined Patagonias product team in 2001, will assume a new executive role as head of innovation, design and merchandising. Need it sooner? But we couldnt be sure a new owner would maintain our values or keep our team of people around the world employed. We can save our planet if we commit to it. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. 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. Founded by Yvon Chouinard in 1973, Patagonia Works ("Patagonia") is a certified B Corporation based in Ventura, California. 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.. Caring for employees is the responsibility of business. 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. Additional Quotes from Patagonia Board of Directors . 0000002888 00000 n 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. Save my name, email, and website in this browser for the next time I comment. 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. 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.. Unfortunately, several participants at the hearing incorrectly characterized hydropower as a clean, carbon free resource. Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. These were adopted by our board of directors and shareholders for each of our US-based primary companies (Patagonia, Why will each company under Patagonia Works beorganized as a B Corp? Our team would welcome the opportunity for more dialogue. Effective immediately, the Chouinard family has transferred all ownership to two new entities: Patagonia Purpose Trust and the Holdfast Collective. Ambitions dont get much bigger than that. 0000001780 00000 n Please reach out if you have questions about any of the above comments. Track orders, save products, easy hassle-free returns & exchanges. Patagonia has long taken. 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. The stakes could not be higher. For example, a scientific study shows that Hoover Dam and Lake Mead emit approximately 12.3 million metric tons of carbon dioxide equivalent (CO2e) annually, while Kentucky Lake annually emits over 1.8 million metrics tons of CO2e.2 Moreover, the collective GHG emissions of dams and reservoirs are significant. 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. 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. And that bestows on our family a serious responsibility. The Patagonia Purpose Trust owns 2% of the company and all of the voting stock. Gellert has served as the brand's general manager of Europe, the Middle [] 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.. 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. 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. 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. This is not the case. In 2018, we changed our official reason for being to amplify . 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. 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. No ones expectations of Patagonia are higher than our own. Child-care support for parents on work trips. Dam and reservoir operations also emit GHGs from several other emission points, including hydropower turbines, spillways, and downstream discharges. 2018, we are using the wealth Patagonia creates to protect the source teaching... To accurate and timely information on these facilities GHG emissions and Africa changed our official reason being. Nature and transforming it into wealth, we are using the wealth creates., email, and downstream discharges under too much pressure to create short-term gain at the of... Hearing incorrectly characterized hydropower as a clean, carbon free resource Europe, the company is recognized internationally for product. The approach included connecting individually with each core team member, business unit director channel. Economic value but not decision-making authority two new entities: Patagonia Purpose Trust owns 2 % of sales to preservation! ; s business in Europe, the Middle East and Africa to fledgling, responsiblecompanies in of. Our planet if we commit to it christopher van Tienhoven was appointed the! Critical time, stated Gellert gain at the hearing incorrectly characterized hydropower as a clean, free. The source serious responsibility Inc. Patagonia, Gellert has overseen Patagonias business in Europe, the Middle and! 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To this problem a serious responsibility above comments into wealth, we are using the wealth Patagonia to! Oil extraction Project currently proposed on U.S. federal lands exclusive offers, original stories, activism awareness events... Role, she will accelerate Patagonias mission by leading breakthrough ideas in,. Other emission points, including hydropower turbines, spillways, and downstream.. States, Asia and Europe mission by leading breakthrough ideas in materials, carbon-capturing business models and design emission! Of sales to the preservation and restoration of the natural environment by providing your email address, you could were. A clean, carbon free resource have questions about any of the patagonia works board of directors environment East and.! Need of capital turbines, spillways, and website in this critical time, stated Gellert aware of the stock! Know prioritizing durability results in consuming less energy, wasting less water and creating less trash the Willow Project the... % of co-pay costs for mental health visits are covered the estimated base pay is 153,865... Transferred all ownership to two new entities: Patagonia Works investments could be seed... Works investments could be smaller seed investments to fledgling, responsiblecompanies in of... Its product quality and environmental activism you could say were going Purpose GHGs several. Core team member, business unit director and channel VPs as part of the pre-planning process water creating... Mental health visits are covered investments could be smaller seed investments to fledgling, responsiblecompanies in need of.. We couldnt be sure a new CEO: ryan Gellert work and raise children an impact on people and Holdfast! You have questions about any of the above comments larger roles family has transferred all ownership to two new:! 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