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 ? 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. 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. By providing your email address, you agree to our Privacy Policy and Terms of Service. Patagonia has long taken. 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. VENTURA, Calif. (September 24, 2020)Patagonia has selected a new chief executive officer of Patagonia Works: Ryan Gellert. 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. Patagonia does not have a board of directors. At a minimum, Patagonia urges Congress to include the following priorities in the updated budget reconciliation package: Ensure federal investments to accelerate the transition to affordable, secure, domestic clean energy. September 15, 2022, 5:30 AM PDT. In addition to this role, Dr. Soley is Chairman and CEO of the Object Management Group. In a very short time, the Coalition has launched an index of social and environmental performance that designers (and eventually consumers) can use to make better decisions when developing products or choosing materials. Text HELP for help. You have exceeded the maximum number of line items for your cart (50). Ambitions dont get much bigger than that. Patagonias community which includes avid anglers, paddlers, and conservationists stands ready to support a strong plan in whatever way we can. 21, 2022). Everything we make has an impact on people and the planet. This is what we can do. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. What is $20 Million & Change?$20 Million & Change is the internal fund set up by Patagonia Works to help like-minded start-up companies. 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. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. One option was to sell Patagonia and donate all the money. This is our purpose. Gellert has served as the brand's general manager of Europe, the Middle [] Patagonia Works will also serve as an umbrella for new businesses the company invests in or develops in the future. %PDF-1.4 % This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. Twitter Instagram Facebook Google+ | Patagonia.com. Orders are shipped within 1-2 business days and arrive within 3-10 business days. Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. 11 ; Sharing Best Practices . All Rights Reserved. Twitter Instagram Facebook Google+ | Patagonia.com. 2023 Patagonia, Inc. All Rights Reserved. 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. Now is the time for Patagonia to take the next logical step: to reach out beyond the framework of the apparel and outdoor industries. 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. I am honored and humbled by the opportunity andkeenly aware of the responsibility to lead this company in this critical time, stated Gellert. 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. Ryan is the right person with the best experience and leadership approach to guide our company. Please reach out if you have questions about any of the above comments. 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. This is not an excuse to ignore the real tension well continue to face between growth and the environmental impact of our operations. I never wanted to be a businessman. We gave away 1% of sales each year. 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). 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). No ones expectations of Patagonia are higher than our own. 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.. As a climber and backcountry snowboarder, he loves the wild natural world and knows Patagonias customers as a peer. BY Sophie Mellor. The leadership of the company does not change. Sign up for exclusive offers, original stories, activism awareness, events and more. 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. As the business leader I never wanted to be, I am doing my part. In addition, he was a founding individual member of 1% for the Planet. by Patagonia. Text STOP to cancel. Truth be told, there were no good options available. Note: This statement was originally posted on LinkedIn. The Chouinard family will guide the Patagonia Purpose Trust, electing and overseeing its leadership. All part-time and full-time employees also receive: Training and bail for those who peacefully protest for reproductive justice. Will Patagonia Works continue to donate one percent of sales to grassroots environmental groups?Absolutely. 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. Learn more about our environmental and social responsibility program. This elite creative team also includesTin Shed Venturesand Patagonias repair, share and recycle business,Worn Wear. You have exceeded the maximum number of line items for your cart (50). Williams will continue to report to the CEO in this critical new role. The last line of Patagonias mission statement is use business to inspire and implement solutions to the environmental crisis. Weve always taken that seriously. It would also be a failure for the planet. A founding member of 1% for the Planet, the company is recognized internationally for its product quality and environmental activism. One Patagonia employee serves on its board of directors and another as an advisor. I dont like to think of myself as a businessman. Yes. Since 2014, Gellert has overseen Patagonia's business in Europe, the Middle East and Africa. Web SpecialsSave on Gear for Your Next Trip. Track orders, save products, easy hassle-free returns & exchanges. 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 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. Instead of extracting value from nature and transforming it into wealth, we are using the wealth Patagonia creates to protect the source. We started with our products, using materials that caused less harm to the environment. 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. Founded by Yvon Chouinard in 1973, Patagonia Works (Patagonia) is a certified B Corporation based in Ventura, California. The estimated additional pay is $106,537 per year. But its also resilient. 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. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Effective immediately, the Chouinard family has transferred all ownership to two new entities: Patagonia Purpose Trust and the Holdfast Collective. Were making Earth our only shareholder. Whats changed now is that the company has additional stewardship from the Patagonia Purpose Trust. Sept. 25, 2020: Patagonia Works has a new CEO: Ryan Gellert. 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. The Company offers clothing suitable for alpine climbing, fly fishing, hiking, skiing and snowboarding, surfing, trail running, and yoga, as well as other outdoor activities. 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. Need it sooner? 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. 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 Will Patagonia just max out sales so it can give away more money each year. Additional Quotes from Patagonia Board of Directors, I first met Yvon when he was around 24 and today, he is almost 84. Please remove some items to proceed. 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. 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. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. 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. He wanted to do things his own way and on his own terms. 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). 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. 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). We helped initiate the Sustainable Apparel Coalition. 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. 0000001559 00000 n Patagonia Works could be an investor, or joint-venture partner. 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. In this role, she will accelerate Patagonias mission by leading breakthrough ideas in materials, carbon-capturing business models and design. 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. 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. Angling Trade E-Survey: Whats the ideal age to start teaching a kid fly fishing? OnStrategy facilitated the process to develop Patagonia's 2020-25 strategic direction. 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. Introducing Patagonia Works, a new kind of holding company by Yvon Chouinard - May 6, 2013. . Patagonia will remain a B Corp and continue to give one percent of sales each year to grassroots activists. 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. o Annual and projected carbon equivalent emissions from mitigation programs, including fish hatcheries, non-volitional fish passage, and sediment management. It means giving parents the resources they need to work and raise children. An avid climber and backcountry snowboarder, Ryan has climbed and ridden all over the world. (Podcast). The Final Report must address the fact that dams contribute significantly to climate change through emissions and amplification of other climate impacts. Orders are shipped within 1-2 business days and arrive within 3-10 business days. As a climber and backcountry snowboarder, Ryan loves the wild natural world and knows Patagonias customers as a peer. Our team would welcome the opportunity for more dialogue. The petition requests that EPA require dam and reservoir facilitiesincluding hydropower facilitiesto report their annual GHG emissions to EPA and the public. 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. Flexible shipping options are available. Ive made no secret that I hold a fairly skeptical view of the business world. 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. 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. 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. Because we know prioritizing durability results in consuming less energy, wasting less water and creating less trash. Hans is the Environmental Campaigns and Advocacy Director at Patagonia . Sign up for exclusive offers, original stories, activism awareness, events and more from Patagonia. Board of Directors & Advisory Board Environmental Defense Center . So, we created ourown. Even public companies with good intentions are under too much pressure to create short-term gain at the expense of long-term vitality andresponsibility. 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. The family will also guide the philanthropic work performed by the Holdfast Collective. Rush and Upton, Jake Beaulieu et al., Methane and Carbon Dioxide Emissions from Reservoirs: Controls and Upscaling, 125 J. Geophysical Rsch. And, I am certain we will also have some fun along the way.. What a disaster that would have been. Will Patagonia Works wholly own any of the companies it invests in?Not necessarily. Concerned about the environmental impact? 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. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. Executive headshots can be downloadedHERE. 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. ` endstream endobj 2438 0 obj <>stream I believe this plan that he and his family helped create is tectonic. 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. Investments of any size will be limited to like-minded, responsible businesses. 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. 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. 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. 0000006513 00000 n 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 Some Patagonia Works investments could be smaller seed investments to fledgling, responsiblecompanies in need of capital. 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. Patagonias board of directors also made two big changes within the leadership team by elevating Jenna Johnson and Lisa Williams to larger roles. Its been nearly 50 years since we began our experiment in responsible business, and we are just getting started. 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. 0000003003 00000 n 0000009506 00000 n Our Board of Directors Carolyn Shafer, President, has been part of the PARA board since 2012. Williams will continue to report to the CEO in this critical new role. They will also guide the philanthropic work performed by the Holdfast Collective. 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. That said, Patagonia, the company my wife and I founded four decades ago, has grown up to by global standards a medium-size business. We must aim for this ultimate goal: bringing wild species back to natural, self-sustaining abundance. Since 2014, he has elevated Patagonia to a position of leadership in Europes outdoor industry and environmental communities. 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. 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. Ambitions dont get much bigger than that. 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 If you are using a screen reader and having difficulty please call us at 1-800-638-6464. 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. This commitment is part of our business charter, which means it now cant be changed without the approval of the Patagonia Purpose Trust. Has transferred all ownership to two new entities: Patagonia Works ( )! We can 106,537 per year: whats the ideal age to start teaching a kid fly fishing to. Part of the Patagonia Purpose Trust and the Holdfast Collective materials, carbon-capturing business and... For more dialogue GHG emissions to EPA and the Holdfast Collective reach if. 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