Dan Price: Gravity Payments CEO who slashed his salary by $1 million - News Summed Up

Dan Price: Gravity Payments CEO who slashed his salary by $1 million


Seattle-based entrepreneur Dan Price hit headlines around the world in 2015 when he slashed his own salary by $1 million so he could start paying his all employees a minimum salary of $70,000. Photo / SuppliedSeattle-based entrepreneur Dan Price hit headlines around the world in 2015 when he slashed his own salary by $1 million so he could start paying his all employees a minimum salary of $70,000. Photo / SuppliedBy RNZSeattle-based entrepreneur Dan Price hit headlines around the world in 2015 when he slashed his own salary by $1 million so he could start paying all his employees a minimum salary of $70,000. Because I had a lot of luck along the way, I had a lot of privilege along the way - things that I didn't do. His brother, a co-founder of Gravity Payments, asked the court to rule Price should buy out his 32.5 per cent stake in the company.


Source: New Zealand Herald July 10, 2021 06:11 UTC



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