‘$70,000 CEO’ Dan Price resigns after allegedly grabbing woman by throat

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‘$70,000 CEO’ Dan Price resigns after allegedly grabbing woman by throat
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Price purportedly performed doughnuts in his Tesla while the woman was still in his car.

Price garnered widespread attention in 2015 after publicly revealing that he would cut his own $1 million salary to $70,000. The tech CEO said the money would help to fund an initiative to raise Gravity Payments’ minimum wage to $70,000 within a three-year period, up from $48,000.“I’m so happy how people’s lives are changing, because they deserve it, and they deserve every penny of it,” Price said.

Price has since positioned himself as an outspoken workers’ rights advocate and built a cult following on social media, with nearly 800,000 followers on LinkedIn. His posts ripping corporate leaders while calling for improved employee pay and benefits regularly go viral.Dan Price has contended with legal drama and allegations of misconduct in the past.“I’m CEO of a company that went remote two years ago. Last year we had our highest revenue and lowest employee turnover in our history .

Price’s initiative to boost minimum wage at the firm came around the same time that his older brother, Lucas, accused him in court of overpaying himself and violating his rights as a minority shareholder in the firm. The court later ruled in Dan Price’s favor. I'm CEO of a company that went remote two years ago. Last year we had our highest revenue and lowest employee turnover in our history . We also had about 300 applications per job opening.

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