In 2015, a young CEO announced that he had given up 90% of his salary in order to “make his employees happy”, and that they had increased the lowest salary in the company to $70,000 per year. This statement had a great impact. Dan Price, CEO of US-based payment technology company Gravity Payments, which was the subject of positive headlines that day, has been the subject of physical and sexual assault news today.
In the news made by The New York Times, model Kacie Margis stated that she met Price on social media in 2021; She stated that they were together for 3 months and their relationship ended after Price raped her.
It changed from the ‘sympathetic CEO’ image that pays its employees to the ‘sexually abusive CEO’ image; Moreover, this was not his first incident:
The police announced that they had contacted the local prosecutor’s office to initiate legal action against Price on the charge of rape. In the news of The New York Times, it was also stated that Price faced physical and sexual assault charges against 5 more women he met on social media in the last 10 years.
Despite the high salaries at Price’s workplace, his employees do not seem very happy. Previously, former employees accused Price of “acting toxic”. “Social media gives him control of the narrative,” said Ryan Prikle, who spent 7 years in marketing at Gravity Payments.
Resigned from his post:
Price, who denied the allegations in a statement to the NYT after the first news, then sent an e-mail to the company’s employees. In that email, Price resigned, stating, “My presence here has become a distraction. I also need to put aside my duties here to fight false accusations against me.”
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