Share this article:

'I need to step aside' | Dan Price was the poster boy for compassionate leadership - was it all a lie?

Dan Price was the poster boy for compassionate leadership - was it all a lie?

Dan Price, once dubbed the “best boss in America” after implementing a minimum £59,000 ($70,000) salary for all his workers, and spent years as the poster boy for compassionate leadership, has resigned from his CEO position amid allegations of misconduct and criminal charges.

Price, who started Gravity Payments in 2004 aged 19, told his workforce in an email (which he later shared on Twitter) that he was stepping away from his role because “my presence has become a distraction here.”

He added he was stepping aside to “focus full time on fighting false accusations made against me,” but defiantly added. “I’m not going anywhere.”

Price is facing charges of reckless driving and assault, which he has pleaded not guilty to. He was previously facing another charge of assault with sexual motivation but this has since been dropped, the New York Times reported.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

Ricoh EMEA: How purpose & employee voice are shaping our AI transformation
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 21:57

Podcast | Ricoh EMEA: How purpose & employee voice are shaping our AI transformation

Minimum wage breaches list exposes hidden payroll risks for HR
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News

'Technical issues' | Minimum wage breaches list exposes hidden payroll risks for HR

How Virgin Media O2 is supporting student employees
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature

'Earning, learning' | How Virgin Media O2 is supporting student employees

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI

Get Employee Rights Act-Ready: Your Practical Guide to the Changes Ahead
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Guide

Get Employee Rights Act-Ready: Your Practical Guide to the Changes Ahead