Dan Price resigns as CEO of payments firm after misconduct allegations
by Edward Helmore from US news | The Guardian on (#62NCR)
Price, who cut his salary to give pay rises to all Gravity Payments' 120 employees, faces assault and reckless driving charges
Dan Price, the chief executive of a Seattle-based credit card processing company who made headlines when he implemented a $70,000 minimum wage, has abruptly resigned after accusations of misconduct and misdemeanor criminal charges that he assaulted a woman after a dinner meeting.
Price, who started Gravity Payments in 2004 at age 19, wrote in an email he was stepping away from the company because my presence has become a distraction here.
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