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TexasTowelie

(111,932 posts)
Fri Jul 15, 2016, 05:54 AM Jul 2016

Gravity Payments team gets CEO Dan Price a gift: a Tesla

A gift from his employees — a new Tesla — was another big win for Gravity Payments CEO Dan Price, who beat back a lawsuit brought against him by his brother..

As Gravity Payments’ lawsuit saga wound to a close, CEO Dan Price had one more work surprise waiting for him — a brand new car.

A new Tesla to be specific, bought for him by Gravity employees.

Price and Gravity gained fame last year when the young CEO announced to much fanfare a plan to raise pay to $70,000 a year for all employees, after a phase-in period. Price said he would also make $70,000, dropping his salary from more than $1 million annually.

Read more: http://www.seattletimes.com/business/technology/gravity-payments-team-gets-ceo-a-gift/

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