- Control of the outdoor apparel and equipment retailer Patagonia is being passed to two charitable foundations to direct any company profit not reinvested into fighting climate change.
- The non-voting shares were transferred to a nonprofit fighting climate change.
- The Chouinard family will be on the board of the company but will not get any money from it.
Patagonia founder pledges company to fighting climate change 15.09.2022
