CEO Dan Price, who shot to fame for raising employees’ pay, resigns after rape investigation


Dan Price, who achieved semi-stardom After increasing the salary of the employees He has resigned as the chief executive of Seattle-based Gravity Payments, cutting his own pay by at least $70,000, after a rape allegation recently surfaced in Palm Springs.

Price, who founded a company that processes credit card payments, announced his resignation on Twitter last week.

38-year-old is accused of raping a woman in Palm Springs in April 2021 second public charge against him of violence against women in recent years. according to a check bynew York Times, The two incidents follow years of alleged violent behavior and abuse by Price, including his ex-wife’s allegations of domestic violence – all rising to prominence as he revolutionized big business with progressive policies.

According to Lieutenant Gustavo Araiza, investigators from the Palm Springs Police Department submitted the rape case to the Riverside County District Attorney’s office for review last week. He declined to release any further details of the report, citing an active investigation. Araiza said an arrest warrant can be issued after the prosecution reviews the case.

John Hall, a spokesman for the DA’s office, said the matter is “currently being reviewed and no filing decisions have been made at this time.” He declined to provide a timeline for that decision.

According to the New York Times In the story, Palm Springs police recommended a charge of rape of a drug victim against Price after a woman reported that he sexually assaulted her without her consent while sleeping in a Palm Springs hotel.

Price did not immediately respond to a request for comment, but called the allegations against him “false allegations”. a statement on twitter, In the same post, Price announced his resignation as CEO.

A request for comment from Gravity Payments was not immediately responded to.

“My presence here has become a distraction. I also need to step away from these duties to fully focus on fighting the false allegations leveled against me,” Price posted on Twitter. “I’m not going anywhere.”

According to Seattle, in February, Price was charged with fourth-degree assault with sexual motivation, fourth-degree assault and reckless driving in Seattle after a woman accused him of forcing an unwanted kiss, then He was grabbed by the throat when he refused, according to the Seattle Times. He Recently pleaded not guilty Prosecutors dropped the charge of assault with sexual motivation for charges of misdemeanor assault and reckless driving.


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