Today, Patagonia is known for its high-quality outdoor
Posted: Sat Jan 18, 2025 6:46 am
Apparel and accessories, as well as its commitment to environmental sustainability. Chouinard is an outspoken advocate for environmental causes and has used his platform as a successful businessman to promote sustainable business practices and raise awareness about the impact of climate change. The current ownership structure of Patagonia, Inc. In September 2022, he stated that ownership of the company would be transferred to help combat the climate crisis.
He also said that any profits made afterward would contribute to the company's mission of "saving self employed phone number list our home planet." As mentioned above, Patagonia, Inc. was founded in 1973 by Yvon Chouinard. He remains a key figure in the company to this day. However, the ownership of the company has changed over the years. Patagonia, Inc. has always been a privately held company and will remain so after the change of ownership.
This means that they do not sell their shares to gain equity in exchange for a percentage of ownership. Under the new ownership structure, The Patagonia Purpose Trust and The Holdfast Collective will own Patagonia, Inc. Here's how it will work; The Patagonia Purpose Trust: Yvon Chouinard and his family transferred 100% of the company’s voting stock, representing 2% of the company. They transferred it to The Patagonia Purpose Trust, whose primary purpose is to uphold Patagonia’s mission, beliefs and values.
He also said that any profits made afterward would contribute to the company's mission of "saving self employed phone number list our home planet." As mentioned above, Patagonia, Inc. was founded in 1973 by Yvon Chouinard. He remains a key figure in the company to this day. However, the ownership of the company has changed over the years. Patagonia, Inc. has always been a privately held company and will remain so after the change of ownership.
This means that they do not sell their shares to gain equity in exchange for a percentage of ownership. Under the new ownership structure, The Patagonia Purpose Trust and The Holdfast Collective will own Patagonia, Inc. Here's how it will work; The Patagonia Purpose Trust: Yvon Chouinard and his family transferred 100% of the company’s voting stock, representing 2% of the company. They transferred it to The Patagonia Purpose Trust, whose primary purpose is to uphold Patagonia’s mission, beliefs and values.