The CEO who cut his salary to give employees a raise resigns amid legal issues

The founder and CEO of Gravity Payments, Dan Price resigned from the company amid charges of assault and reckless driving that were brought against him.

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2 min read . Updated: 20 Aug 2022, 09:09 PM IST Allison Prang, The Wall Street Journal

Dan Price, chief executive of Gravity Payments, was charged with assault and reckless driving earlier this year

The chief executive of a Seattle company, who several years ago said he would cut his own salary to give his employees a raise, resigned this week amid charges of assault and reckless driving that were brought against him.