GoPro's CEO honors a costly promise - Fortune
Posted by glen from fortune.com
"Why was Woodman so generous? Well, he was making good on a verbal agreement he struck with Dana more than a decade ago, when he agreed to share 10% of any proceeds he received from the sale of GoPro shares held by Woodman. The terms of this promise were even disclosed in GoPro’s S-1 filing with the Securities and Exchange Commission as the company was gearing up to go public last year."
Added in Wisdom, Interesting
2 comments
Login to comment →
Nickolas 9 years, 6 months ago
Very inspiring to see an leader with integrity.
Reply
glen 9 years, 6 months ago
Yeah, I always like these. The Costco CEO is pretty great too, if memory serves. Works on the floor with his employee, a really low salary (for a CEO), and has a folding table in the corner of the store as his "office".
Reply