Gravity Payments CEO Dan Price, who gained worldwide fame for boosting employee salaries to a minimum of $ 70,000, is facing new questions about his motivations, along with public allegations of abuse from his former wife. The claims, made in a lengthly Bloomberg BusinessWeek story today, are drawing a pointed response from Price and the company. A statement released by Gravity Payments says, in part, that the article “contained reckless accusations and baseless speculations that are unequivocally false.” (Full statement below.) In the story, Bloomberg BusinessWeek reporter Karen Weise cites court documents showing that Price was served with a lawsuit from his brother, Lucas Price, challenging Dan Price’s compensation, weeks before the Gravity Payments… Read More
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