Gravity Payments CEO Dan Price is stepping down and Chief Operating Officer (COO) Tammi Kroll will take over the company.

Gravity Payments’ new CEO, Tammi Kroll
Confirming his resignation on Twitter last week, Price said, “Working for the best company in the world is a top priority, but my presence here is a distraction.”
Seattle Times Earlier this year, Seattle prosecutors reportedly charged Price with misdemeanor and reckless driving charges after he grabbed a woman by the throat when she tried to kiss her and refused. did.
“I also need to step away from these duties and focus full-time on fighting the false accusations against me. I’m not going anywhere,” Price concluded.
Gravity’s new CEO thanked Price for “taking time to shape and lead” the company.
The company supports his decision to leave. We are grateful to be able to lead Gravity in this next chapter, adds Kroll.
Price, which founded Gravity Payments 18 years ago out of a dorm room, is perhaps best known for taking $1 million in pay cuts to boost employee salaries from an average of $48,000 to $70,000. The company currently pays a minimum starting salary of $80,000.