World | Culture | Politics

The “$70,000 CEO” Dan Price Resigns — After a Slew of Assault Allegations

It goes way deeper than most people realize.

Sean Kernan
5 min readAug 20, 2022

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Editorial rights purchased via iStock Photos

I’ve long called him Payroll Jesus and he didn’t like it.

So much so that he deleted my comments every time.

Until yesterday, Dan Price was the CEO of Gravity Payments, a 250-employee payment processing company.

He was a viral sensation on Twitter and LinkedIn, famously lowering his pay by 90% in order to raise his worker's minimum pay to $70,000. You couldn’t go two days on LinkedIn without seeing his face and him talking about it.

Author via Getty Images

You’ll still see him everywhere, but not for that reason.

Dan Price just stepped down as CEO, as more assault allegations pile up. A bombshell New York Times story was released Friday, citing his huge social media presence was created to hide “a pattern of abuse in his personal life and hostile behavior at his company.”

A 27-year-old artist, Kacie Margis, said she had a 3-month relationship with Price. They’d met after Price DM’d…

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Sean Kernan

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