Seattle CEO who made headlines for pay cut so workers could earn $70K resigns

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Seattle CEO who made headlines for pay cut so workers could earn $70K resigns
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Dan Price announced on Twitter that he was stepping down as CEO of credit card processing company Gravity Payments so he could fight 'false accusations' of assault.

Dan Price, the CEO ofPrice made headlines in 2015 when he announced he was giving himself a drastic pay cut to help cover the cost of big raises for his employees.according to The Seattle Times.

Prosecutors say Price tried to forcibly kiss a woman in his car then grabbed her throat when she refused him. He pleaded not guilty in May. The case remains ongoing."My No. 1 priority is for our employees to work for the best company in the world, but my presence has become a distraction here," "I also need to step aside from these duties to focus full time on fighting false accusations made against me," he wrote. "I'm not going anywhere.

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