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"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."

2 comments

  • Nickolas

    Nickolas 6 years, 4 months ago

    Very inspiring to see an leader with integrity.

    Reply

    • glen

      glen 6 years, 4 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