The Cookout

The “$70,000 CEO” Dan Price’s abrupt resignation from the helm of Gravity Payments this week came as he faced a new allegation of purportedly raping a woman, according to a bombshell report.

Price, who made international headlines after he slashed his own pay to $70,000 while raising minimum wage at the company, resigned as CEO this week amid reports that he had grabbed a 26-year-old woman by the throat after she rejected his advances.

But Price’s resignation came shortly after he was contacted for a response to a rape allegation, according to a report late Thursday.

Police in Palm Springs, California, have recommended that Price face a charge of rape of a drugged victim. The executive has not yet been charged in connection to the alleged incident.

Kacie Margis, a model and artist, told the New York Times she and Price were dating for about three months when the alleged rape occurred during a trip to Palm Springs. Price allegedly booted Margis out of their hotel room for hours so that he could take a phone call, despite the fact that she was only wearing a bikini and a cover-up.

Click to expand...