Yvon Chouinard and his wife and two adult children have transferred their stock to a combination of trusts and charitable organizations that will maintain Patagonia’s independence, with all earnings going to combat climate change and protect undeveloped land. According to the New York Times, the voting shares that control Patagonia and account for just 2% of the total stock have been transferred to entity called the Patagonia Purpose Trust, which will control the company’s direction going forward. The family will ... Log in to view full article.