Cotopaxi CEO Davis Smith walks away for a 3-year religious mission

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This 44-year-old founder and CEO is stepping down to go on a 3-year religious mission. 'I feel such confidence that this is the right thing.'

. But we see it a little bit differently. When a bank reaches out and says,"Hey, we love what your brand stands for and we want to order a bunch of product for our team." Our answer is,"Of course, we'd love to help and we'd like to partner with you to create an initiative around financial education, or financial literacy for underserved communities, and maybe together we can put some money into it." And guess what? They love the idea.

I hired Damien before I knew I'd be going to Brazil. I knew when I was hiring him that he would be my replacement. I remember telling my wife,"Am I insane? Like, I love what I'm doing. Why am I hiring my replacement?" But the more I thought about it, the more I felt like it was the right decision. I see myself not as the owner of this brand, but as the steward of something much bigger than me.

 

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