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'$70,000 CEO' Dan Price from Gravity Payments

Dan Price, CEO of Gravity Payments, cuts his own salary on 2015 so that workers could earn $70,000 each.

The 38-year-old CEO Dan Price resigned Wednesday from credit card processing company Gravity Payments which he founded 18 years ago.

He also added "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,"

Price also surprised his workers when he told them in 2015 he was cutting his roughly $1 million salary to $70,000 and using company profits to ensure everyone there would earn at least that much within three years.

But you will be surprised to know that But Price had recently come under major scrutiny. Earlier this year, Seattle prosecutors charged him with misdemeanor assault against a woman and reckless driving.

Prosecutors say Price tried to forcibly kiss a woman. He pleaded not guilty in May; the case remains ongoing.