Workflow
Employee bonus
icon
搜索文档
Loyalty Paid In Full: Louisiana CEO Shares $240 Million Windfall With Employees After Billion-Dollar Acquisition
Yahoo Finance· 2025-12-27 02:00
More than 500 workers at a Louisiana manufacturing company called Fibrebond received unexpected six-figure bonuses this year after their CEO insisted employees share in the proceeds of a multibillion-dollar sale. Fibrebond, a modular construction firm based in Minden, was acquired earlier this year by power management company Eaton for $1.7 billion. As part of the deal, former CEO Graham Walker required that 15% of the sale price — roughly $240 million — be set aside for the company’s 540 full-time employ ...