Lenovo CEO Shares $3.25 Million Bonus(Again)

Total
0
Shares

After helping Lenovo thrive in the wretched PC industry — while also making it the number oneChinese smartphone maker — CEO Yang Yuanqing earned a sizeable bonus. And like last year, he’s sharing the wealth with front-line employees, giving $3.25 million of his $14.6 million salary to 10,000 workers in 20 countries. Lenovo grabbed a record $34 billion during itslast fiscal year, along with an all-time high $653 million in profit. While the sum he shared may be small compared to that, it’s almost a month’s pay for the 85 percent who work in China. And we can’t say we’ve seen too many CEOs stateside willing to part with their personal private jet fuel stash.

Leave a Reply

Your email address will not be published.

Read the complete story.

You May Also Like