CEO Of Billion-Dollar Yogurt Brand Gives 10% Of His Shares To Employees, Potentially Making Them Millionaires!
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DESCRIPTION
Hamdi Ulukaya, founder and CEO of yoghurt-making company Chobani, is giving back to its employees in a very big way. Approximately 2,000 full time employees will receive a 10 per cent ownership stake in the company, which sold $1.6 billion worth of yoghurt last year and is now valued at between $3 billion and $5 billion. This means the average employee award could be worth $150,000 (based on a $3 billion valuation) but some could reach $1 million if the company is sold or goes public. Posted By Persist
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