Political Revolution

Robert Reich: This Is the Kind of CEO America Needs More Of | AlterNet

Last Tuesday Hamdi Ulukaya  announced he’s giving all his 2,000 full-time workers shares of stock worth up to 10 percent of the privately held company’s value when it’s sold or goes public, based on each employee’s tenure and role at the company.

Ulukaya’s announcement raised eyebrows all over corporate America. Many are viewing it an act of charity (Forbes Magazine calls it one of “the most selfless corporate acts of the year”).

As Ulukaya wrote to his workers, the award isn’t a gift but “a mutual promise to work together with a shared purpose and responsibility.”

Robert Reich: This Is the Kind of CEO America Needs More Of | AlterNet was first shared on Aware & Fair

About the author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She sometimes writes fiction about Chester (the Alpha Bichon) and his friends -- with a dash of humor and dab of Poli-Sci. JoAnn's views and insights are tinted by her past profession in Counseling, Christian theological studies, and Library and Information Science training. Retired now, JoAnn enjoys the creative life.

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