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

Last Tuesday Hamdi Ulukaya [Chobani CEO] 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

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About The Author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She writes fiction about an alpha Bichon named Chester, and his friends–with a dash of humor and a dab of poli-sci. JoAnn worked professionally in the Psychology and Information Science fields. Retired now, she enjoys the creative life.

4 Comments

  1. Robert A. Vella

    A ray of sunshine can illuminate a field of hope. Bravo to this CEO!

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