CEO Gives Away His Bonus to Employees

"Good Lord!" says the headline in a British newspaper, praising Lord Wolfson, business leader and peer of the realm, for having been uncommonly generous. Wolfson, CEO of Next, the U.K.'s biggest department store chain, gave his entire annual bonus--$3.6 million—to his employees. How uncommon was his gesture? ABC News could find but one example of a CEO of a public company who has done the same in recent years. Lenovo CEO Yang Yuanqing decided last year to use a $3 million bonus he...Full Story
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