The Economic Times News

American CEO stuns workers with $240 million bonus after selling company, even without stock

Fibrebond bonus payout: A Louisiana factory CEO ensured over 500 employees received life-changing six-figure bonuses, totaling $240 million, as part of the company's $1.7 billion sale. This extraordinary condition, a non-negotiable demand from CEO Graham Walker, allowed workers to share in the windfall despite not owning stock, profoundly impacting their lives and the local economy.