Wednesday 29 July 2015

CEO shares $27 million with staff after selling his firm

CEO shares $27 million with staff after selling his firm

This is what profit sharing should look like. The CEO and co-founder of a Turkish food delivery company has paid out $27 million to 114 employees after selling the firm. Nevzat Aydin told Turkish newspaper Hurriet his employees deserved to benefit from the sale. "If there is a success, we have accomplished it all together," he was quoted as saying. Aydin sold Yemeksepeti to Germany's Delivery Hero for $589 million in May. The bonus is worth $237,000 on average.
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