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Lenovo CEO shares $3.25 million of his bonus with employees (again) after record year

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    Lenovo CEO shares $3.25 million of his bonus with employees (again) after record year

    After helping Lenovo thrive in the wretched PC industry -- while also making it the number one Chinese smartphone maker -- CEO Yang Yuanqing earned a sizeable bonus. And like last year, he's sharing the wealth with front-line employees, giving $3.25 million of his $14.6 million salary to 10,000 workers in 20 countries. Lenovo grabbed a record $34 billion during its last fiscal year, along with an all-time high $653 million in profit. While the sum he shared may be small compared to that, it's almost a month's pay for the 85 percent who work in China. And we can't say we've seen too many CEOs stateside willing to part with their personal private jet fuel stash.
    Filed under: Cellphones, Desktops, Laptops, Tablets, Lenovo
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    Source: Bloomberg
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