Owner Of Chobani Shocks Workers With Life-Changing Announcement And Why Can’t All Bosses Be This Amazing?
Hamdi Ulukaya is founder, chairman, and CEO of the yogurt company Chobani. Ulukaya is not only an incredibly smart businessman but he’s also an incredibly generous billionaire.
Yesterday, the 2,000 full-time employees at Chobani at the company’s plant in upstate New York were told they’d be receiving shares worth up to 10% of the company if it ever goes public or gets sold. The goal, Ulukaya explained to the crowd, “is to pass along the wealth they have helped build in the decade since the company started.”
Terry Edmonds, employee number 6, has been with the company since almost day one. As you can see from the video, a gesture like this is not only appreciated but possibly life-changing.
With zero experience in the yogurt business, Ulukaya created a yogurt empire that went from zero to over $1 billion in annual sales in less than five years. If the company goes public, those shares could mean hundreds of thousands of dollars to EACH employee.
One of the workers told NBC it’s not just about the money, it’s about being appreciated as a worker.