Lower-level Lenovo employees receive shares of $3 million bonus from CEO Yang Yuanqing
Lenovo Group Chief Executive Officer Yang Yuanqing, left, waves at photographers after shaking hands with NEC President Nobuhiro Endo during a joint press conference in Tokyo Thursday, Jan. 27, 2011.
Shizuo Kambayashi, Associated Press
Lenovo CEO Yang Yuanqing isn't like other CEOs who horde bonuses for themselves to buy extravagant houses or fancy cars. Instead, when he gets a multi-million dollar bonus he shares the wealth, according to Engadget.
Yuanqing recently received a bonus of $3 million, which he generously gave back to his employees — including lower-level employees such as line workers, according to the article.
Lenovo is the world's second-largest PC vendor and currently has more than 26,000 employees globally, according to Lenovo's website.
"The additional bonus was a reward for steering the company to record shipments and profits despite a weakening PC market," according to Engadget.
Email: ehong@desnews.com
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That is awesome. Outstanding leadership recognizing the contributions of his employees.