Hamdi Ulukaya, a Muslim immigrant and CEO of the billion-dollar Chobani yogurt company, just did something AMAZING for his employees!
Ulukaya just offered ALL of his 2,000 full-time employees at 10% stake in his company. This is GREAT!
Ulukaya founded the company which sells Greek yogurt in 2005 and it has rapidly grown in the last 10 years.
The company has been valued between $3-5 billion which means the average payout for each employee will be $150,000 with some employees potentially receiving shares worth over $1 million.
In a letter to his employees, Ulukaya wrote:
“My dream, from day one, was to share our success with this entire family—for us all to have a stake in our future, working together to grow Chobani and furthering our mission as a modern food company,”
Ulukaya has employed a diverse range of staff including refugees fleeing war. In 2014 Ulukaya pledged to donate $2 million to provide immediate relief for those being persecuted in Iraq and Syria.
This just goes to show despite the anti-immigrant rhetoric being spread by some politicians, people like Ulukaya are making a positive contribution to American society, both economically and to people’s lives.
Do you wish you worked for a company like Chobani? Share your thoughts on this awesome CEO below!