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After selling his company for $1.7 billion.. an American businessman allocates $240 million in bonuses to his employees
Businessman Graham Walker sold his family company Fibrebond for $1.7 billion, but he decided that success should be collective.
During the 2025 sale negotiations, Walker stipulated allocating $240 million, or 15% of the deal value, to reward 540 employees who stayed by his side through years of challenges and rebuilding the company.
The average bonus was about $443,000 per employee, while those with longer service received larger amounts. Bonuses will be paid over five years, while employees over 65 received their full entitlements.
The company was founded in 1982, suffered a fire that destroyed its facilities in the 1990s, and then faced financial difficulties nearly ending its operations at the turn of the millennium. With continued employee support, its business expanded into infrastructure and data centers, increasing sales by 400% over the past five years.
Walker said employees were an essential part of the company's journey, and sharing the fruits of success was a decision reflecting his appreciation for their contributions over many years.
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