Now That's More Like it! Exec shares bonus with workers!

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kennyc
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Now That's More Like it! Exec shares bonus with workers!

Post by kennyc » Mon Sep 02, 2013 12:15 pm

Lenovo Chief Yang Shares Bonus With Workers a Second Year
By Bloomberg News - Sep 2, 2013 5:19 AM MT

Lenovo Group Ltd. (992), the biggest personal computer maker, said Chief Executive Officer Yang Yuanqing will share at least $3 million of his bonus with workers for a second straight year after posting record sales.

Yang Yuanqing, chief executive officer of Lenovo Group Ltd., was paid $14.6 million last year, including a bonus of $4.23 million and long-term incentive awards of $8.94 million, according to the company’s annual report. Photographer: Nelson Ching/Bloomberg
About 10,000 workers will get payments this month to recognize their contributions, Gina Qiao, senior vice president of human resources, said in a memo to some workers. The memo was confirmed by spokesman Jeffrey Shafer, who said the total payment will be about $3.25 million.
Lenovo posted revenue of $34 billion and PC shipments of 52.4 million units in the 12 months ended March 31 as the company gained market share and expanded sales of smartphones and tablets. The 48-year-old Yang, who gave $3 million from his bonus a year earlier, led the company past Hewlett-Packard Co. (HPQ) in the June quarter.

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Gord
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Re: Now That's More Like it! Exec shares bonus with workers

Post by Gord » Mon Sep 02, 2013 1:32 pm

kennyc wrote:
Lenovo Chief Yang....
What's a "chief yang", and are there subordinate yangs or is the "chief" title effectively meaningless? :befuddled:
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Re: Now That's More Like it! Exec shares bonus with workers

Post by OutOfBreath » Tue Sep 03, 2013 9:48 pm

And where are their wangs? :befuddled:

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Re: Now That's More Like it! Exec shares bonus with workers

Post by Gord » Tue Sep 03, 2013 9:50 pm

OutOfBreath wrote:And where are their wangs? :befuddled:
Most yangs hide their wangs under their wings, next to their yings. [/Dr. Seuss]
"Knowledge grows through infinite timelessness" -- the random fictional Deepak Chopra quote site
"Imagine an ennobling of what could be" -- the New Age BS Generator site
"You are also taking my words out of context." -- Justin
"Nullius in verba" -- The Royal Society ["take nobody's word for it"]
#ANDAMOVIE
Is Trump in jail yet?

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Re: Now That's More Like it! Exec shares bonus with workers

Post by Ali3nz » Sun Sep 22, 2013 2:24 am

Puns are fun.

With that said, glad to have purchased a Lenovo in the past.
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