A now-former CEO of a manufacturing and engineering firm in Louisiana gifted the factory’s 540 full-time employees $240 million in bonuses after he sold the company for $1.7 billion.
Graham Walker would not sell Fibrebond to prospective buyer Eaton if it did not “earmark 15% of the proceeds for its employees,” the New York Post noted.
The deal would ensure employees receive, on average, $443,000 spread over five years.
CHRISTMAS MIRACLE World’s ‘best boss’ dishes out $240 million in Christmas bonuses to factory staff – with each employee receiving an average payout of $443,000.
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Graham Walker, the outgoing CEO of Fibrebond, secured $240 million in bonuses for 540 full-time employees when he… pic.twitter.com/tPx42XSrO9
— Toria Brooke (@realtoriabrooke) December 26, 2025
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