The owner of Fibrebond offers its employees bonuses of 240 million dollars, each receiving approximately 443,000 dollars.

Graham Walker, the CEO of Fibrebond in Louisiana, has decided to offer his employees a total bonus of 240 million dollars, equivalent to 15% of the revenue obtained from the sale of the company to Eaton, a multinational specializing in energy management, for the sum of 1.7 billion dollars. Each of the 540 employees will receive approximately 443,000 dollars, with the bonus being paid over five years, provided that the employees remain with the company.

Graham Walker emphasized the importance of rewarding employees, stating that it is fair to offer them nearly a quarter of a billion dollars. Part of the bonuses has already been distributed, and employees have used the money to pay off debts or to finance their children's education. Fibrebond, founded in 1982, has overcome numerous challenges and has recently thrived due to the increasing demand for electrical equipment, influenced by advancements in artificial intelligence. Walker will retire from the company on January 31.