Chief Executive OfficerYang 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., poses for a photograph during a pledging conference in Beijing on April 20, 2010. Source: ChinaFotoPress/Getty Images
"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. Yang holds about 744 million shares of Lenovo, or 7.1 percent of the company’s outstanding stock, as of the end of March, the report said."
$14.6 million last year,
$04.23 million, bonus
$08.94 million, long-term incentive awards
$27.77 million Total
Oh, that is nice, 10,000 workers split $3.25 million!
Photographer: Nelson Ching/Bloomberg
About 10,000 workers will get payments this month to recognize their contributions,