Lenovo Chief Yang Shares Bonus With Workers a Second Year

Chief Executive OfficerYang Yuanqing will share at least $3 million of his bonus with workers for a second straight year after posting record sales.

Lenovo CEO Yang Yuanqing

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

Lenovo CEO Yang Yuanqing

"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, 

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