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How Chobani CEO ensures that employees will share in the company's success

How Chobani CEO ensures that employees will share in the company's success

Greek yogurt is known for being rich in flavor and protein. Now some employees at Chobani could become rich themselves.

Founder and Chief Executive Hamdi Ulukaya announced that he would be giving all of his 2,000 full-time workers awards that could be worth up to 10% of the privately held company's future value if it goes public or is sold. Each employee will be given "Chobani Shares" or award units, based on the workers' tenure and role at the company, which could be converted to cash or shares in the event of an initial public offering or a sale. The value of the awards are dependent on company performance, however, and have the potential to be worth nothing if Chobani...

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