Press Play with Madeleine Brand
Chobani Founder Gives A Tenth of Company's Shares to Employees
Chobani founder Hamdi Ulukaya started his modest yogurt company in 2005. It’s now worth billions and employs around 2000 workers. On Tuesday, some of those employees personally got a lot richer when Ulukaya announced a plan to give one-tenth of the company’s shares to his employees.
By Madeleine Brand • • 1 min readChobani founder Hamdi Ulukaya started his modest yogurt company in 2005. It’s now worth billions and employs around 2000 workers. On Tuesday, some of those employees personally got a lot richer when Ulukaya announced a plan to give one-tenth of the company’s shares to his employees. For workers who have been with Chobani since the beginning, that could translate to a million-dollar windfall.
