Photo, Video Credit: The Connor Group

Heroes USA11. May 2020

CEO Makes 1.6 Million Dollars in Stock Market – and Gives it to his Staff!

The shattering economy caused by the COVID-19 pandemic has resulted in financial burdens and uncertain futures across the globe. So when one American CEO won big in the stock market, he decided to put his earnings to good use.

Connor Group CEO Larry Connor earned 1.6 million dollars within eight days after making use of the recent market volatility with a few transactions, seeing it not as win for his pocket, but as an opportunity to help all his essential workers.

“I started to think about probably our most important core values: Do the right thing and people count,” said Connor in an all-staff meeting for his company, which operates high-end apartments in U.S. markets. “I’m taking the entire $1.6 million and dividing it up among all of you. In my view, this is not a gift. You have earned it.”

The bonuses range from $2,000 to $9,000 and are split among all staff in the company who are considered non-highly compensated and who started before the 1st of March.

“Six thousand dollars. This is something you don’t get every day,” says Pedro Ducos-Vazquez, one of the 400 staff in the company, who maintains a property in Raleigh, North Carolina. “He is not just saying company things to motivate you. He lives our company’s circle of values. He leads by example.”

Source:
USA Today

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