This CEO Made $1.6 Million In The Stock Market, Then Gave It All To His Employees
May 3, 2020
The owner of a Florida real estate investment firm made a companywide announcement that he'd made $1.6 million in the stock market in the span of just eight days -- and he's giving it all to his employees.
Larry Connor, the CEO of The Connor Group, informed his employees of the good news during a Zoom company meeting.
"These are challenging times," Connor said to his employees. "But the way our people have responded has been nothing short of heroic. Our number one core value is 'Do the right thing.' So when I think about how I made the money compared to what our associates do on every day, to me, it was the right thing to do."
The Connor Group has roughly 400 employees, whom the company calls "associates." Bonuses ranged from $2,000 to $9,000 and will be paid to all non-highly-compensated associates who started with the company before March 1.
"Six thousand dollars. This is something you don't get every day. It just blew mind, I was so happy and I'm glad that I work for a company like this," said Pedro Ducos-Vazquez, who has been with the company for 7 years. "He is not just saying company things to motivate you. He lives our company's circle of values. He leads by example."
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