
Outgoing CEO Graham Walker of Fibrebond, a Louisiana-based manufacturer, ensured 540 employees received a share of the company's $1.7 billion sale to Eaton. As a condition of the sale, $240 million was allocated to workers, averaging $443,000 per employee, distributed over five years. This payout, which did not require employees to hold equity, provided significant financial relief and life-changing opportunities for many long-term staff members.