A Monument for Jack Windolf!

JW is CEO of Bollinger Insurance. When he sold 51% of the company last year, he received $500,000 in deferred compensation. He recently decided to spend $434,000.

How?

He gave each of his 434 employees a $1,000 check out of his own pocket—which he called a “mini-economic stimulus package.”

Source: AOL, 0405.09

Tom Peters posted this on April 6, 2009, in Excellence.