Article

Fibrebond CEO Graham Walker awarded $240 million in bonuses to 540 employees following the company's $1.7 billion sale to Eaton, with an average payout of $443,000 per employee over five years. This bonus distribution was part of the sale negotiations, aimed at retaining staff who lacked equity stakes, and has enabled many employees to alleviate debts and support their families. Under Walker's leadership, Fibrebond has seen significant growth, particularly in data center infrastructure, despite past challenges like a factory fire in 1998.