Business Services Industry
Irvine, Calif., eMachines Workers Get $72.5 Million in Bonuses from Owner.
Knight Ridder/Tribune Business News, April, 2004
The Orange County Register, Calif. Knight Ridder/Tribune Business News
Apr. 15--Orange County entrepreneur John Hui is the type of boss who demands a lot from his employees. His high expectations and their long hours helped turn around Irvine computer seller eMachines.
Hui also gives a lot. When he sold the company last month for nearly twice what he paid for it just three years ago, Hui rewarded employees by giving them $72.5 million -- the lion's share of his profit on the deal.
"John was extremely generous," said Bob Davidson, an eMachines vice president and now a senior vice president at Gateway who became a millionaire thanks to Hui's largesse. "A lot of people were touched."
A Chinese immigrant whose legal name is Lap...
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