Wow, isn’t he a sweetie pie! In February, LinkedIn’s stock took a 40% plunge in share price and this upset employees. CEO Jeff Weiner, however, came up with a great plan to help boost employee morale. He’s donating his $14 million yearly stock bonus to LinkedIn employees. Following a 40% plunge in share price earlier this month, LinkedIn CEO Jeff Weiner is donating his $14 million stock bonus to employees to make up for the drop. On Wednesday, the social network for professionals filed documents to the U.S. Securities and Exchange Commission outlining the compensation packages for its executives for 2016. However, as tech news site Re/code first discovered, Weiner’s is missing because he’s forgoing his annual stock grant this year. “He asked the Compensation Committee to take the stock package he would have received and put it back in the pool for employees,” a LinkedIn LNKD -1.96% spokesman told Re/code. It reported that the bonus would have been valued at $14 million according to sources. Read more…
