Departing Admiral boss gives employees $1,400 thank you gifts
- 8 years ago
The outgoing CEO of insurance giant Admiral announced he will give employees who've been at the firm a year or more 1,200 euros (or $1,400) as a thank you gift before he retires in May. The rest of the 8,000 workers will get 600 euros (or $570), costing the American billionaire a total of about 9 million euros.