Jul
28
Agency Chief Gets Earn-out, Spreads Wealth to Employees
Posted in: Uncategorized
NEW YORK (AdAge.com) — Usual drill: Ad agency gets acquired, founders get rich and employees, well, get to work for the new boss. But that's not the drill at digital shop New Media Strategies, acquired by Meredith Corp. back in 2007. When that deal closed, CEO Pete Snyder and fellow founders set aside a stock pool to reward employees who stuck around.
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