Tit me, Tat you… (Part 2/2)

Continuing from my previous post, and overlooking the fact that no one brought any milk, let’s talk about cookies and the case of Mrs. Ioanna Papadopoulou; the CEO of one of the most successful FMCG groups in Greece. Papadopoulos S.A (informally founded in 1916), is a company immensely famous for its biscuits both in Greece and the world. During the ’90s and the ’00s the company has been growing even faster with its EBT reaching €14 million in 2009. Since last December, the company also happens to be on the spotlight thanks to a very unconventional move by its charismatic CEO. Mrs. Papadopoulou, contrary to “rational” policies other directors have followed amidst the crisis, decided to not only embrace her employees but also empower them. This made Papadopoulos S.A. the only company, of its caliber, to raise the salaries of ALL its 800 employees and fire NONE.