To say that Houston billionaire Jeffery Hildebrand has a reputation for being generous would be a massive understatement. He’s the CEO of Hilcorp, a Houston based oil and gas exploration and production company, and he just did something that makes most other company’s bonus checks look like pocket change.
Forbes reports, “Five years ago, when Hilcorp achieved its goal of doubling its oil and gas production, Hildebrand gave every employee the choice of $35,000 cash or $50,000 towards a new car. This year, despite the downturn, Hilcorp doubled its output again, to more than 150,000 barrels per day. So Hildebrand doubled the bonus — to $100,000.”
On the company website, Hildebrand explains, “I am proud of our Company and the people that have brought us to where we are today, and I am excited about where we are going tomorrow.”
Based at 1201 Louisiana Street in Houston, Hilcorp has locations throughout Texas, Alaska, and Louisiana, with more locations in Pennsylvania and Ohio. They currently don’t have any job openings though. We checked.