But if Farris has instilled anything in his employees, it’s that sharing is most certainly caring. The company’s gift-matching program which will match dollar-for-dollar any donation up to $10,000 to qualified charities and raised nearly $909,000 for charitable organizations in 2011. Furthermore, Apache Corporation (NYSE:APA) itself donated $500,000 to a newly created nonprofit organization that would help schools develop and build storm shelters in the wake of the tragic Oklahoma tornadoes.
Two thumbs up
Apache Corporation (NYSE:APA)’s stock performance last year may not be burning it up relative to its peers, but G. Steven Farris has definitely set his company and current shareholders up for success by ridding itself of non-performing assets, reducing debt, and focusing on liquid-rich assets. Furthermore, Farris has done a fantastic job keeping the employees of his company happy with a generous benefits package while also remembering to give back to the communities his company operates in. Farris is truly a class-act worthy of two thumbs up!
The article This Is 1 Incredible CEO originally appeared on Fool.com.
Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.The Motley Fool owns shares of Apache and has options on Chesapeake Energy.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.