Originally Posted by
TheManager
Art Aaron is really impressive. After hearing him converse with other pilots and from reading his updates, he has proven to be a strategic thinker, very intelligent and creative as well.
He really should be our MEC Chairman.
Side note: On the note of "investment grade stock," how do you all feel about being given stock grants (not options) every year as added compensation? This is being kicked around again. There are some obvious flaws (diluting the shares, etc.) and some benefits.
I agree, he has the brains to be Chairman if he desires to be. Not sure if he does, as I have not asked him but I agree with his strategic mindset.
As for stock grants. I have talked about this with a few reps. Grants are fine, above an acceptable level of compensation. Granted and vested immediately so that they can be sold the second they are given. Done on a semi annual basis. 20% valuation discount on current share price. Options to vest in 401K on a share by share basis. Would like to see some sort of Roth option as well.
Profit sharing needs to be tripled and paid quarterly.