Thread
:
Merger OKed, CEO bonus on hold, pilot speaks
View Single Post
03-27-2013 | 07:30 PM
#
3
Senior Skipper
Gets Weekends Off
Joined:
Jan 2008
Posts:
1,422
Likes:
0
From:
the correct seat
Quote:
Originally Posted by
misterwl
AMR merger with US Airways approved, but $20M CEO severance/bonus on hold | LeveragedLoan.com
$20M bonus not currently approved, on hold...
A lone American Airlines pilot was among the parties to speak at today’s hearing, reading a prepared statement that decried the large bonus and general lack of leadership among company management over the past decade. He proposed an alternative offer for Horton: $500,000 and free coach tickets for life...
AMR merger with US Airways approved, but $20M CEO severance/bonus on hold | LeveragedLoan.com
It's good to see that somebody is putting an end to these golden parachutes. I think the $500,000 sounds fair. Coach tickets for life...dunno. Maybe 5-10 years.
Reply
0
0
Senior Skipper
View Public Profile
Find More Posts by Senior Skipper