Originally Posted by
MikefromMT
I may be wrong, but in my estimation BH is paid based upon his company's performance. Management has been telling us that we are leading this airline towards it's death, but BH's pay shows an entirely different story.
I do not have an issue with the 1.1 million he made and am thrilled he and the rest of our management team came up through the ranks rather than from a mba school, but I simply can't wrap my head around blaming us while they are getting substantial raises.
Also, I bet the pay decrease in 2011 was solely due to the dramatic decrease in stock value.
Then would it be accurate to say that the increase would be due to the rebound of the stock? If so, he has created an opportunity borne of risk, which we have not, unless we own stock as well, so he is more invested in the company, and a such, has earned a greater share of it.
I have no idea if your statement is accurate, but if it is, there is another side to it.