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Old 06-22-2014 | 09:28 AM
  #160856  
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RockyBoy
Doesn't Get Weekends Off
 
Joined: Jun 2007
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Originally Posted by tsquare
Your post is very emotional as evidenced by the... shall I use the word "critique"? of those that believe Mr Anderson is doing a fine job... the best job this industry has seen in a long time, if not forever. So you accuse him of being totally motivated by self interest and greed. OK... if that were the case, why would he hang around this industry? After the turnaround he has done at DAL, I am quite certain that he could go many other places and make a ton more coin. In your post, you seem quite class envious of his position. You make a judgement about what he "deserves". That is dangerous ground my friend. Maybe we should write our congressmen to pass the "Anti - dog eat dog rule"... Getting DAL relisted on the S&P is a great thing for DAL. It means that many more investors MUST buy the stock. The buyback value is a bit more tricky. In terms of ROI, it really doesn't make that much money for any shareholder... paying down debt would garner a far better ROI, but I understand the psychology. What it does do is to instill a sense of confidence in management for those shareholders. That is good for us as pilots, because it means more money and more value for the enterprise. Do the execs get rich? You betcha. Do I personally care? Nope, not really. I'm not an executive. I'm not an NBA power forward either getting paid way too much money to play a game. I play the cards I am dealt. And I am not necessarily as cynical as sailingfun about the timing of the next contract. The company might want to lock us in before we hit the $5B debt in 2016. Because after that, it will be really really hard to justify not paying us a lot more. Food for thought.
I'm with T on this one. Pay RA whatever. As long as he is paying down debt and running the company like he has since he arrived, I don't care what he gets paid. Paying down debt has been the best long term move any CEO at Delta has done in decades. Having our debt below 5 Billion is huge for those of us who have a lot of years left here.

C2015 better be good for us though. Without the givebacks the pilot group gave RA wouldn't have had a company to come and run. Are we really now the only employee group not back to pre bankruptcy pay levels??