While David Needleman is a great CEO who I might add had cares more about his employees then he does about lining his own pockets only makes an annual salary of around 200k a year.
It's a great technique to make your employees feel warm and fuzzy. The leader of the company making much less than his counterparts at other carriers.....heck, maybe I should do the same.
Don't let facts cloud the issue.
He could have simply packed it in. His wife of 21 years, Vicki V. Neeleman, says she kept reminding him he didn't have to work again--Neeleman pocketed $20 million from the sale of Morris Air.
I know...who could make ends meet with that? So...........
With time to spare and energy to burn, he started Open Skies, a ticketless airline-reservation-and-revenue-management system he later sold to Hewlett-Packard in 1999 for $22 million.
Is it just me, or does he make his real scratch by building things up.........then cashing out???