Originally Posted by
LifeNtheFstLne
The chief executive of Continental Airlines Inc. received total compensation last year of $7.3 million, about 6 percent less than he got in 2006, according to documents filed Tuesday.
Larry Kellner, 49, had a base salary of $712,500, according to the company's proxy filing in advance of its June 11 annual meeting in Houston.
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That's actually less pay than I expected. I'm not defending CEO pay, especially as we're under a concessionary contract, but aren't some of the CEO's at other carriers getting compensated WAAAAY more than this as they continue to lose HUNDREDS of millions QUARTERLY?
Some additional info I found:
Current Salaries: Kellner=$752,083 Smisek=$600,000 Misner=$375,000
Kellner and Smisek both live in Houston in $1.6M homes. Given their salaries and bonuses they could have gone much higher. Although, then their other homes might of had to cost less.
