Arpey already has a new job
11-29-2011, 09:13 PM
#13
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Joined APC: Mar 2011
Position: Crj 200 FO
Posts: 21
Severance....It's big, worth its wait in gold, and will be untouchable in BK courts. I'm guessing 20 mil+ with guarantee stock prices and options. Lifetime free flights in first class, lifetime medical, probably a country club memebership, and tickets to the Dallas Mavs if he likes basketball.
11-29-2011, 09:44 PM
#14
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Joined APC: Jun 2009
Posts: 155
Originally Posted by surfnski
I'm really surprised somebody hasn't tried to whack one of these guys. Just sayin...
Last edited by m78fl370; 11-29-2011 at 09:58 PM.
11-30-2011, 06:48 AM
#15
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Joined APC: Jun 2008
Position: 737 CAPT
Posts: 1,882
Gerard Arpey joins Larry Kellner's firm
When former Continental CEO Larry Kellner resigned at the end of last year he left to start his own private equity firm in Houston, the Emerald Creek Group.
It didn't take long for Gerard Arpey to find a place to land. According to this article:
US Airways Seen as Possible Merger Partner as AMR Restructures in Court - Bloomberg
It didn't take long for Gerard Arpey to find a place to land. According to this article:
US Airways Seen as Possible Merger Partner as AMR Restructures in Court - Bloomberg
Horton, 50, takes over the posts of chairman and CEO from Gerard Arpey, 53, who retired from AMR and is becoming a partner at Emerald Creek Group, a Houston-based private equity firm.
11-30-2011, 07:22 AM
#16
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Joined APC: Dec 2009
Position: 7ERB
Posts: 2,039
Originally Posted by Sailor
Its amazing how scum in this corporate world, specially here in the us gets away with destruction of companies, severance package and not one day on the unemployment line.
The american way, for the few.
The american way, for the few.
In the business world it becomes so hard to be honest, when so many are con-men.
I apologize for American's Bankruptcy. You, the AA employees, are why American has been such a good airline. As a child I relished in your service and company.I am so sorry and wish you the best in the future. I am also disgusted with your managers.
Thank you for not caving in to your A***** management team. Thank you for not having your expectations lowered. And most importantly, I am rooting for you.
First step in "fixing" this industry is Kicking out all these con-men/bs artists. Next step is to take back our flying.
Arpey's karma will haunt him one day, along with the other snake oil salesmen.
Keep your head-up and CONTINUE TO FIGHT! You are AA.
TEN
11-30-2011, 08:42 AM
#17
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Joined APC: Oct 2011
Posts: 383
Originally Posted by m78fl370
If you ever get the chance to read the executive compensation section in an annual shareholders report, you'll find that Arpey had personal security for him and his family as one of his benefits. I'm sure they all do. Pu$$ies. They're a bunch of spineless scumbags. Reading that section will make you want to puke. On top of the staggering amount of money in bonuses and other compensation he recieves, I found the "personal allowance" of $36,000 kind of amusing. That must just be his beer money or something. The truly sad part is, that is more money than a lot of employees of Eagle and American make total in a year. The people that actually do the work to keep the airline going. But the damn employees are making too much, dragging the company down. This pricks beer money. These people are shameless.
11-30-2011, 09:20 AM
#18
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Joined APC: Oct 2005
Position: A320/321 FO
Posts: 1,114
Originally Posted by Sailor
Its amazing how scum in this corporate world, specially here in the us gets away with destruction of companies, severance package and not one day on the unemployment line.
The american way, for the few.
The american way, for the few.
11-30-2011, 09:31 AM
#19
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Joined APC: Dec 2009
Position: 7ERB
Posts: 2,039
Originally Posted by Laxrox43
...Arpey is the 1%
Look at our country and what it has become today. Dishonesty, manipulation and the lack of ethics is to blame.
I dont mind CEO and Management teams getting golden parachutes and high pay, if they conduct business with integrity.
TEN
12-02-2011, 08:50 AM
#20
On Reserve
Joined APC: Jan 2010
Position: Left seat hauling trash
Posts: 17
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