FredEx -One of the reasons you HAVE to negotiate TOUGH!

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12-30-2005, 10:19 AM

captain_drew

Gets Weekends Off

Thread Starter

Joined APC: Feb 2005

Position: FredEx Captain-Retired

Posts: 408

FredEx -One of the reasons you HAVE to negotiate TOUGH!

From: Capt E.L. Bowen:

HOW ABOUT THIS FOR A NICE LITTLE X-MAS BONUS?
BET "THE BRONC" HAS A BETTER MEDICAL AND PILL PLAN THEN ME ALSO. AHHH WHAT THE HELL..I GOT TO FREEZE MY ASS OFF IN ANC, ORD, IND, BOS, EWR DURING THE HOLIDAYS AND HE HAD TO GIVE THAT ALL UP!
Sent: Friday, December 30, 2005 8:39 AM

Cashing In: On December 22, FedEx Express President and CEO David Bronczek exercised 43,620 stock options at a purchase price of $19.3438 per share, costing him a total of $843,776. That same day, Mr. Bronczek sold 53,620 shares of FedEx stock at prices ranging from $104.50 to $104.92 per share, or a total of $5.6 million. Total net profit for Mr. Bronczek in one day of FedEx stock option grabs: $4.76 million.

How's this make you FredEx guys who are still hung up in protracted negotiations feel?

Management pukes ALWAYS take care of themselves, DON’T THEY?

12-30-2005, 01:17 PM

TonyC

Organizational Learning 

Joined APC: Nov 2005

Position: Directly behind the combiner

Posts: 4,948

Quote:

Originally Posted by captain_drew

How's this make you FredEx guys who are still hung up in protracted negotiations feel?

I try to avoid getting wrapped up in feelings and emotions about the whole thing - - it is, after all, a business transaction.

It just makes me more committed to giving 100.0% every day.

- The truth only hurts if it should. -