Delta’s Secular Trust Recipients

NAME
TITLE
NET TRUST PAYMENT W/ TAX "GROSS-UP"
BENEFIT AFTER TAXES

William E. Barnette
President, ASA Holdings Inc.
$815,974
$447,648

Robert Bell
Vice president, schedule development
$217,651
$117,074


Harold L. Bevis Jr.
Vice president, public affairs
$340,236
$184,798

John W. Boatright
Vice president, real estate
$363,411
$197,544

Walter A. Brill
Vice president, associate general counsel
$462,768
$253,174

M. Michele Burns
Exec. VP & CFO
$790,529
$435,660

Frederick W.P. Buttrell
President and CEO, Delta Connection Inc.
$93,361
$50,450

Vincent Caminiti
Sr. vice president, profitability initiatives
$545,999
$300,610

Anthony N. Charaf
Sr. vice president, Delta Air Logistics
$104,761
$55,505

Robert Colman
Exec. VP, HR
$2.1 million
$1.1 million

Terry M. Erskine
Vice president, labor relations
$1.3 million
$732,269

Vicki Escarra
Exec. vice president, marketing
$1.6 million
$884,262

Robert Harkey
Sr. VP, general counsel
$2.5 million
$1.4 million

Michael D. Keen
General Attorney II
$125,166
$88,446

Leslie P. Klemperer
Vice president, associate general counsel, secretary
$298,195
$162,280

Joseph Licitra
Vice president, airport customer service east
$100,640
$52,162

Lee A. Macenczak
Sr. vice president, sales and distribution
$200,825
$108,640

Paul Matsen
Sr. vice president, international alliances
$182,853
$99,420

Patrice Miles
Vice president, consumer marketing
$114,829
$60,602

Leo Mullin
Chairman & chief executive
$8.2 million
$4.5 million

Leon A. Piper
Vice president, worldwide benefits
$478,679
$261,823

Frederick Reid
President & COO
$1.5 million
$844,547

Gregory Riggs
Vice president - deputy general counsel
$544,614
$298,501

Thomas Slocum
Sr. vice president, corporate communications
$292,733
$159,728

James B. Taylor
Delta Benefit Trust
$332,425
$ 181,061

Ray Valeika
Sr. vice president, technical operations
$390,538
$214,406

John Varley
Assoc. General Counsel
$143,086
$76,240

William J. Williams
President and CEO, Delta Employees Credit Union
$251,547
$136,657

Lemuel Wimbish Jr.
Vice president, airport customer service Worldport
$95,545
$50,267

Donald Scott Yohe
Sr. vice president, government affairs
$791,780
$435,548

Michael M. Young
Vice president, community affairs
$111,642
$58,100

W. Paul Zampol
General Attorney II
$70,666
$35,943

Joseph Zang
General Attorney II
$94,253
$49,004

Anybody know what Reduced Lower Limit means? It is on the crew resources and sched page down where the ALVs for Jan are.

Hmm.. that's new. Lets see... Open the PWA.pdf ...search... "Reduced Lower Limit":

Exception two: In an international category with a limited mix of rotations, the lower limit of the LCW may be reduced (and noted in the bid package as the reduced LCW lower limit). This reduction is intended to allow the construction of a line for a pilot who otherwise would not be awarded a line. The published LCW lower limit may be waived to the reduced LCW lower limit at pilot request (through PBS) to allow a line award that is below the published LCW lower limit. A pilot who has elected the LCW waiver may be awarded a line below the LCW only after PBS is unable to award a line within the LCW. The Director – Crew Resources and the MEC Scheduling Committee Chairman will mutually agree to the reduced LCW lower limit for affected categories.

from LOA #20

Dang, I should have majored in vice presidency when I went to school...

Nu

Your post is highly misleading. I do not defend Mullin, Reid, Burns et. al. I state clearly that I loathe those that were given a SERP by that regime. But lets look at what you say above. There were 84 people who earned non-qualified benefits under the non-contract retirement plans. Only 35 got SERPs. You posted the list below. Out of that list, I only recognize 3 names still here. That doesn't quite sit with what the original poster's Captain claimed to have heard about those that came through the bankruptcy process.

My statement that there was no separate management pension plan at Delta is true. The Senior Executive Retention Plan wasn't a pension plan. It was theft by Mullin and Board to protect Mullin's cronies.

Not so fast there alfa. UALPA did not have the fortunate luck that DALPA did. Here at Delta we had Uncle Doug bidding on our airline as he was trying (another term for rooster) block the emerging deal with NWA. The good , the bad and the ugly of his actions were this.

Good...His bid significantly increased the value of the notes/claim. We got mo' $$$ because of this and this alone.

Bad...for him his bid failed. Good for us though.

Ugly...would have been lumped all up in the east/west mess.

Just wanted to make sure alfa that you included alllll the history in your version of events as well.

Later.

I love Boeing stuff but they seem like one screwed up company lately. 757 line shut down, 787 fiasco, no new ideas for old 737s. Kind of sad IMO.

The value of the Notes was fixed and had nothing to do with Parker. No luck there. Uncle Dougie's bid ended January 31, 2007. His (Airways)stock plummeted. Delta claims continued to trade above 50 cents on the dollar until bankruptcy exit. If it was all Dougie, how did that happen?:rolleyes:

Just wanted to make sure Manager that you included alllll the history in your version of events as well.:D

Actually, the contract NEVER expires. Under the RLA it is ammenable on Dec 31,2012. Wish it would expire. We could walk on Jan 1st if that was the case:mad:

You're right - I wasn't thinking. It would be nice to have a shiny new contract ready to go in 2013, but I think that's a bit unlikely.

Has there ever been a contract negotiation that resulted in a new contract when the old one was amendable?

When I was reading "Flying the Line" I *and* II, they were talking about how drawn out the negotiations were, and how it took a whole six months to get a new contract. That's lightening speed these days! I think Airtran took six years to get a new one.