Top Ten highest paid airline CEOs in the world
10-09-2008, 07:50 AM
#13
Che Guevara
Joined APC: Aug 2005
Posts: 6,408
There need to be more laws in place. I know this is a capitalist country, as it should be, and that gov't input is limited, as it should be, but there simply aren't enough checks and balances in place for CEOs. More or less chop the "golden parachute". No reason to reward someone for driving their company into the ground.
At least ALPA is fighting Tilton.
At least ALPA is fighting Tilton.
10-09-2008, 10:40 AM
#16
Gets Weekends Off
Joined APC: Jun 2008
Position: Reclined
Posts: 2,168
Originally Posted by stoki
Found it in another thread.
Dixon in the $10m high club | smh.com.au
Glenn Tilton - UA - $US10.3 million
Geoff Dixon - QF - $AUD11.92 million
Douglas Steenland - NW - $US7.73 million
Larry Kellner - CO - $US7.31 million
Douglas Parker - US - $US5.4 million
Gerard Arpey - AA - $US3.1 million
Willie Walsh - BA - £701,000
Jean-Cyril Spinetta - AF-KLM - €1.39 million
Wolfgang Mayrhuber - LH - €2.4 million
Chew Choon Seng - SIA - $S3.5 million
A good point made was that from the top six, five are CEOs from the struggling/furloughing/paycutting/nickel and diming/mess that are U.S Airlines, which are also by far the worst to be a passenger with, on that list.
Dixon in the $10m high club | smh.com.au
Glenn Tilton - UA - $US10.3 million
Geoff Dixon - QF - $AUD11.92 million
Douglas Steenland - NW - $US7.73 million
Larry Kellner - CO - $US7.31 million
Douglas Parker - US - $US5.4 million
Gerard Arpey - AA - $US3.1 million
Willie Walsh - BA - £701,000
Jean-Cyril Spinetta - AF-KLM - €1.39 million
Wolfgang Mayrhuber - LH - €2.4 million
Chew Choon Seng - SIA - $S3.5 million
A good point made was that from the top six, five are CEOs from the struggling/furloughing/paycutting/nickel and diming/mess that are U.S Airlines, which are also by far the worst to be a passenger with, on that list.
Old Data,
Gerard Arpey, CEO at AA, is the highest paid airline CEO currently. His total compensation package is 10 times the nearest competitor.....
10-11-2008, 06:01 AM
#18
Line Holder
Joined APC: Sep 2008
Posts: 82
CEO decisions not their salaries run airline in the ground.
First of all CEO salaries is not what puts airlines out of business. CEO and Unions decisions put airlines out of business. I'm no fan of highpaying CEO's nor am I'm a fan of self serving unions which is what most of them are. But to sit there and say because CEO makes a X amount of money is causing the airline to go out business is just plain foolish. I suggest you all get a copy of the book "Hard Landings". In that book it talks about both the bone head moves both CEO's and Unions contribute to demise of airlines. Southwest used to hand out that book to all it's new hire classes. Interesting look at the airline industry.
10-11-2008, 07:37 AM
#19
18 Day Gear Monkey
Joined APC: Jun 2008
Position: Phenom Gear Jockey
Posts: 171
The problem is not that their salary is hurting the company, it is that they are not doing a job deserving of that ridiculous salary in the first place. Tilton is effectively running United into the ground and getting paid a ton of money to do it. If an airline is well run and turning a profit, then a CEO salary comparable to Tilton's would be fair compensation for a job well done, but you should not be making that much money for ruining an airline. Just one man's humble opinion though.
