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-   -   What did your ceo make last year? (https://www.airlinepilotforums.com/regional/16834-what-did-your-ceo-make-last-year.html)

bla bla bla 09-12-2007 08:33 AM

What did your ceo make last year?
 
http://articles.moneycentral.msn.com...aspx?GT1=10421


The top bosses at the top 20 investment shops earned an average of $657.5 million for the year!!!! Thats right over a half a billion in one year!

Still think skyw is lookin out for you? They spent almost 250 million last quarter buying back stock in an attempt to increase the stock price! That would have been a nice raise for you first year guys!!! To bad we had no say in any of that.

bla bla bla 09-12-2007 08:40 AM

http://articles.moneycentral.msn.com...Os.aspx?page=1

Another good article... 4 ways to fight greedy ceo's

RightSeatDude 09-12-2007 08:46 AM

Sure you get a say...
 
Start your own airline and run it how you see fit. It's a corporation's job to look after their stockholders. Their purpose is not to cater to pilots. Whether right or wrong, that's the way it is.


Originally Posted by bla bla bla (Post 229681)
http://articles.moneycentral.msn.com...aspx?GT1=10421


The top bosses at the top 20 investment shops earned an average of $657.5 million for the year!!!! Thats right over a half a billion in one year!

Still think skyw is lookin out for you? They spent almost 250 million last quarter buying back stock in an attempt to increase the stock price! That would have been a nice raise for you first year guys!!! To bad we had no say in any of that.


bla bla bla 09-12-2007 08:55 AM


Originally Posted by RightSeatDude (Post 229690)
Start your own airline and run it how you see fit. It's a corporation's job to look after their stockholders. Their purpose is not to cater to pilots. Whether right or wrong, that's the way it is.


Please take some time to learn something new and read some of those articles.

Wedge Buster 09-12-2007 10:01 AM


Originally Posted by RightSeatDude (Post 229690)
Start your own airline and run it how you see fit. It's a corporation's job to look after their stockholders. Their purpose is not to cater to pilots. Whether right or wrong, that's the way it is.

The point is executives are not looking out for shareholders they are only looking out for them selves.

Wedge Buster 09-12-2007 10:09 AM

It’s hard to argue that high employee salaries are making it hard for companies to compete when the CEOs are making as much money in ten minutes as an average employee makes in a full year.

Wedge Buster 09-12-2007 10:11 AM

"We are back to the gilded age of a hundred years ago"

That about sums it up.

LeoSV 09-12-2007 10:39 AM


Originally Posted by Wedge Buster (Post 229715)
The point is executives are not looking out for shareholders they are only looking out for them selves.

you could argue that they are looking after themselves by looking after the shareholders. either way, the employees are not in the equation. Most shareholders are employees of one company or another. I'm just naming absurdities, no solutions.

ExperimentalAB 09-12-2007 10:45 AM

Why are you singling-out SKW here?? What does YOUR CEO make, and is your contract better than what we've got?

Bad argument.

bla bla bla 09-12-2007 11:15 AM


Originally Posted by ExperimentalAB (Post 229737)
Why are you singling-out SKW here?? What does YOUR CEO make, and is your contract better than what we've got?

Bad argument.

I work for skyw, my friend. I can’t remember the specifics from the sec filings but Jerry was just under 1 million for the year, as was Ron and Brad. Not excessive in my opinion.

The whole point is ceo's and the boards of directors are out of control! What happened to investing in your employees, and the long-term viability of a company?

Please explain to me how buying back 250 million dollars worth of stock is the best place to put that money for long-term success of the company....


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