Mike Van de Ven
#41
New Hire
Joined: Feb 2022
Posts: 4
Likes: 0
I'm just glad to see some movement away from "That's how we've always done it". Hopefully AW will breath some new life into our culture and direction. I believe the more we can evolve from the top down, the more we can evolve into more than just an overgrown business model.
#42
I'm just glad to see some movement away from "That's how we've always done it". Hopefully AW will breath some new life into our culture and direction. I believe the more we can evolve from the top down, the more we can evolve into more than just an overgrown business model.
Don’t count on it ,GK is still calling all the shots. He just knows that he burnt the culture the airline had , down to the ground. I am sure he thinks having a puppet with a title of CEO will change things.
#43
Line Holder
Joined: Sep 2009
Posts: 693
Likes: 30
I agree that gk knows he ground the culture into the ground in exchange for his accolades on cnbc. I also believe he couldn’t GAF… he got ‘His’ and that’s all that matters for people like him.
#44
#45
#46
Gets Weekends Off
Joined: Apr 2013
Posts: 4,554
Likes: 397
Hmm. You know what will instantly increase the value of those shares?
I'll give you a clue, the company loves to do it and hasn't been able to for over two years.
Another clue?
It rhymes with "destore the rividend" and "block stybacks". One is a valid way to reward shareholders, many of whom exist here. The other is an accounting tool to hide excess money that could be used to reward employees.
The Kelly/VDV era will forever be remembered as a dark time for company employees and a great time for executives and shareholders. At least you knew where Gary Kelly stood. He was going to do whatever he could in his power to maximize shareholder value, damn the consequences to long term employee morale and motivation.
VDV was way above his maximized potential. He was a blundering accountant forced into a job that requires planning, sharp execution, leadership. and accountability. He proved over and over again that you can fail miserably at your job with zero consequences. Not only that, he never once took the blame for hundreds of millions of dollars worth of mistakes that happened on his watch. I have met him, and he is sure a nice guy, but nice doesn't make an airline run well.
Good riddance to both of them. I am sure GK is still pulling some strings, but he will fade away in time and leave a legacy of neglect that will take years to fix.
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