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-   -   Proxy Fight at UAL BOD (https://www.airlinepilotforums.com/united/93795-proxy-fight-ual-bod.html)

krudawg 03-11-2016 09:36 AM


Originally Posted by Andy (Post 2086183)
Gerstner is the CEO of Altimeter Capital Management; he's the clown that has 1/3 of his hedge fund invested in United stock. He's just another effing greenmailer. The only way to keep these a-holes away is to cause the stock price to drop as a result of their meddling.

... by the way, after taking a look at O'Neal's 'leadership' history, I find all six completely unqualified for seats on the BOD.

Completely unqualified? I thing most people who are selected to be on a board are selected because they are connected, so to speak, and as such, most are unqualified. These board members are all part of the "Good ole boy" network.

Grumble 03-11-2016 11:56 AM


Originally Posted by b52dthdlr (Post 2086870)
I've been reading quite a bit about PAR and Altimeter. I suggest that the rest of you do the same. They own a small piece of United and a small piece of Delta. If any of you think that these 2 groups want to make United or Delta great airlines you are sorely mistaken. They are in this strictly for the money. If they have to step on the employee contracts and customer satisfaction of both airlines to get their money they will happily do it. These 2 groups and their new ex-con mouthpiece want to finish what the first ex-con (smiesnik, sp? don't care) started, destroy United for their personal profit. Bethune was praising smiesnik on his CNBC interview, THAT should be enough for anyone to understand their agenda.

http://media.tumblr.com/tumblr_lk7wc1WZ3T1qazxot.png

svergin 03-11-2016 12:52 PM


Originally Posted by b52dthdlr (Post 2086870)
I've been reading quite a bit about PAR and Altimeter. I suggest that the rest of you do the same. They own a small piece of United and a small piece of Delta. If any of you think that these 2 groups want to make United or Delta great airlines you are sorely mistaken. They are in this strictly for the money. If they have to step on the employee contracts and customer satisfaction of both airlines to get their money they will happily do it. These 2 groups and their new ex-con mouthpiece want to finish what the first ex-con (smiesnik, sp? don't care) started, destroy United for their personal profit. Bethune was praising smiesnik on his CNBC interview, THAT should be enough for anyone to understand their agenda.

Maybe Gordo wants to give us back our old ex-con pay rates and work rules?

CousinEddie 03-11-2016 04:44 PM


Originally Posted by b52dthdlr (Post 2086870)
I've been reading quite a bit about PAR and Altimeter. I suggest that the rest of you do the same. They own a small piece of United and a small piece of Delta. If any of you think that these 2 groups want to make United or Delta great airlines you are sorely mistaken. They are in this strictly for the money. If they have to step on the employee contracts and customer satisfaction of both airlines to get their money they will happily do it. These 2 groups and their new ex-con mouthpiece want to finish what the first ex-con (smiesnik, sp? don't care) started, destroy United for their personal profit. Bethune was praising smiesnik on his CNBC interview, THAT should be enough for anyone to understand their agenda.

Sounds like you are on the right track. The CNBC interview makes it obvious that Bethune took Smisek's dismissal personally. I found this article interesting too. There appears to be a history of angst between Bethune and Henry Meyer going back to Bethune's unexpected departure from CAL in 2004. Gordon appears to have an axe to grind.

United-Continental's Leadership Problems Have Deep Roots - Fortune

Boeing Aviator 03-11-2016 04:59 PM

I think your right about Gordon having an axe to grind. When Brennerman crossed ways with Gordon at the CAL BOD, Brennerman was gone in six months. Numerous reports of Gordon in Houston pilot lounge screaming and cursing about Brennerman to all who would listen. Remember he said something to the effect of if your going to start a cou you better kill the king. Make no mistake about it Brennernan was the brains behind CAL's turnaround, Gordon was the mouth piece. I believe he holds a grudge and wants revenge, Gordon has a large ego.

Andy 03-11-2016 05:50 PM


Originally Posted by krudawg (Post 2086814)
Completely unqualified? I thing most people who are selected to be on a board are selected because they are connected, so to speak, and as such, most are unqualified. These board members are all part of the "Good ole boy" network.

LOL! It's hard to argue with your post. I found it funny that Altimeter/PAR stated that these clowns were highly qualified ... a quick search of their backgrounds proved otherwise. It's like (other than Bethune) Altimeter/PAR didn't even try to find anyone with an aviation background

rp2pilot 03-11-2016 07:05 PM


Originally Posted by Andy (Post 2087097)
LOL! It's hard to argue with your post. I found it funny that Altimeter/PAR stated that these clowns were highly qualified ... a quick search of their backgrounds proved otherwise. It's like (other than Bethune) Altimeter/PAR didn't even try to find anyone with an aviation background

Which plays well with the narrative that they aren't really interested in improving operations but rather aim to slaughter the fatted calf for short term profit at the expense of the employees.

DB Cooper 03-12-2016 10:58 AM

Any chance Gordon's comments about Smisek were code? Meant for the employees to be fearful of the PAR and Altimeter proxy.
DB

rp2pilot 03-12-2016 11:09 AM


Originally Posted by DB Cooper (Post 2087500)
Any chance Gordon's comments about Smisek were code? Meant for the employees to be fearful of the PAR and Altimeter proxy.
DB

I think the ALPA MEC's official statement is code enough to oppose it. Seriously, look at the timing of this. After setting operational reliability records in the fourth quarter, these clowns say they need to step in and fix things. Every single analyst is baffled by this. It makes no sense if their (the raiders) intent is to improve operations. It does, however, make sense if their intention is to funnel all the profits to the shareholders (themselves) and sell off strategic assets to generate even more cash. These are NOT nice people. They started squawking just about the time Oscar Munoz was announcing that the employees of United were disconnected and abused.


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