ClueByFour
Veteran
- Aug 20, 2002
- 3,566
- 37
Thursday, April 22, 2004
By Dan Fitzpatrick, Pittsburgh Post-Gazette
In the end, David Siegel's resignation as chief executive officer of US Airways was David Bronner's decision to make.
The US Airways chairman, worried about the deteriorating relationship between his CEO and the airline's 28,000 employees, made up his mind Monday morning, calling for a one-on-one meeting with the 42-year-old Siegel at a hotel near Mobile, Ala. The two men were there for a series of US Airways board meetings that began Sunday evening and lasted through Tuesday.
In a conversation described as gentlemanly, the head of the Alabama state pension fund that owns a controlling stake in US Airways said that for the airline to break a logjam between labor and management and achieve another round of concessions, Siegel would have to step aside.
http://www.post-gazette.com/pg/04113/304427.stm
By Dan Fitzpatrick, Pittsburgh Post-Gazette
In the end, David Siegel's resignation as chief executive officer of US Airways was David Bronner's decision to make.
The US Airways chairman, worried about the deteriorating relationship between his CEO and the airline's 28,000 employees, made up his mind Monday morning, calling for a one-on-one meeting with the 42-year-old Siegel at a hotel near Mobile, Ala. The two men were there for a series of US Airways board meetings that began Sunday evening and lasted through Tuesday.
In a conversation described as gentlemanly, the head of the Alabama state pension fund that owns a controlling stake in US Airways said that for the airline to break a logjam between labor and management and achieve another round of concessions, Siegel would have to step aside.
http://www.post-gazette.com/pg/04113/304427.stm