AMR board is meeting today 4/23

AAStew

Veteran
Feb 24, 2003
877
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Mikey,
Everyone is caught between a rock and a hard place here. Mr. Carty could do two honorable things here.
1. Rescind the SERPS.
2. Hand in his resignation.
If you read all the articles written this week, that is what most consultants are calling on AMR to do.
Personally, I think the entire company needs to be restructured. ALL of these Execs knew about this SERP (Jane Allen included).
Not one ever brought it out into the open. I know we can't get rid of all of them, but this company mentality has got to go, it does not work! And on a lighter note wouldn't our AAFLTSVC website look much more attractive withour HER picture on it? Man she is scary! Meow.....
 

wts54

Senior
Sep 16, 2002
374
0
www.usaviation.com
from dallas morning news


Some AMR Corp. directors are considering replacing chairman and chief executive Donald Carty in an attempt to salvage the company''s concessions agreements with its three unions and keep it out of bankruptcy, according to a person familiar with the board''s thinking.
 

Guest
Hey one thing clear, I am a lover of FA's(females only plz), but a hater of the APFA
 

WingNaPrayer

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Aug 20, 2002
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AMR directors mulling ouster of CEO Carty - report


DALLAS (AFX) - Some AMR Corp(NYSE:AMR) directors are considering replacing chairman and chief executive Donald Carty in an attempt to salvage the company's concession agreements with its three unions and keep it out of bankruptcy, the Dallas Morning News reported, citing an unnamed source close to the board.
The report said there is no formal motion before the 12-member board to fire Carty, but his fate probably will be discussed today during a morning conference call among the directors and will be the main issue at a meeting tomorrow in Dallas.
"It's the first sign of displeasure among board members with Carty's tardy disclosures of executive-retention packages at the parent of American Airlines," the report said.
"American employees learned of the perks just hours after they finished voting on 1.62 bln usd worth of pay and benefits cuts," the report said.
The report quoted the source as saying that several board members feel that they were misled by repeated assurances from Carty, who is also a board member, that labor leaders had been briefed about the retention bonuses and protected pension fund.
"Some members of the board felt as betrayed as labor union members," the source said. "The board was told by the CEO that labor was fully informed of the details."
The report said some directors believe they must replace Carty with someone who can rebuild trust with union leaders to avert bankruptcy.
 
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A

AAStew

Veteran
Feb 24, 2003
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Hey Ford,
At least we agree on one thing, but that is the best one I have seen of her.
 

Checking it Out

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Apr 3, 2003
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Here is an email address for one of the Board Members at AA.
David Boren dboren@ou.edu

Does anyone have contact info on the others?

Would like to voice my opinion about the demise we are in.

 

WingNaPrayer

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The news is now reporting the possibility of joint command between Crandall/Arpey. Crandall denies any of it and has emphatically stated that he would NOT take the CEO position under any terms, but would be available to assist (consult) with any transition and restructuring.

The speculation is running rampant!
 

WingNaPrayer

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Aug 20, 2002
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----------------
On 4/23/2003 10:07:22 AM Checking it Out wrote:


Here is an email address for one of the Board Members at AA.
David Boren dboren@ou.edu

Does anyone have contact info on the others?

Would like to voice my opinion about the demise we are in.



----------------

Here you go, and best of luck. Email addresses may not be current.


[SIZE= 10pt]BOARD OF DIRECTORS[/SIZE][SIZE= 10pt] [/SIZE]




[SIZE= 10pt]John W. Bachmann
Managing Partner
Edward Jones
(Financial Services)
St. Louis, Missouri[/SIZE]
John.bachmann@edwardjones.com[color=" black"][/color]

[SIZE= 10pt]David L. Boren
President
University of Oklahoma
(Educational Institution)
Norman, Oklahoma[/SIZE]
[SIZE= 9pt]dboren@ou.edu[/SIZE][color=" black"][/color]

[SIZE= 10pt]Edward A. Brennan
Retired Chairman, President
and Chief Executive Officer
Sears, Roebuck and Co.
(Merchandising)
Chicago, Illinois[/SIZE]
[SIZE= 10pt]Email: None[/SIZE][color=" black"][/color]


[SIZE= 10pt]Donald J. Carty
Chairman and
Chief Executive Officer
AMR Corporation/American Airlines, Inc.
(Air Transportation)
Fort Worth, Texas[/SIZE]
don.carty@aa.com[SIZE= 12pt][/SIZE]

[SIZE= 10pt]Armando M. Codina
Chairman and Chief Executive Officer
Codina Group, Inc.
(Real Estate Investments,
Development and Construction,
Property Management
and Brokerage Services)
Coral Gables, Florida[/SIZE]
info@codina.com
armando.codina@codina.com[SIZE= 12pt][/SIZE]

[SIZE= 10pt]Earl G. Graves
Chairman and Chief Executive Officer
Earl G. Graves, Limited
(New York, New York)[/SIZE]
earl.graves@blackenterprise.com
[SIZE= 7.5pt](212) 242-8000[/SIZE]
[SIZE= 10pt]corpcomm@blackenterprise.com[/SIZE][SIZE= 10pt][/SIZE]


[SIZE= 10pt]Ann McLaughlin Korologos
Chairman Emeritus
The Aspen Institute
(Educational and Public Policy Organization)
Aspen, Colorado [/SIZE]
ann.korologos@aspeninstitute.org[color=" black"][/color]

[SIZE= 10pt]Michael A. Miles
Special Limited Partner
Forstmann Little & Co.
(Investment Banking)
New York, New York[/SIZE]
mmiles@forstmannlittle.com[color=" black"][/color]

[SIZE= 10pt]Philip J. Purcell
Chairman and Chief Executive Officer
Morgan Stanley Dean Witter & Co.
(Financial Services)
New York, New York[/SIZE]
ppurcell@morganstanley.com[color=" black"][/color]


[SIZE= 10pt]Joe M. Rodgers
Chairman
The JMR Group
(Investment Company)
Nashville, Tennessee[/SIZE]
[SIZE= 10pt]jrodgers@thejmrgroup.com[/SIZE][color=" black"][/color]

[SIZE= 10pt]Judith Rodin
President
University of Pennsylvania
(Educational Institution)
Philadelphia, Pennsylvania[/SIZE]
rodin@pobox.upenn.edu
[color=" black"][/color]

[SIZE= 10pt]Roger Staubach
Chairman and Chief Executive Officer
The Staubach Group
(Real Estate Services)
Addison, Texas[/SIZE]
rogerstaubach@staubach.com[color=" black"][/color]