Arpey declines higher salary
Gerard Arpey, chairman and chief executive of AMR Corp., has declined a raise offered by the board of directors, the Fort Worth company said Wednesday.
The parent of American Airlines Inc. set the base salary for Mr. Arpey's position at $625,000 a year, said spokesman Roger Frizzell.
He currently earns $513,700, the same salary he earned as president and chief operating officer.
Arpey declines higher salary
Its a good thing. How short sighted is this board. I guess at least Arpey believes it is a shared sacrifice. Then again how could he continue to talk to us or ask for support while taking a 100,000 plus dollar a year raise.
Gerard Arpey, chairman and chief executive of AMR Corp., has declined a raise offered by the board of directors, the Fort Worth company said Wednesday.
The parent of American Airlines Inc. set the base salary for Mr. Arpey's position at $625,000 a year, said spokesman Roger Frizzell.
He currently earns $513,700, the same salary he earned as president and chief operating officer.
Arpey declines higher salary
Its a good thing. How short sighted is this board. I guess at least Arpey believes it is a shared sacrifice. Then again how could he continue to talk to us or ask for support while taking a 100,000 plus dollar a year raise.