Glenn Tilton

[goingboeing]

Glenn Tilton is Frank Lorenzo all over again.He is destroying the standard of living for all airline employees while sticking more money in his pocket.
Unfortunately,the labor unions leaders have gotten use to their high salaries and generous expense accounts are are not willing to risk them for the rank and file worker having better wages and benefits.
All they want is union dues collected monthly at any cost to support their corporation.

 

[crossfeed]

One thing he is not, is a Jack Welch. At least Jack leaned out the whole company, not just the workers. I feel cutting all aspects of a company while in bankruptcy will make the difference between a company that survives, and one that does not. Looks like Tilton is positioning for some sort of merger, or buyout, or investment from a star alliance partner? <_<

 

[boeing787]

Try merger...somewhere in texax or georgia 😱

 

[uafa21]

I think the company will be sold in pieces. Who knows where or to who. Jane Allen gave a hint of this last week. When asked if the Pacific routes were going to be sold her reply was, there are no plans to sell our most profitable routes but anything is possible.

I hope the juge takes away tilton's pension as well.

 

[North by Northwest]

"there are no plans to sell our most profitable routes but anything is possible" That's what Pan Am told it's employees about the Pacific Div....The Inter-Continental Hotel chain...The Pan Am Building. They're all liars. Their ONLY interest is to protect their own personal kitty bank. You would see a WHOLE different beast if their pensions and pay were on the line. CEO pay is up 10% yoy...average take home (including options) US$10 MILLION!

 

[C54Capt]

I heard that Tilton's compensation package totalled over $1,200,000 last year. Any truth to this? Maybe CEOs (Tilton) of money losing companies (UAL) should not be allowed to make more than CEOs of profitable airlies (SWA).

 

[goingboeing]

I heard that Tilton's compensation package totalled over $1,200,000 last year. Any truth to this? Maybe CEOs (Tilton) of money losing companies (UAL) should not be allowed to make more than CEOs of profitable airlies (SWA).

[post="264613"][/post]​

Read today's stories at yahoo airline news and you will see that he was the highest compensated major airline CEO.

 

[boeing787]

Absolutely true total compesation was 1.242 million with a contract worth 9.93mil.
He's number 465 on the FORBES.COM millionarire CEO list...he should'nt even be on there let's try min wage for him...sounds better :down: :down:






458 Chad C Deaton Baker Hughes 1,437 -- 5.8 52 --
459 William J Post Pinnacle West 1,417 5 7,142 5.6 54 --
460 Lothar Maier Linear Technology 1,325 6 -- 1.6 49 --
461 Jure Sola Sanmina-SCI 1,319 4,919 13.3 53 127
462 Terry Considine Apartment Investment 1,308 4,638 61.0 58 116
463 Howard R Levine Family Dollar Stores 1,251 14,345 300.5 46 93
464 William P Sullivan Agilent Technologies 1,251 6 -- 0.2 56 --
465 Glenn F Tilton UAL 1,242 9,939 3 -- 57 --
466 Thomas E Hoaglin Huntington Bancshs 1,238 5,137 2 2.9 55 --
467 David Simon Simon Property Group 1,228 13,384 270.0 43 43
468 William C Rhodes III AutoZone 1,200 -- 0.5 39 --

 

[Winglet]

Jane Allen. She's a beauty too. Jumped ship at AA for a real lucrative package at UAL. She'll probably walk away from the corporate wreckage real pretty too.

 

[Busdrvr]

Who says UAL doesn't have industry leading pay!!

 

[rotate]

Leading from the rear.

I couldn't be more disappointed. 🙁