Horton may stay as CEO of "New" American...

[Flufdriver]

Is Parker out??

 

[700UW]

A little background, facts or an article would help, no one here knows what is going to happen.

 

[Flufdriver]

http://online.wsj.com/article/SB10001424127887324329204578272200949539898.html?ru=yahoo&mod=yahoo_hs

 

[700UW]

That is a subscription based web page, cant read the article.

 

[FWAAA]

It's an article that says that Horton might become Chair of the Board of Directors while Parker may become CEO of the merged airline. Here's a summary of the news from the Dallas News blog:

http://aviationblog.dallasnews.com/2013/01/the-wall-street-journal-american-airlines-ceo-tom-horton-in-talks-to-become-chairman-of-possible-merged-carrier.html/

 

[Veritas]

That is a subscription based web page, cant read the article.

All WSJ articles are availabe free via Google.

 

[700UW]

Still looks like Parker will be the CEO.

 

[cltrat]

Dumb and Dumber runs the world's largest airline. sounds awesome 🙄

 

[700UW]

Well I guess they cant be too dumb, they are making millions.

 

[WorldTraveler]

It's an article that says that Horton might become Chair of the Board of Directors while Parker may become CEO of the merged airline. Here's a summary of the news from the Dallas News blog:

http://aviationblog.dallasnews.com/2013/01/the-wall-street-journal-american-airlines-ceo-tom-horton-in-talks-to-become-chairman-of-possible-merged-carrier.html/

that type of division of power between executives is not uncommon in mergers.

 

[etops1]

It sounds to me like Horton will act as Non Acting Chairman of the merged entity . Similar to the way Tilton was at UA and Lakefield was at US once both mergers took place . Someone correct me if I am wrong .

 

[cltrat]

Well I guess they cant be too dumb, they are making millions.

so do pro ball players some who couldn't spell cat if you spotted them the C and the t

 

[mike33]

its a way for Horton to bow out gracefully. He will me gone in 6 mo with his stock options.

Its a fraternity guys. Nothing you can do about it!!!!!!

 

[Beancounter]

its a way for Horton to bow out gracefully. He will me gone in 6 mo with his stock options.

Its a fraternity guys. Nothing you can do about it!!!!!!

Yep, they can't pay him off with the bankruptcy judge looking over their shoulder. Once they exit bankruptcy though, hello payday, buy off, or whatever you want to call it. Ahhhhh, the corporate structure. "I'll believe corporations are people, when Texas executes one."

Bean

 

[cltrat]

its a way for Horton to bow out gracefully. He will me gone in 6 mo with his stock options.

Its a fraternity guys. Nothing you can do about it!!!!!!

this pretty much sums it up