Flydaplane
Well-known member
- Joined
- Dec 19, 2001
- Posts
- 232
Midwest Airlines' recent sale to investment firm TPG Capital will result in hefty payouts of stock and cash to carrier executives, the Associated Press reported. Chairman Tim Hoeksema reportedly will receive more than $10 million in cash and stock while VPs Carole Skornicka and David Reeve are in line for $1.6 million each. CFO Curtis Sawyer and VP Scott Dickson will receive about $1 million each. Northwest Airlines is the largest shareholder in the TPG acquisition.
I bet the Midex union guys sure are happy they opposed the Airtran deal now. They played you boys bad! And they even tried to get concessions out of you for their own golden parachutes.
I bet the Midex union guys sure are happy they opposed the Airtran deal now. They played you boys bad! And they even tried to get concessions out of you for their own golden parachutes.