Airline CEO reduces PAY/PERKS after FURLOUGHING Pilots.

[AC560]

The fact of the matter is that U.S CEO's are a bunch of greedy fu**s. And only ONLY ONLY in america can one get rich by fu*** everyone else and get away with it

It isn't just CEO's. Offer a current work force a token raise or a pay freeze in exchange for a B scale on new workers, watch how fast they screw their brethren over.

 

[WayBack]

What do you guys want them to make, 100,000/year? Do you really know what some of them actually do in their jobs. I'm not defending some of the snakes that actually make 15, 20 million, but I don't think 390,000 is too much. The stock options are in the toilet right now, so I really wouldn't even bother counting those. Remember they probably work every day of their lives and do spend quite a bit of time on the road all the while holding your jobs in their hands. Trust me, it's not the bon-bon popping cush job that you all think it is. My father in law is an exec. and I wouldn't trade my job for his and all his money.

I wouldn't care if they made $1mil a year.
It's just when they ask the employees for paycuts. Cut their pensions. Give pay raises to non union employees. Furlough and then turn around and give themselves multi million dollar bonuses.

 

[flynryan15]

This guy earns his money

Glenn F. Tilton


CEO/Chairman of the Board/President/Director
UAL Corporation
Chicago , IL
Sector: SERVICES / Major Airlines
Officer since September 2002

Director , Abbott Laboratories
Abbott Park , IL
Sector: HEALTHCARE / Drug Manufacturers - Major

60 Years Old
Glenn F. Tilton, Chairman, President and Chief Executive Officer of UAL Corporation (holding company) and its wholly owned subsidiary United Air Lines, Inc. (air transportation) (2002"present); Vice Chairman of ChevronTexaco Corporation (global energy) (2001"2002); Chairman and Chief Executive Officer of Texaco Inc. (global energy) (2001). Director, Abbott Laboratories.
Forbes Rankings
271st on the Forbes Executive Pay in 2008
UAL - 859th on the Forbes Global 2000 in 2008
Abbott Laboratories - 167th on the Forbes Global 2000 in 2008
268th on the Forbes Executive Pay in 2007
UAL - 959th on the Forbes Global 2000 in 2007
See All Rankings >
Compensation
Salary $850,000.00
Bonus $0.00
Other Annual Compensation $0.00
Long term incentive plan payouts $0.00
Restricted stock awards $4,708,258.00
Security underlying options $0.00
All other compensation $155,968.00
Option awards $ $4,178,118.00
Non-equity incentive plan compensation $422,425.00
Change in pension value and nonqualified deferred compensation earnings $0.00
Total Compensation $10,314,769.00 :uzi: