Carty heading Hawaiian and getting paid

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[font=Times New Roman,Times,serif] Hawaiian shares sold to director [/font] [font=Trebuchet MS,Verdana]Advertiser Staff and News Services[/font]

[font=Times New Roman,Times,serif]Hawaiian Holdings Inc., the parent of Hawaiian Airlines, sold 351,062 company shares for $2 million to newly appointed director Donald Carty, according to a filing with the Securities and Exchange Commission.[/font]

[font=Times New Roman,Times,serif]Carty joined Hawaiian's board of directors July 26. At yesterday's closing price of $6.37 per share, his holdings would be worth $2.2 million. The former chairman and chief executive of American Airlines parent AMR Corp. said in March he was joining an effort to lift Hawaiian out of Chapter 11 bankruptcy protection.
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"The former chairman and chief executive of American Airlines parent AMR Corp. said in March he was joining an effort to lift Hawaiian out of Chapter 11 bankruptcy protection."
Either that or he's there to help set up golden parachutes.