Japan Air Lines CEO has an interesting take on CEO compensation

[GogglesPisano]

http://www.glenntilton.com/newsarti...slashes-his-pay-below-that-of-pilots-cnn.html

 

[hockeypilot44]

Great story. Makes me sick to be an American. We're a greedy society, and the executives have made themselves multi-millionaires at the expense of its workers.

 

[PA31Driver]

Great story. Makes me sick to be an American. We're a greedy society, and the executives have made themselves multi-millionaires at the expense of its workers.

Don't tell that to Sarah Palin! She might brand you as being anti-american.

 

[SpoilerFault]

Without a doubt Mr. Nishamatsu has to be the most honorable man in business. Unfortunately, those at the helm of American businesses will probably never show this type of leadership!

 

[777forever]

Without a doubt Mr. Nishamatsu has to be the most honorable man in business. Unfortunately, those at the helm of American businesses will probably never show this type of leadership!

Under Obama they will! Change is coming...

 

[Rez O. Lewshun]

Our CEO's are just being good ol' greedy capitalist! That is what we value in this country. What is the problem?

 

[Dumb Pilot]

Without a doubt Mr. Nishamatsu has to be the most honorable man in business

Accountability runs deep in the Japanese culture, you see it at all levels and not only at the top. The folks that load the airplanes take it as a personal failure when bags get lost and when a student fails a check ride, it is the instructor that has to go apologize for his failure (not the student's) to his superior. Our cabin attendants for example, have a very comprehensive briefing after every flight on which each of them explains how she can do her job better next time and what worked and what didn't during the flight, it usually takes about ten minutes. The funny thing is that to Mr. Nishamatsu it would be absolutely incomprehensible why we think that his behavior is special, to him the measure of his success is how well the team (company) is doing.

 

[zman]

That almost seems to good to be true.

 

[Green]

I think many would initially claim it's just a publicity stunt but this guy has been doing this for THREE years! I can't imagine a single CEO in the US who would be so selfless.....Truly inncredible to see a CEO worried about the same bills us peasants find ourselves worrying about (hot water heaters, etc..)

 

[JoeMerchant]

Our CEO's are just being good ol' greedy capitalist! That is what we value in this country. What is the problem?

........just like the leaders of ALPA.....$400K+ a year while regional FOs make 18K.....pot meet kettle......

It's best to look in the mirror Rez. before you pontificate about what is "right"......