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look how much tilton made

Skippy

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are you kidding me, are you freaking kidding me?

http://finance.yahoo.com/news/UALs-Tilton-got-17-million-in-apf-15031052.html?.v=1

UAL's Tilton got $1.7 million in '08 compensation

United Airlines parent paid CEO Tilton $1.7 million in total 2008 compensation
Related:
Glenn Tilton, the chairman and chief executive of United Airlines parent UAL Corp., received compensation valued at $1.7 million for 2008, a 19.2 percent increase over the previous year, according to an analysis of the company's proxy statement filed on Friday.
Related Quotes


SymbolPriceChangeUAUA6.42+0.03



{"s" : "uaua","k" : "c10,l10,p20,t10","o" : "","j" : ""}
Tilton's base pay stayed unchanged -- at his request -- at $850,000 for 2008. The company said Tilton has asked for it to stay the same this year, too.
However, the board increased a short-term incentive payout to $695,640 from $422,425 the prior year, according to the proxy statement. That accounted for nearly all of the increase in his pay from the $1.4 million in total compensation he received for 2007.
Tilton, who runs the nation's third-largest airline, received other compensation the company valued at $157,057, including retirement contributions, personal use of the company car and driver, and travel on United flights.
Tilton's compensation is already set to rise in 2009. Last month the company adopted a new long-term incentive program and Tilton was granted 275,000 restricted stock units and options on 400,000 shares on April 1, when the company's shares were trading at $4.86. The award begins vesting on April 1, 2010.
Shares of UAL Corp., United's parent, rose 3 cents to close at $6.42 on Friday.
The company's shares lost 69 percent of their value during 2008, falling from $35.66 at the end of 2007 to $11.02 and the end of 2008. They were at their worst as oil prices peaked over the summer, at one point closing as low as $3.13.
United lost $5.35 billion in 2008 after recording a 2007 profit of $403 million. Revenue in 2008 rose 0.3 percent to $20.19 billion.
The Associated Press formula is designed to isolate the value the company's board placed on the executive's total compensation during the last fiscal year. It includes salary, bonus, performance-related bonuses, perks, above-market returns on deferred compensation (which Tilton did not receive) and the estimated value of stock options and awards granted during the year.
The calculations don't include changes in the present value of pension benefits, and they sometimes differ from the totals companies list in the summary compensation table of proxy statements filed with the Securities and Exchange Commission, which reflect the size of the accounting charge taken for the executives compensation in the previous fiscal year.
Chicago-based UAL plans to hold its annual meeting June 11 at one of its facilities in Elk Grove Village, Ill.
 

contrail67

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personal use of the company car and driver,



What is that for. A personal driver????
 

whatitdoing?

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When are you getting rid of this Lorenzo type?
 

Booker

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saabservant

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...."employee morale is not my problem".....-Glenn Tilton
 

Tejas-Jet

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enuf
When are you getting rid of this Lorenzo type?

While lorenzo ( note he will always be lower case to me) was evil for his hatred of employees not just unions....I feel that Tilton has not yet lowered himself to lorenzo's level.

His problem is primarily that he is out of touch with what really is happening at UAL. Are VP's giving him the honest truth about what is happening or do they just blow smoke at him during staff meetings ala Harding Lawrence at Braniff ?

Unfortunately the VP's at Braniff knew how Harding would react to bad news so they never shared that with him....stories of his temper were legendary and not one VP had the nads to tell him to cool his jets temper-wise.

Lets remember that Tilton's pay is determined by the Board...now, I know that he can very easily refuse a portion of his compensation...but he is an "old school" CEO.

IF you guys are really ticked about his pay, you need to direct your wrath at the BOD. They are the ones that think that Tilton is worth his paycheck and bonus.
 
Last edited:

koko nw

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enough
.

Lets remember that Tilton's pay is determined by the Board...

IF you guys are really ticked about his pay, you need to direct your wrath at the BOD. They are the ones that think that Tilton is worth his paycheck and bonus.[/quote]


Glenn F. Tilton
Chairman, President and CEO, UAL Corporation and United Airlines

Does this clear it up a bit? HE calls ALL the shots. ie there is NO checks and balance. He controls every aspect of UAL. May he burn in H@ll

Regards
Koko

OBTW he is giving lorenzo a run for his money. trust me he ain't done yet he's got plans. This Guy is as amoral as they get.
 
Last edited:

Ex737Driver

Contract 2020????
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are you kidding me, are you freaking kidding me?

http://finance.yahoo.com/news/UALs-Tilton-got-17-million-in-apf-15031052.html?.v=1

UAL's Tilton got $1.7 million in '08 compensation

United Airlines parent paid CEO Tilton $1.7 million in total 2008 compensation
Related:
Glenn Tilton, the chairman and chief executive of United Airlines parent UAL Corp., received compensation valued at $1.7 million for 2008, a 19.2 percent increase over the previous year, according to an analysis of the company's proxy statement filed on Friday.
Related Quotes


SymbolPriceChangeUAUA6.42+0.03



{"s" : "uaua","k" : "c10,l10,p20,t10","o" : "","j" : ""}
Tilton's base pay stayed unchanged -- at his request -- at $850,000 for 2008. The company said Tilton has asked for it to stay the same this year, too.
However, the board increased a short-term incentive payout to $695,640 from $422,425 the prior year, according to the proxy statement. That accounted for nearly all of the increase in his pay from the $1.4 million in total compensation he received for 2007.
Tilton, who runs the nation's third-largest airline, received other compensation the company valued at $157,057, including retirement contributions, personal use of the company car and driver, and travel on United flights.
Tilton's compensation is already set to rise in 2009. Last month the company adopted a new long-term incentive program and Tilton was granted 275,000 restricted stock units and options on 400,000 shares on April 1, when the company's shares were trading at $4.86. The award begins vesting on April 1, 2010.
Shares of UAL Corp., United's parent, rose 3 cents to close at $6.42 on Friday.
The company's shares lost 69 percent of their value during 2008, falling from $35.66 at the end of 2007 to $11.02 and the end of 2008. They were at their worst as oil prices peaked over the summer, at one point closing as low as $3.13.
United lost $5.35 billion in 2008 after recording a 2007 profit of $403 million. Revenue in 2008 rose 0.3 percent to $20.19 billion.
The Associated Press formula is designed to isolate the value the company's board placed on the executive's total compensation during the last fiscal year. It includes salary, bonus, performance-related bonuses, perks, above-market returns on deferred compensation (which Tilton did not receive) and the estimated value of stock options and awards granted during the year.
The calculations don't include changes in the present value of pension benefits, and they sometimes differ from the totals companies list in the summary compensation table of proxy statements filed with the Securities and Exchange Commission, which reflect the size of the accounting charge taken for the executives compensation in the previous fiscal year.
Chicago-based UAL plans to hold its annual meeting June 11 at one of its facilities in Elk Grove Village, Ill.



That's it?!?!?!?! Hell, Kellner made more than that in the first three months of this year alone. Granted Tilton is a complete tool but he's got a long way to go to get even close to our " highly paid talent " at CAL.
 

koko nw

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enough
"Tilton’s total compensation package for 2006 was estimated at $39 million."
Come on give the man a break, it's hard to find places to put all that money.
Give the man some time to digest the $39Mil, he will be back at the troth in no time.

Peace Out
 

fullsail

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The really sad part is that anyone who challenges Tilton publicly, on the compensation issue, is faced with the "well you should have been a CEO instead of a Pilot then..." It's a brilliant comeback in that it requires no stats, no thought, nothing and is usually very effective. We need you "Perry Mason's" out there to come up with a good response to this because I really don't have one either.
 

BrickTop

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Posts
554
The really sad part is that anyone who challenges Tilton publicly, on the compensation issue, is faced with the "well you should have been a CEO instead of a Pilot then..." It's a brilliant comeback in that it requires no stats, no thought, nothing and is usually very effective. We need you "Perry Mason's" out there to come up with a good response to this because I really don't have one either.

At leat my neck doesn't look like a turkey. He
 

BrickTop

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Joined
Jan 26, 2006
Posts
554
The really sad part is that anyone who challenges Tilton publicly, on the compensation issue, is faced with the "well you should have been a CEO instead of a Pilot then..." It's a brilliant comeback in that it requires no stats, no thought, nothing and is usually very effective. We need you "Perry Mason's" out there to come up with a good response to this because I really don't have one either.

At leat my neck doesn't look like a turkey. In the words of Arnold Schwarzasomething.................. "You one, ugly, motha f#*&ka"
 

Mr.B

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"Tilton’s total compensation package for 2006 was estimated at $39 million."
Come on give the man a break, it's hard to find places to put all that money.
Give the man some time to digest the $39Mil, he will be back at the troth in no time.

Peace Out

Furthermore....VOTE NO ON THAT POS T/A!!!!
 
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