New CEO for DHL - USA

[abxdx]

If you look at my first post, all I did was state my opinions. I put out the open ended question. How does this affect Astar and ABX.. It was your buddy that went off half cocked.. Just trying to once have a civil thread between the two airlines. IT would be nice to read a post once in a while from you guys that was not attacking, mocking, or juvenile. Let me say that I know not all Astar poster's act this way, but the few that do make the others look bad.

As far as shutting my pie-hole... If I could through more than one post w/o being berated I probably would. I would have been happy to sit back and read well thought posts by you guys/gals as to what this latest news means for all of us, but when you guys make posts like this I can't help myself.

Your the only one that looks desperate. I wouldn't be opening my pie hole so fast until after your Stockholder meeting and the DHL announcement.

 

[abxdx]

You still have not told me what Hanz did to garner that.....uuuuhhhh.... promotion...

Your the only one that looks desperate. I wouldn't be opening my pie hole so fast until after your Stockholder meeting and the DHL announcement.

 

[ABXbooger]

It's not a promotion, quit sugar coating it. He was replaced and put in a position so his work termination agreements, similar to those Joe and the boys just announced, don't have to be paid. This is very common in large corporations, hide the "goat" 'til the smoke clears or he announces his "retirement" or "consulting position" with some other firm.

I had heard Appel was an axe man, I guess that's true...

 

[Fly Astar Jets]

Point is DHL lost the money during his tenure, kinda like Bill Clinton getting all the credit for the economic good times during his tenure.

Soooooooo by using your logic, Uncle Joe is fully responsible (more so really) for a loss of +/- 69% of stock value and should be relegated to lav service manager?

FAJ

 

[DC-9er]

Soooooooo by using your logic, Uncle Joe is fully responsible (more so really) for a loss of +/- 69% of stock value and should be relegated to lav service manager?

FAJ

absolutely!!
http://www.askjoehete.com/

 

[Whistlin' Dan]

http://www.bloomberg.com/apps/news?pid=20601100&sid=aB.lgbuglRBo&refer=germany


What does this mean for ABX or ASTAR?

As far as ABX and Astar go, it doesn't mean anything. Whatever they're going to do with their U.S operations, they're going to do. This is just the guy who'll be turning over the keys when they do it, is all.

If they brought in somebody from UPS or FedEX, gave them 5 or 10 billion dollars, and said "Fix it!", now that would mean something. But this guy is just filling the seat...for now.

 

[abxdx]

Still waiting! By the way I read through quite a few of the atrticles about the new appointment. Not one of them ever used the word promotion in reference to Hanz... Could you please inform where you recieved your info from...

You still have not told me what Hanz did to garner that.....uuuuhhhh.... promotion...

 

[EuroWheenie]

I belive the term often used in these cases are "gardening leave". Hans didn't manage to turn a profit, hence the board took the decision to replace him. Since it would look bad for the board to fire him outright (would be tantamount to admitting they hired the wrong guy) they relocate him to somewhere else for a while.

As for Ken, he does have a rather good track record turning both EEMEA, Canada and Asia around and showing growth and profit. As for why it'll take a month, well, give the bloke some time to get his feet under the table, speak to the key players, devise a plan and have it approved by the board. Doing all that in just one month would be quite remarkable really.

But with Ken in charge of Express and, if rumours are correct, Ferguson in charge of the Aviation side things are looking better than they have in a while.

Will be interesting to see what the "plan" will be, how it will be executed and what the outcome will be. The last two issues will take a while to become clear though, and I hope DPWN will look just a bit longer than the next quarterly ...

 

[flyinboxes]

Hey Euro, ever hear of a guy named (last name) Weber?