Quote:
Originally Posted by Chad Thomas
Take a look at Ream's contract...He will leave, no matter the circumstance either fired or resigns, with a couple of million dollars, pass travel on CAL for life and medical and dental for life....And let's not forget he already makes $600K a year and has for many years...Now, just what does he have to lose...??
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While that is more money than I will ever make, it is far below the Major Airline CEO average. Also, I'm pretty sure I remember reading that JR has not taken a major bonus since 2001. Let's also not forget that our Exec.'s compensation would not have changed much if they had given CAL back the first 69 jets. They could have easily said "Here, take your planes, we'll furlough 700 pilots, no skin off our back." Instead they tried to make something work out of a Charlie Foxtrot.
I'm not trying to blow smoke, just making an argument for JR, GS, etc.