goheelswks
Apr 11, 06, 8:30 am
Factoring in restricted stock grants, $5.68 million.
Link to article (http://www.usatoday.com/travel/flights/2006-04-11-usair-ceo-pay_x.htm)
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UNC-Chapel Hill, BA '00
UNC-Wilmington, MSA '04
Phoenix Flyer
Apr 11, 06, 11:52 am
Factoring in restricted stock grants, $5.68 million.
Link to article (http://www.usatoday.com/travel/flights/2006-04-11-usair-ceo-pay_x.htm)
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UNC-Chapel Hill, BA '00
UNC-Wilmington, MSA '04
There is endless research that proves compellingly that his level of over-pay is why he has so firmly fallen out of touch with the company's customers, employees and all of business reality. Under the concept of "Shadow Of The Leader" his direct reports are doing so at the same time. When you fly US/HP now it is very clear to all flyers that the only thing that is changing/improving is the exterior paint scheme. Unfortunately, flyers gain nothing from that, and it costs up to $175,000 per aircraft.
HP/US is now brandless, despite the new paint scheme and despite their false depiction of themselves as "the world's largest full service, low fare airline".
If doug was paid 40% of what he is now paid, in terms of cash and long term compensation, he would be motivated to perform in order to save that ship.