FlyerTalk Forums - View Single Post - Unlimited flights for former exec's family

Sep 20, 2009 | 8:32 am

#5

3Cforme

FlyerTalk Evangelist

Join Date: Jun 2001

Programs: DL 1 million, AA 1 mil, HH lapsed Diamond, Marriott Plat

Posts: 28,190

Quote:

Originally Posted by worldwidedreamer

Pretty much every major airline does this for their senior executives. Usually it is disclosed in an 8-k filing with the SEC.

Agreed. Executive compensation can take many forms. This is wholly unremarkable. Why was GE paying for fax machines and flowers for Jack Welch? Because that's what he or his attorney negotiated.

It's great to to see standards of evidence call for posting a link to heresay in a blog.

Last edited by 3Cforme; Sep 20, 2009 at 8:41 am