I promised myself that I'd keep off of the thread but "crass bad management" is just too much?! How did you get to that conclusion? What have they done exactly? The chairman has agreed a plan to incentivate the increase in value of the company for it's owners ... largely pension funds.

Vesting? Sorry mate .. you've created a term to make you look clever and make this seem something more complex than it is. Like everything else in life people are free to rant about things they don't understand. It doesn't make the thing they don't understand wrong, it makes the baseless ranting wrong. I can't see how this is crass bad management. It is one of the best approaches to incentivate management to get things right that you can devise. To actually tell them that they can buy shares in the fuuture at a price that is higher than they currently are is not exactly justified by the ranting in this thread is it? And you only pay if they succeed. Unlike salaries and all the rest.

Some people will find the most convoluted excuses to take a poke at BA management. This is not really one of those reasons that produce much mileage on that front.

I was sad to read the original articles in the DM, and even sadder to read the following misreprentations of the share scheme that the unions made of it. Lies, deceit and all the rest.

To say that it is somhow wrong to offer directors a bonus that is only payable if they increase the value of the company and only once they've bought shares is testing even the most anti-BA managements rant buds.

Anyway .... enough.