Originally Posted by
chinatraderjmr
Not true at all. Plenty of stories of American CEO's taking huge salary cuts & even no salary when their companies are in trouble. Just not something done in the airline business (though there was a CEO that took a $1 salary when his airline went chap 11, I'll look that up & see who it was).
I can't find the link... but I *think*(only about 75% sure) it was AA's Arpey. I also seem to recall it was after 9/11 (rather then the recent BK, as he resigned pre-filing). It might have been reveald in a documentary on AA.