FlyerTalk Forums - View Single Post - Horton denied 20M payout by Judge
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Old Apr 12, 2013 | 3:33 pm
  #16  
bmchris
15 Years on Site
 
Join Date: Oct 2008
Posts: 2,387
Originally Posted by tylerdurden4543
But how did Tom do?
This was his to do list when he joined - http://investorplace.com/2011/11/5-r...om-bankruptcy/

Another positive post piece - http://bizbeatblog.dallasnews.com/20...ck-story.html/

The first piece is a good, if short, summary. The second is a little more rosy than I would agree, but not inaccurate.

My opinion is that he went through it quite comprehensively, in pretty quick time. Better than I would have expected at the beginning of his tenure. He didn't really screw any part of it up considering how easily it could have been to totally do so on any one of them. Caveat - it remains to be seen what the merged airline will really be like. But that's for Doug. My apologies for calling him "Tim" - it was stuck in my mind.

There's nothing extremely brilliant in what he did, like keep AA independent, wiping out all debt with a bold move. It's more a story of hard and solid work, going round to round with each union, debtor, etc. and living to bring AA to the merger. Any one of those bouts could have knocked him out individually. He's more the Brian Moynihan of Bank of America to Jamie Dimon of JPMorgan if you look at a banking parallel. The slogger vs the magician. As a magician, his payout probably would have been in the $100m arena.

Last edited by bmchris; Apr 12, 2013 at 4:04 pm
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