FlyerTalk Forums - View Single Post - Air Canada VP Ben Smith hired for the Air France - KLM CEO position
Old Sep 18, 2018 | 11:08 am
  #231  
longtimeflyin
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Join Date: Mar 2017
Programs: AC
Posts: 2,167
Originally Posted by CZAMFlyer
Salary is salary and bonuses + options are on top of that. Some CEOs receive a token salary + the gravy, and others - like Smith - receive a healthy salary + gravy. I don't think any of the picture has been missed.
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No. Jumper Jack, as usual, is taking a swipe at people like Ben because he believes that CEOs are all overpaid, and hence his tongue in cheek comment that Ben should just be paid $1 notwitstanding the fact that most CEOs with $1 salary are also paid millions in stock.

Smith doesn't even receive a healthy salary, tax withstanding here. He probably made more with all of his AC stock + salary at his old job, and yet AC is a fraction of the size of AF.
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