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Old Apr 24, 2003 | 12:06 pm
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767-322ETOPS
 
Join Date: Jun 2001
Location: Madison NJ; Watopia
Posts: 3,161
Xavier Bethune (?)

I noticed the following in CO's recent Proxy. What's the plan with Xavier - he is working there because his father us CEO, or is he being groomed for future greatness?

An adult child of one of our executive officers . . . [is] employed by the company: Xavier Bethune (Senior Director-Purchasing) . . . Mr. Bethune is the son of Gordon Bethune, Chairman of the Board and Chief Executive Officer . . . Th[is] individual received aggregate salaries and bonuses in 2002 of $159,220 . . . along with equity incentives and employee flight and other benefits typical to their levels of employment. Due to a foreign work assignment, Xavier Bethune also received $45,286 in expatriate allowances and $21,539 as a relocation gross-up in connection with his return to the United States.
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