Originally Posted by tom911
According to a report filed Tuesday with the Securities and Exchange Commission, Arpey will receive a base salary of $650,000, up 23 percent from his previous salary of $527,000. The raise was effective Monday.
I'm a huge critic of exorbitant executive pay in American corporations, but this is almost pitiful.
Originally Posted by brp
I'm guessing the general sentiment here will be to complain about the money he's receiving. I think it's a lot, possibly too much
You won't hear me complaining. This is way, way below market to run a company like AMR. I know a bunch of CEOs who make this kind of money running companies that are nowhere near the size of AA.