FlyerTalk Forums - View Single Post - Delta to give cash to employees and details regarding post-bankruptcy
Old Mar 20, 2007 | 8:26 am
  #9  
Lehava
In memoriam
 
Join Date: May 2005
Location: DAL
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Posts: 9,803
Originally Posted by ClipperDelta
- deferred stock awards (i.e., restricted share units, etc.) that vest over time - 2.5% stake in the company
- no cash bonuses or raises

Grinstein gets:
- $0 cash, raise, exit bonus, etc.. Just his regular $338,000 salary.
His "would-be" raises and bonuses will be put in two charitable funds to help DL employees in need...classy guy ^ ^

Way to go, Delta! ^ ^ ^
And of course THIS will get buried on page 10. To the management of DL, this is such a top shelf move that you guys took no raises or bonuses through this and G donating his to charity, WOW!!!!! My respect for him is even higher!!!!!!

Note to Dougie: THIS is how to run an airline!!!!!!!!!!!!!
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