Originally Posted by
stbeeman
First, I didn't get your point either (after reading all your posts).
Not much I can do about that.
Second, how do you have any idea what the compensation plan for AA management is or is not, how it is set, etc.? That would seem to me to be highly privileged, proprietary information...are you speculating, or is this fact?
Yes, it is a public, published plan. Perhaps you would get the point if you did some research.
Last, let's all be clear what the role of executive leadership in a major company is: maximizing growth, profitability, and managing risk. And frankly, managing shareholder value and return on investment is a major component of a CEO's job. Just curious to know what others think a CEO ought to be focused on...
There are strategic goals, tactical goals and operational goals. This isn't the forum to have a discussion on those. The problem with the current AA management is that their execution (which is really the reason they are paid) has neither served to grow the shareholder value (except make money for some day-traders and short-term traders that have been trading the cyclic trends in the airline industry) nor have they set themselves an incentive plan to do so. The return on investments has been negative for AA. All of this is public information in their balance sheets, SEC filings, etc. Some of us have been reading those over the last few years. Perhaps, you can do so too before having an opinion?
