Is Cruz Gone? [Rumour]
#46
Join Date: Jul 2014
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#47
Join Date: Oct 2010
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#52
FlyerTalk Evangelist
Join Date: Feb 2004
Location: London
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Base is now £1.2m isn't it? You'd be looking at a couple of years of that and then you're into discussions on, for example, whether part of any long-term bonus targets should be paid given that IAG is (forcibly) taking away his ability to earn thoses bonuses. Probably £4m-£5m in total.
Most of the investment banking / hedge fund / PE fraternity of here will be wondering why he even bothered to turn up for such pathetic sums to be honest.
Most of the investment banking / hedge fund / PE fraternity of here will be wondering why he even bothered to turn up for such pathetic sums to be honest.
#53
Join Date: Sep 2013
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Base is now £1.2m isn't it? You'd be looking at a couple of years of that and then you're into discussions on, for example, whether part of any long-term bonus targets should be paid given that IAG is (forcibly) taking away his ability to earn thoses bonuses. Probably £4m-£5m in total.
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#54
Join Date: Aug 2014
Location: London
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I would be delighted if this were true.
#55
#56
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I hear he is replacing Parker at AA
#57
Ambassador, British Airways Executive Club, easyJet and Ryanair
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#59
Suspended
Join Date: Jul 2007
Posts: 4,477
I would like to point out your comment is based on your own assessment and opinion and does not represent many of other people. As a veteran on this forum you should know better not to make any topic political. Thank you.
#60
Suspended
Join Date: Jul 2007
Posts: 4,477
No, he is off to Ryanair. His ability to lower BA below Ryanair standard is admired by Ryanair boss. Apparently Wizzair, Spirit and Frontier all are fighting for his leadership as soon as the boards of above airlines heard the rumour from Flyertalk.