Xavier Bethune (?)
Apr 24, 2003 | 12:06 pm
#1
Original Poster
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.
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.
Apr 24, 2003 | 1:46 pm
#2
Join Date: May 2002
Location: Moreland Hills (CLE)
Programs: Over-entitled UA 1.3MM Gold, AA Gold, Hilton Diamond, Marriott L-T Plat, Hertz PC
Posts: 5,526
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by 767-322ETOPS:
What's the plan with Xavier - he is working there because his father us CEO, or is he being groomed for future greatness?
</font>
What's the plan with Xavier - he is working there because his father us CEO, or is he being groomed for future greatness?
</font>
Apr 24, 2003 | 4:10 pm
#3
Join Date: Oct 1999
Location: New York, NY, USA
Posts: 1,439
That one caught my notice, too. I'd be very curious to see Xavier's qualifications. The bit about expat allowances and a relo gross-up sure make it sound like a young playboy on a boondoggle!
And what precisely was he directing the purchasing of in a foreign location? Maybe down in Rio supervising junglejet deliveries from Copacabana or Ipanema???
And what precisely was he directing the purchasing of in a foreign location? Maybe down in Rio supervising junglejet deliveries from Copacabana or Ipanema???
Apr 24, 2003 | 5:58 pm
#4
Join Date: Mar 2002
Posts: 337
More likely running part of the operations at Continental Micronesia, perhaps.
Apr 24, 2003 | 7:34 pm
#5
Join Date: Feb 2002
Location: Greenwich, CT, USA
Posts: 505
As "Senior Director-Purchasing" I believe he is just completing his year long study, "The Thirst in First: How Rum Selection Can Differentiate CO's Premium Service from the HIV-Infected Competition"
He's leaning toward recommending Bundaberg Rum at the moment.
He's leaning toward recommending Bundaberg Rum at the moment.
Apr 26, 2003 | 2:12 am
#6
FlyerTalk Evangelist
Join Date: Mar 2002
Location: Saipan, MP 96950 USA (Commonwealth of the Northern Mariana Islands = the CNMI)
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">More likely running part of the operations at Continental Micronesia, perhaps.</font>