Former Delta President Gets Well Deserved Payday
Oct 29, 2018, 8:19 pm
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Former Delta President Gets Well Deserved Payday
https://www.businessinsider.com/who-...ed-hat-2018-10
After leaving his position as President of Delta Air Lines in 2007 Jim Whitehurst took the position as President of Red Hat. IBM has now acquired Red Hat and Mr Whitehurst is expected to receive a payout of up to $75 million.
If there was such a thing as sainthood for airline executives, Mr Whitehurst would be one of the very few to achieve it. He and Gerald Grinstein navigated Delta through bankruptcy and got them profitable again. He was a man that was universally loved by employees and many were heartbroken at his departure. He and Jerry were not paid handsomely while at Delta. They felt it to be in poor taste to take large salaries at an unfortunate time in Delta's history. Delta would be a very different airline if Mr Whitehurst been appointed CEO. But the BOD wanted a quick buck and integrity was thrown aside.
I am very happy to read of Mr Whitehurst's good fortune and I wish him many more. He's one of the few good ones.
After leaving his position as President of Delta Air Lines in 2007 Jim Whitehurst took the position as President of Red Hat. IBM has now acquired Red Hat and Mr Whitehurst is expected to receive a payout of up to $75 million.
If there was such a thing as sainthood for airline executives, Mr Whitehurst would be one of the very few to achieve it. He and Gerald Grinstein navigated Delta through bankruptcy and got them profitable again. He was a man that was universally loved by employees and many were heartbroken at his departure. He and Jerry were not paid handsomely while at Delta. They felt it to be in poor taste to take large salaries at an unfortunate time in Delta's history. Delta would be a very different airline if Mr Whitehurst been appointed CEO. But the BOD wanted a quick buck and integrity was thrown aside.
I am very happy to read of Mr Whitehurst's good fortune and I wish him many more. He's one of the few good ones.
