Goodwin Gone
Oct 28, 2001 | 12:23 pm
#16
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Beau,
Looks like you jumped the gun in retracting your newsflash!!
Looks like you jumped the gun in retracting your newsflash!!
Oct 28, 2001 | 12:24 pm
#17
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Props to Beau. . .
From the AP, as published on sfgate.com:
United Airlines chief executive James Goodwin resigned Sunday, saying it was time "for a new leader to guide the organization" which has struggled greatly since the Sept. 11 attacks.
Goodwin's resignation came two weeks ago after a letter he wrote to employees was made public. In it, he predicted the troubled airline could perish unless its fortunes were reversed.
http://www.sfgate.com/cgi-bin/articl...446EST0020.DTL
Makes Nick's comment re: Creighton caretaking seem a likely scenario.
Greg
[This message has been edited by greg99 (edited 10-28-2001).]
From the AP, as published on sfgate.com:
United Airlines chief executive James Goodwin resigned Sunday, saying it was time "for a new leader to guide the organization" which has struggled greatly since the Sept. 11 attacks.
Goodwin's resignation came two weeks ago after a letter he wrote to employees was made public. In it, he predicted the troubled airline could perish unless its fortunes were reversed.
http://www.sfgate.com/cgi-bin/articl...446EST0020.DTL
Makes Nick's comment re: Creighton caretaking seem a likely scenario.
Greg
[This message has been edited by greg99 (edited 10-28-2001).]
Oct 28, 2001 | 12:41 pm
#18
Join Date: Aug 2000
Location: Denver
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Thanks gregg99! It's the best news I've heard in ages!!!!!!
Oct 28, 2001 | 12:43 pm
#19
Join Date: Aug 2001
Location: San Jose, CA USA
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Not sure much is changed. Same problems: Oversupply in the industry; fractious union relations; security issues in flying; increasing fuel costs; overall future uncertainties.
Goodwin is probably having his own private sigh of relief. New guy will need tons of good luck, as will the company.
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AAExecPlat; Lifetime AAirpass; 3MillMiles; UApremier-PassPlus
Goodwin is probably having his own private sigh of relief. New guy will need tons of good luck, as will the company.
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AAExecPlat; Lifetime AAirpass; 3MillMiles; UApremier-PassPlus
Oct 28, 2001 | 12:44 pm
#20
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As they often say on the South Side of Chicago:
Between Ferris, Wolf, and Goodwin over the last 20 years, it's amazing that this airline still exists!
The new guy sounds like a caretaker. Maybe they'll make Neutron Jack an offer he can't refuse to rescue UA?
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Na na na na, na na na na, hey hey, goo-oodbye...</font>
The new guy sounds like a caretaker. Maybe they'll make Neutron Jack an offer he can't refuse to rescue UA?
Oct 28, 2001 | 1:25 pm
#21
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koko would be so proud if www.goodwinmustgo.com had anything to do with this...
Oct 28, 2001 | 1:26 pm
#22
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second point... why would they do this on a sunday?
Oct 28, 2001 | 1:57 pm
#23
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Was anyone able to log into the webcast? It just hung on me.
Greg
Greg
Oct 28, 2001 | 3:18 pm
#24
Join Date: Jul 2000
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I hope the employees embrace him, and based on Frick's comments above in this same thread, we're off to a good start.
Oct 28, 2001 | 3:26 pm
#25
Join Date: Aug 2001
Location: San Jose, CA USA
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See how the stock behaves tomorrow on the NYSE. Also, am waiting to see what Holly Hegeman has to say (Fulltime UA basher) in her next column. A couple of non-sentimental yardsticks out there. If they like it, who knows.
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AAExecPlat; Lifetime AAirpass; 3MillMiles; UApremier-PassPlus
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AAExecPlat; Lifetime AAirpass; 3MillMiles; UApremier-PassPlus
Oct 28, 2001 | 3:32 pm
#26
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kokos's probably got a headache today after partying into the night after the STIFFS banquet 
Oct 28, 2001 | 3:38 pm
#27
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Woohooo!!!
Y'know, I don't know if the new guy will be able to do any better, but I suspect that things would have really gone over the cliff
if he hadn't done this. UA has little place to go but up from here...
JD
Y'know, I don't know if the new guy will be able to do any better, but I suspect that things would have really gone over the cliff
if he hadn't done this. UA has little place to go but up from here...
JD
Oct 28, 2001 | 3:51 pm
#28
Join Date: Apr 2001
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Goodwin, you are the weakest link. Goodbye.
Oct 28, 2001 | 4:19 pm
#29
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by FullFare:
See how the stock behaves tomorrow on the NYSE. Also, am waiting to see what Holly Hegeman has to say (Fulltime UA basher) in her next column. If they like it, who knows.
</font>
See how the stock behaves tomorrow on the NYSE. Also, am waiting to see what Holly Hegeman has to say (Fulltime UA basher) in her next column. If they like it, who knows.
</font>
If this new chairman is indeed the one who can turn things around, I'm emphasizing the long and medium-run viewpoint. The stock market and columnists may hammer UA for sometime, but if the employees start supporting this airline (as Richard of FT mentioned long ago), many things will get fixed without trying. Thus, short-term negatives\positives aren't concerning me as much as the employees respecting and treating this man as their leader.
Oct 28, 2001 | 4:30 pm
#30
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chexfan: (1) For publicity purposes; they're more likely to get "top billing" (in Monday's newspapers) than if the announcement were made during the business week. (2) The U.S. financial markets are closed ... we'll see how the rest of the world reacts before Wall Street gets busy ...