Saretsky out
Mar 9, 2018, 8:36 am
#16
Join Date: Oct 2015
Location: YVR TLS
Programs: Air France Flying Blue, Altitude SE-100k, AAdvantage, United Mileage Plus, WS rewards, BonVoy Titan
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As a longtime WestJetter and also one in a more senior position, I can tell you that there is a very strong strategy in place, but also a need for secrecy. In the past WestJet was a leaky sieve in keeping information confidential, everybody thought they had a right to know what was going on, sometimes to the detriment of market position when leaks have happened.
Expect more moments of surprise in the future!
Expect more moments of surprise in the future!
Mar 9, 2018, 8:52 am
#17
Join Date: Nov 2008
Location: YYC
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Posts: 2,768
Mar 9, 2018, 8:57 am
#18
Join Date: Mar 2010
Location: Calgary
Posts: 1,444
You will have to view the exec compensation in the annual report to find that out. Bearing mind that if the compensation is just the ability to exercise existing shares and compensation previously awarded, then it was a true retirement and no “parachute” was provided.
Just on the strategy note, I was part of a team that did initial evaluation on wide body viability in 2007, predating Gregg at WestJet and I’m working on multiple strategic items at the moment that won’t come to fruition for 5 years or so. No news doesn’t mean a large amount of planning hasn’t gone into what looks like a “snap” decision.
Just on the strategy note, I was part of a team that did initial evaluation on wide body viability in 2007, predating Gregg at WestJet and I’m working on multiple strategic items at the moment that won’t come to fruition for 5 years or so. No news doesn’t mean a large amount of planning hasn’t gone into what looks like a “snap” decision.
Mar 9, 2018, 9:47 am
#19
Join Date: Dec 2008
Posts: 797
Glen Picard, Don Clark, Steve Smith, Bill Lamberton, Sean Durfy, Tim Morgan, ....and I could name at least a half dozen more.
Why is there any surprise here?
Mar 9, 2018, 4:56 pm
#20
Join Date: Oct 2015
Location: YVR TLS
Programs: Air France Flying Blue, Altitude SE-100k, AAdvantage, United Mileage Plus, WS rewards, BonVoy Titan
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Mar 10, 2018, 2:01 am
#21
Join Date: Jan 2007
Programs: No single airline or hotel chain is of much use to me anymore.
Posts: 3,279
Saretsky reminds me of an executive where I worked when I was starting out twenty years ago.
His schtick was picking fights with customers, vendors, key employees, competitors and journalists and at absolute best fighting to a stalemate at which point he would demand commendation for his masterful leadership or at worst insist he had at the very least cleared the air by his actions which rarely accomplished anything other than alienating people.
I have seen some incredibly ugly union situations first hand and my mind just boggles at how WestJet confronted these, especially since at the start of all this I don't believe they were dealing with an adversarial workforce.
I have come to know a number of WestJet pilots and flight attendants socially in Calgary and they all say the same thing, none of their grievances are big ones. One pilot who is a senior captain said he just had no idea how it got to this point.
His schtick was picking fights with customers, vendors, key employees, competitors and journalists and at absolute best fighting to a stalemate at which point he would demand commendation for his masterful leadership or at worst insist he had at the very least cleared the air by his actions which rarely accomplished anything other than alienating people.
I have seen some incredibly ugly union situations first hand and my mind just boggles at how WestJet confronted these, especially since at the start of all this I don't believe they were dealing with an adversarial workforce.
I have come to know a number of WestJet pilots and flight attendants socially in Calgary and they all say the same thing, none of their grievances are big ones. One pilot who is a senior captain said he just had no idea how it got to this point.
Mar 10, 2018, 8:40 am
#22
Join Date: May 2015
Location: Vancouver
Programs: Aeroplan, Mileage Plus, WestJet Gold, AMEX Plat
Posts: 2,026
Saretsky reminds me of an executive where I worked when I was starting out twenty years ago.
His schtick was picking fights with customers, vendors, key employees, competitors and journalists and at absolute best fighting to a stalemate at which point he would demand commendation for his masterful leadership or at worst insist he had at the very least cleared the air by his actions which rarely accomplished anything other than alienating people.
I have seen some incredibly ugly union situations first hand and my mind just boggles at how WestJet confronted these, especially since at the start of all this I don't believe they were dealing with an adversarial workforce.
I have come to know a number of WestJet pilots and flight attendants socially in Calgary and they all say the same thing, none of their grievances are big ones. One pilot who is a senior captain said he just had no idea how it got to this point.
His schtick was picking fights with customers, vendors, key employees, competitors and journalists and at absolute best fighting to a stalemate at which point he would demand commendation for his masterful leadership or at worst insist he had at the very least cleared the air by his actions which rarely accomplished anything other than alienating people.
I have seen some incredibly ugly union situations first hand and my mind just boggles at how WestJet confronted these, especially since at the start of all this I don't believe they were dealing with an adversarial workforce.
I have come to know a number of WestJet pilots and flight attendants socially in Calgary and they all say the same thing, none of their grievances are big ones. One pilot who is a senior captain said he just had no idea how it got to this point.
What I have seen in other industries is if management and the union have a good working relationship, you never have Grievance fillings or major issues because they are handled informally long before there any need for that. You then introduce one or two people from a different company culture into the mix in a place of authority and they "expect" these things to go down a certain way.
Mar 10, 2018, 12:15 pm
#23
Join Date: Oct 2015
Location: YVR TLS
Programs: Air France Flying Blue, Altitude SE-100k, AAdvantage, United Mileage Plus, WS rewards, BonVoy Titan
Posts: 912
I have no inside knowledge of WestJet or its union. My only thought is that Saretsky may have come with a bias from his time at Alaska and Canadian.
What I have seen in other industries is if management and the union have a good working relationship, you never have Grievance fillings or major issues because they are handled informally long before there any need for that. You then introduce one or two people from a different company culture into the mix in a place of authority and they "expect" these things to go down a certain way.
What I have seen in other industries is if management and the union have a good working relationship, you never have Grievance fillings or major issues because they are handled informally long before there any need for that. You then introduce one or two people from a different company culture into the mix in a place of authority and they "expect" these things to go down a certain way.
Mar 10, 2018, 5:03 pm
#25
Join Date: May 2015
Location: Vancouver
Programs: Aeroplan, Mileage Plus, WestJet Gold, AMEX Plat
Posts: 2,026
Mar 10, 2018, 7:17 pm
#26
Join Date: Nov 2008
Location: YYC
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So you are saying all of the companies he worked with had Unions in place? Or are you just stating his previous job with no knowledge of anything else?
Mar 10, 2018, 7:22 pm
#27
Join Date: May 2015
Location: Vancouver
Programs: Aeroplan, Mileage Plus, WestJet Gold, AMEX Plat
Posts: 2,026
Mar 16, 2018, 9:10 am
#29
Join Date: Nov 2008
Location: YYC
Programs: Hilton Diamond, Fairmont Plat, IHG Spire, SPG Gold, WS Gold, Hertz PC, National E Elite,
Posts: 2,768
The fact that they just posted Ed Sim's job for replacement, yesterday, tells me that there is more to this story. They wouldn't have been so unprepared that not only did it happen seemingly overnight, but they also didn't even have a job posting ready for Sim's former role (EVP of Commercial)