The Arpey legacy: a generally sympatheic review

Discussion in 'American Airlines | AAdvantage' started by kansaskeith, Nov 29, 2011.  |  Print Topic

  1. kansaskeith

    kansaskeith Gold Member

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  2. genemk2

    genemk2 Gold Member

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  3. HaveMilesWillTravel
    Original Member

    HaveMilesWillTravel Gold Member

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    From that piece:

    " In a day and age of outrageous
    executive compensation
    and protest movements justifiably angered at the self-serving nature of the 1 percent, it is refreshing to see a C.E.O. leave a position with honor even as he loses a long-fought battle."

    Wasn't executive compensation a major issue of contention between AA management and its unions?

     
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  4. jbcarioca
    Original Member

    jbcarioca Gold Member

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    I admired Gerald Arpey before, and I still do. I have not agreed with all his decisions but i have never once doubted his integrity. That is a rarity among CEO's today, especially the overpaid, over-indulged US ones. One of the few to fight that trend is now gone. It is sad, not only the AA bankruptcy, but the notion that Chapter 11 can resolve years of mismanagement even while often keeping the miscreants in office.
     
  5. genemk2

    genemk2 Gold Member

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    I don't know, but Arpey left with no golden parachute or severance package...that's pretty remarkable.
     
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