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Fwd: ARTA Daily/ August 3, 2004-Tilton's Salary

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  • Viktor100@aol.com
    In a message dated 8/3/2004 3:27:57 PM Pacific Standard Time, kkoonze@comcast.net writes: United s CEO, Glenn Tilton, decided to take a pay cut of $133,000
    Message 1 of 1 , Aug 3, 2004
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      In a message dated 8/3/2004 3:27:57 PM Pacific Standard Time, kkoonze@... writes:
      United's CEO, Glenn Tilton, decided to take a pay cut of $133,000 effective
      > August 1. . His salary is now $712,500. The decision came after the ATSB
      > rejected the airlines request for a guaranteed loan. This is his third pay
      > cut since joining the airline. Last week American's CEO declined a pay
      > raise of 22% saying it would be the wrong message to send employees. His
      > current salary is $513,700. American's CEO, who runs the world's largest
      > airline is now receiving $200,000 less pay than United's CEO, who runs the
      > world's second largest airline.
       
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