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Former US Airways CEO House For Sale - $12 Million  
User currently offlineIndustrialPate From , joined Dec 1969, posts, RR:
Posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 4373 times:

Stephen Wolf, former CEO of US Airways (and several other airlines, including Republic) has placed his Middleburg, VA home up for sale for $12 million:

http://www.thomas-talbot.com/rockhill.htm

19 replies: All unread, jump to last
 
User currently offlineLufthansa From Christmas Island, joined May 1999, 3213 posts, RR: 10
Reply 1, posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 4319 times:

I don't understand why this is so shocking. Many CEO's are millionaires.... afterall, do we really want somebody running a big company that doesn't know how to make a buck?


User currently offlineIndustrialPate From , joined Dec 1969, posts, RR:
Reply 2, posted (10 years 10 months 3 weeks 4 days 15 hours ago) and read 4318 times:

I didn't say it was shocking  Smile. I just thought it (check out the pictures) was interesting!

User currently offlineLufthansa From Christmas Island, joined May 1999, 3213 posts, RR: 10
Reply 3, posted (10 years 10 months 3 weeks 4 days 14 hours ago) and read 4297 times:

Well your right! It is certainly interesting! i'd be very happy to live there if they can't find anybody!

User currently offlineContrails From United States of America, joined Oct 2000, 1833 posts, RR: 0
Reply 4, posted (10 years 10 months 3 weeks 4 days 9 hours ago) and read 4240 times:

Yeah, those CEO's sure know how to make money. Too bad this one didn't know how to get US Airways to make money...he was certainly good at lining his own pockets.




Flying Colors Forever!
User currently offlineBucky707 From United States of America, joined Aug 2000, 1028 posts, RR: 3
Reply 5, posted (10 years 10 months 3 weeks 4 days 9 hours ago) and read 4110 times:

"I don't understand why this is so shocking. Many CEO's are millionaires.... afterall, do we really want somebody running a big company that doesn't know how to make a buck?"


I want someone running my airline who knows how to make money for the airline, not make money for himself. They are two different, and sometimes contradictory, goals.


User currently offlineLuv2fly From United States of America, joined May 2003, 12110 posts, RR: 48
Reply 6, posted (10 years 10 months 3 weeks 4 days 9 hours ago) and read 4069 times:
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Contrails and Bucky707 I agree with both of you... He took everyone for a ride and it turns out he made out the best, or at least with the most money.



You can cut the irony with a knife
User currently offlineBoingGoingGone From , joined Dec 1969, posts, RR:
Reply 7, posted (10 years 10 months 3 weeks 4 days 8 hours ago) and read 4009 times:

All that house, no Home Theater? What a scam.

User currently offlineWorldperks From , joined Dec 1969, posts, RR:
Reply 8, posted (10 years 10 months 3 weeks 4 days 8 hours ago) and read 3947 times:

Nothing unusual.

There are dozens of these estates in Loudoun and Fairfax counties in Virginia and in Baltimore and Montgomery counties in Maryland -- one or two owned by Senators, as a matter of fact.

The rich need someplace to live too--preferably near the federal government which bails them out occasionally. I'm totally flummoxed as to why we're being so hard on these people.  Innocent



User currently offlinePlugger From United States of America, joined Jul 2003, 83 posts, RR: 0
Reply 9, posted (10 years 10 months 3 weeks 4 days 8 hours ago) and read 3898 times:

Nice digs. Wolf did all right for himself while running UAL and USAirways into the ground. I wonder who's next on his hit list? Nothing against CEOs if they are running a tight ship. Wolf is a not one of those.

User currently offlineLuv2fly From United States of America, joined May 2003, 12110 posts, RR: 48
Reply 10, posted (10 years 10 months 3 weeks 4 days 7 hours ago) and read 3865 times:
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I think Wolf will be lunching with Carl, Don and Frank these days while awaiting another airline to call him for his expertise....


You can cut the irony with a knife
User currently offlineDesertJets From United States of America, joined Feb 2000, 7780 posts, RR: 16
Reply 11, posted (10 years 10 months 3 weeks 4 days 7 hours ago) and read 3796 times:

That ain't one of those McMansions you find in McLean. That is a full blown estate. 144 acres, custom built place designed by a famous architect.

Though the place is probably worth more if you bulldozed everything and built a ton of McMansions on 1/2 acre lots. Anybody want to give me some startup capital?



Stop drop and roll will not save you in hell. --- seen on a church marque in rural Virginia
User currently offlineMxCtrlr From United States of America, joined Nov 2001, 2485 posts, RR: 35
Reply 12, posted (10 years 10 months 3 weeks 3 days 23 hours ago) and read 3684 times:

Hell, by airline CEO standards, Wolf is a neophyte. He pales in comparison to Lorenzo. Even Acker & Carty pale by comparison to those Emperor Frank. Acker raided two airlines (Air Florida & Pan Am) and made sure there was nothing left on the carcass for anyone else to save. Carty just screwed AA for a few years or so. Lorenzo toppled Eastern, crippled CO (twice into bankruptcy), Texas Air and one of a handful (if not the only one) who is permanently banned by the US DOT from ever being involved in running or financing an airline - for life.

Wolf is a Lorenzo wannabe (albeit, a pretty damn good one)! Rest assured that some dumb ass investment group with a shitload of money to throw away, will start up another airline and sing the praises of how great Wolf is as a CEO and leader. What a load of crap!

MxCtrlr  Smile/happy/getting dizzy
Freight Dogs Anonymous - O.O.T.S.K.  Smokin cool



DAMN! This SUCKS! I just had to go to the next higher age bracket in my profile! :-(
User currently offlineN79969 From , joined Dec 1969, posts, RR:
Reply 13, posted (10 years 10 months 3 weeks 3 days 23 hours ago) and read 3651 times:

Airline CEOs should be well-compensated. The job is demanding and they more often than not have attractive opportunties outside of the airline industry.

But Stephen Wolf is an exceptionally greedy man. At one point both he and Gangwal made more annually than all other US airline CEOs combined--each. He was CEO and Chairman of the Board when he ran USAirways. Talk about a massive conflict of interest.

He deserves all the criticism he gets and then some.


User currently offlineProudtoflyaa From , joined Dec 1969, posts, RR:
Reply 14, posted (10 years 10 months 3 weeks 3 days 23 hours ago) and read 3648 times:

Pales in comparison to Uncle Morris' (Nachtomi) estate in Israel "land of the chosen people."

There's a reason that the Tel Aviv flights (a.k.a. Mo's limo home) left on time at Tower Air.


User currently offlineBillElliott9 From , joined Dec 1969, posts, RR:
Reply 15, posted (10 years 10 months 3 weeks 3 days 23 hours ago) and read 3610 times:

Have to give him credit as being a great used car salesman, though: Republic, Flying Tigers, United (didn't it become "employee owned" under him?) and he tried to merge USAir with United.

User currently offlineAIR757200 From United States of America, joined Jul 2000, 1579 posts, RR: 7
Reply 16, posted (10 years 10 months 3 weeks 3 days 22 hours ago) and read 3591 times:


Very nice house, but I don't know if I would want to live there.. it's just..to big!!



User currently offlineConcordeBoy From , joined Dec 1969, posts, RR:
Reply 17, posted (10 years 10 months 3 weeks 3 days 6 hours ago) and read 3444 times:

He was CEO and Chairman of the Board when he ran USAirways

Nothing new there... most USA airlines (WN being a notable exception) combine their Chairperson and CEO positions into one. Some throw in President on top of that  Big grin


User currently offlineN766UA From United States of America, joined Jul 1999, 8269 posts, RR: 23
Reply 18, posted (10 years 10 months 3 weeks 3 days 1 hour ago) and read 3388 times:

Wolf's house?? Better call an excorsist before anyone moves in.

Or better yet, just burn it down. That house was built with money made by screwing hard working people right in the ass. Wolf is a moron.



This Website Censors Me
User currently offlineUal747 From , joined Dec 1969, posts, RR:
Reply 19, posted (10 years 10 months 3 weeks 3 days 1 hour ago) and read 3387 times:

AA's CEO's house is down the street from my apartment in Dallas. HUGE, but BUTT ugly. However, about the above house. I'd imagine with that 12mil, you are getting all that land AND the house. The house itself is probably only worth 2-3 million, depending on its appointments inside.

UAL747


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