SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

UAL Chooses Texaco's Glenn Tilton As New CEO

Tue Sep 03, 2002 6:29 am

The board of United Airlines - A Star Alliance Member - The Airline Network For Earth - approved the appointment of Glenn Tilton as the new Chief Executive Officer.

Due to the fact that this is an American-related post, I am posting this now. More information soon.
Anyone can fly, only the best Soar.
 
SInGAPORE_AIR
Posts: 11619
Joined: Mon Nov 13, 2000 4:06 am

RE: UAL Chooses Texaco's Glenn Tilton As New CEO

Tue Sep 03, 2002 6:34 am

Mr. Tilton, an oil executive at Texaco was almost certain to land the job. He faces a tough task of helping United Airlines through financial exertions and cost cutting measures and union relations.

The pilots union said a US$ 1 500 000 000 wage concession package was unacceptable. UAL needs to cut costs by US$ 2 500 000 000 to avoid bankcruptcy. UAL employees own 55% of the group.

Mr. Tilton will replace interim CEO Jack Creighton and is no stranger to hard times serving as interim chairmen at Dynergy Corp.

More information at the Financial Times website

Information above and information from my above post's first paragraph was gathered from the above hyperlinked webpage. Full information can be viewed by clicking the above hyperlink. The second paragraph in my above post is referring to the fact that someone else could have posted this news by the time full information has been rephrased by myself and is in no way meant to be offensive.
Anyone can fly, only the best Soar.
 
ual777contrail
Posts: 2914
Joined: Sun Feb 17, 2002 11:33 am

RE: UAL Chooses Texaco's Glenn Tilton As New CEO

Tue Sep 03, 2002 6:40 am

due to the fact this is an american related post i am posting this now?

due to the fact i am an american, what is that suppose to mean?




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RE: UAL Chooses Texaco's Glenn Tilton As New CEO

Tue Sep 03, 2002 7:13 am

I read on the press release that United put on their website (www.united.com), that the pilots' and mechanics' unions are very much in favor of the new CEO.

Good news here!!!
 
ual777contrail
Posts: 2914
Joined: Sun Feb 17, 2002 11:33 am

RE: UAL Chooses Texaco's Glenn Tilton As New CEO

Tue Sep 03, 2002 7:16 am

well that is good news, at least it wasnt jeffrey mcdaniel i think his name was. he is a retired pilot, that is all we needed was to have a pilot at the helm.

i think he will turn things around, poeple seem happier at work. plus no more dutta!!!  Big thumbs up  Big thumbs up