|Quoting Chicago Tribune:|
At United, much of the worker anger is directed at the executive compensation garnered by Tilton after the airline exited bankruptcy in February. He was granted 545,000 shares, worth about $23 million at the airline's $42.25-per-share closing price Wednesday, as well as 822,000 stock options worth about $5.7 million. Since early August, Tilton has cashed in shares and options worth $3.3 million.
Some pilots have sported buttons reading "United pilots have 40/40 vision," a reference to the pay raises given Tilton and McDonald.
Can you blame these guys? Tilton and McDonald dumped their retirement fund and then gave themselves the bonus noted above. Tilton is giving DL
's former CEO, Leo Mullin some competition for audacity!
DELTA Air Lines; The Only Way To Fly from Salt Lake City; Let the Western Heritage always be with Delta!