godbless
Posts: 2680
Joined: Tue Apr 04, 2000 5:26 am

How Much Does Phil Condit Make?

Sat Jul 28, 2001 2:59 am

Hi,
I was just thinking about all those airline bosses and also of the two top men of Airbus (Noel Foregard) and Boeing (Phol Condit). Does anybody know how much they earn? I guess that they must get kinda a lot of money... Or is it like Richard Branson said: "If you want to become a millionaire with an airline you must start as a billionaire"? Well I know that Branson didn't mean the vages of the staff but you know what I mean... Smile/happy/getting dizzy

regards,
Max
www.IntAviation.de.vu
 
CX Flyboy
Posts: 6056
Joined: Sun Dec 26, 1999 6:10 pm

RE: How Much Does Phil Condit Make?

Sat Jul 28, 2001 3:02 am

You can bet your buttocks it's a hell of a lot!!  Wow!
 
SIA_B777
Posts: 467
Joined: Sat Apr 21, 2001 2:28 pm

RE: How Much Does Phil Condit Make?

Sat Jul 28, 2001 3:22 am

Excuse my ignorance but,

Phil Condit is the boss? I thought that Alan guy was, I can't seem to remember his name off the top of my head...if he isn't the boss then what position is he?
 
surleswj
Posts: 42
Joined: Thu Jun 01, 2000 1:04 pm

RE: How Much Does Phil Condit Make?

Sat Jul 28, 2001 3:28 am

Phil Condit makes about $18.7 million a year in base compensation and incentives. Currently he has excersized $1.1 million in stock options, and has options on another 418,000+ shares worth about $13.8 million.

Source: Multex
 
surleswj
Posts: 42
Joined: Thu Jun 01, 2000 1:04 pm

RE: How Much Does Phil Condit Make?

Sat Jul 28, 2001 3:32 am

Alan Mulally is the head of the Commercial Airplane Group. Condit is CEO and Chairman of the entire thing.
Mulally makes about $8.5 million a year and has $4.4 million in stock options.

Source: Multex
 
godbless
Posts: 2680
Joined: Tue Apr 04, 2000 5:26 am

RE: How Much Does Phil Condit Make?

Sat Jul 28, 2001 3:41 am

WOW!
And Condit looks so normal to me... Smile/happy/getting dizzy

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