Moderators: richierich, ua900, PanAm_DC10, hOMSaR
| Quoting BoeingFever777 (Thread starter): id say he is doing "ok." |
| Quoting FXramper (Reply 2): Until recently, so too could Diane Smith, wife of FedEx Corp. founder Frederick W. Smith. A new FedEx policy adopted in March requires Mr. Smith to pay for most "incremental" costs of his and family members' personal flights, a company spokesman says. |
| Quote: Ford Motor Co.'s Falcon twin-turbo jets. |
| Quoting OldAeroGuy (Reply 9): The title is a bit misleading. While Mr. Mulally was head of the BCA (Boeing Commercial Aircraft), he was never the Boeing CEO. |
| Quoting LN-MOW (Reply 8): Quoting FXramper (Reply 5): When did Ford get rid of their BBJs? They weren't BBJ, but regular -705's. They're now with Southwest. |
| Quoting BoeingFever777 (Reply 10): Anyone that knows Boeing knows that he was the CEO of BCA and was thought to replace Stonecipher when he and Ms. Peabody had relations but was passed for current CEO James McNerney of 3M. |
| Quoting FXramper (Reply 5): from article one of Ford Motor Co.'s Falcon twin-turbo jets. When did Ford get rid of their BBJs? Was it to save money? |
| Quoting Skip17 (Reply 13): Hell, i don't see anything wrong with it. If he is qualified enough to get a job like that and can demand that kind of a benefit in this contract |
| Quoting FXramper (Reply 5): When did Ford get rid of their BBJs? Was it to save money? |
| Quoting LN-MOW (Reply 8): They weren't BBJ, but regular -705's. They're now with Southwest |
| Quoting BoeingFever777 (Thread starter):
Looks like Alan's family is flying first class on Ford Motor's dime! Personal flights by Mr. Mulally and family members cost Ford $172,974 during his four months with the auto maker last year. WOW! Along with his 28.2 million$ salary last year id say he is doing "ok." |
| Quoting RoseFlyer (Reply 17): Well it was part of the package to entice him to join Ford. I grew up being friends with one of his daughters and I think its pretty crazy that his kids can fly on Ford's corporate jet. Its just amazing to see how business works. |
| Quoting Grantcv (Reply 18): Given the seriously bad shape Ford is in - the outrageous compensation that Alan Mulally has been getting certainly must be sending the wrong message to the employees and investors in the company. It looks more like he is taking advantage of Bill Ford's desparation rather than truly stepping up to the challenge of saving Ford. |
). | Quoting AFC_Ajax00 (Reply 22): Alan Mulally was compensated for stock options and other forms of performance incentives he would have lost out on when he left Boeing, that is the reason his pay package is so large, it is not related to his performance thus far at Ford. |
That said, it will be VERY interesting to see how he deals with the issues confronting Ford. One issue Ford and other domestic North American automakers face is the number of dealers. GM, Ford & Chrysler have fare more dealerships per capita than their Japan or Europe based rivals. He helped vault Boeing ahead of Airbus with the midsized/frequency based equipment such as the 777 and 787 rather than try and go for a successor super-jumbo. | Quoting Eirbus06 (Reply 7): Which would be cheaper for the company? First class travel or Private jet? |
| Quoting PPVRA (Reply 4): it's like a pay raise but you don't pay income tax on it. (cheaper for the company, cheaper for the CEO) |
| Quoting ChiGB1973 (Reply 6): While I do not doubt ways around, it is supposed to be taxed as income. |
