AMR's New Management Sensitive to Pay | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

Fri, May 23, 2003

AMR's New Management Sensitive to Pay

...Their Pay

After AMR Corp unceremoniously dumped former CEO Don Carty last month, in the wake of "revelations" about a quiet little management-insulation fallback trust fund arrangement (still in effect, we understand, for everyone except Carty), it appointed new folks, in the persons of Gerard Arpey (CEO) and Edward Brennan (Chairman). They're sensitive to the issue of executive pay.

Arpey, for instance, already took a 14% cut, to a half-million dollars a year (base). He has also eschewed additional pay, this year, partly thanks to a federal law that meddles with such compensation plans.

Brennan is serving as Chairman for free. He is, however, going to receive his "honorarium" for being on the Board. Last year, that amounted to about $37,000.

FMI: www.amrcorp.com

Advertisement

More News

Airborne 06.30.25: US v ADS-B Misuse, Nat’l STOL Fire, Volocopter Resumes

Also: Netherlands Donates 18 F16s, 2 737s Collide On Ramp, E-7 Wedgetail Cut, AgEagle's 100th In S Korea The Pilot and Aircraft Privacy Act was introduced in the House by Represent>[...]

NTSB Prelim: Piper PA-23

Pilot Also Reported That Due To A Fuel Leak, The Auxiliary Fuel Tanks Were Not Used On June 4, 2025, at 13:41 eastern daylight time, a Piper PA-23, N2109P, was substantially damage>[...]

ANN FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

Classic Aero-TV: One Man’s Vietnam

From 2023 (YouTube Edition): Reflections on War’s Collective Lessons and Cyclical Nature The exigencies of war ought be colorblind. Inane social-constructs the likes of racis>[...]

Klyde Morris (06.30.25)

What Goes Around, May Yet Come Back Around, Klyde FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC