Surprised to not see this already going (Mods please merge if I missed it)
http://www.chicagobusiness.com/artic...smiseks-pay-35
Smisek should be on the same plank the jcp CEO Was jettisoned. You simply cannot misread your customer and execute a fail strategy without being shoved over the edge into shark infested waters. UA catered to type A personalities willing to pay F. From my view, 35% is too little for a CEO whose target is to transform the free world's formerly largest airline into a below grade also-ran like CO.
Frankly I hope the Compensation committee put him and the other buffoons from CO on notice.
Absolutely amazing to me how much cost they have taken out and they still are racking up recurring special charges to hide the loses in the new business model
http://www.chicagobusiness.com/artic...smiseks-pay-35
Smisek should be on the same plank the jcp CEO Was jettisoned. You simply cannot misread your customer and execute a fail strategy without being shoved over the edge into shark infested waters. UA catered to type A personalities willing to pay F. From my view, 35% is too little for a CEO whose target is to transform the free world's formerly largest airline into a below grade also-ran like CO.
Frankly I hope the Compensation committee put him and the other buffoons from CO on notice.
Absolutely amazing to me how much cost they have taken out and they still are racking up recurring special charges to hide the loses in the new business model