Articles tagged “tom horton”

Airlines

American Airlines CEO Tom Horton Sends Thank You Note to Employees

Tom Horton may be losing reigns of the world's largest airline, but he's walking away with the knowledge that he helped seal an industry-shaking deal and that a plump severance package awaits.

American Airlines CEO Tom Horton Sends Thank You Note to Employees

Airlines

American Airlines CEO’s $20 million severance opposed by U.S. government

The U.S. trustee raised objections to Horton's severance earlier so this is not a complete surprise. Still, the issue of the American Airlines CEO's golden parachute may become a little more pesky than initially envisioned. Maybe he'll have to take a discount.

Airlines

American Airlines records modest profit in countdown to merger

One can expect some real profits from the new American once the merger goes through in light of continued this airline consolidation, and all the costs American is shedding through the bankruptcy process.

Airlines

The only parachutes on U.S. airlines are golden: Big exit packages at the top

It is difficult to stomach giving $20 million to a CEO of an airline in bankruptcy, a company that resisted a merger and has been bleeding losses over the last few years.

The only parachutes on U.S. airlines are golden: Big exit packages at the top

Airlines

The new American Airlines: How Doug Parker beat out Tom Horton for CEO

We don’t need to know what every stakeholder ate at merger meetings to see how Parker’s gall wrangling the AA unions together helped seal the deal before ever approaching Horton.

The new American Airlines: How Doug Parker beat out Tom Horton for CEO

Airlines

Departing American CEO Horton to get $20 million as part of merger

"Reasonable and appropriate" is what $20 million buys you in severance.

Departing American CEO Horton to get $20 million as part of merger

Airlines

Horton: Parker and US Airways had strong feelings about a merger

The two airlines will start their transition planning and assembling integration teams, but the heavy lifting can't begin until the fourth quarter of 2013.

Horton: Parker and US Airways had strong feelings about a merger

Airlines

American Airlines-US Airways merger: Why Doug Parker will be CEO

Parker has clearly proven his qualifications to lead an American Airlines-US Airways merger, while Richard Anderson at Delta is poised to be the biggest winner.

American Airlines-US Airways merger: Why Doug Parker will be CEO