Articles tagged “bethune”

United’s Dissident Stockholders Say Board Is Misleading Stakeholders

United’s Dissident Stockholders Say Board Is Misleading Stakeholders

Dennis Schaal, Skift

The dissident shareholders at United are facing an uphill battle in their proxy fight as CEO Oscar Munoz has garnered a great deal of support from United's unions/employees. The hedge funds claim, though, that they support Munoz and only want to equip him to do a better job by putting in place a more experienced board.

3 years ago

United Pilots Call Insurgent Bethune Board Nomination a Diversionary Tactic

United Pilots Call Insurgent Bethune Board Nomination a Diversionary Tactic

Michael Sasso, Bloomberg

United's pilots express goodwill for former Continental CEO Gordon Bethune although they do point out he "handpicked" Jeff Smisek and thus allege Bethune bears some responsibility for United's woes. Although the hedge fund dissidents pledge to keep new CEO Oscar Munoz, the pilots claim the dissidents will get in Munoz's way.

3 years ago

United Proxy Fight Waged by Online Travel Veterans, Ex-Continental CEO

United Proxy Fight Waged by Online Travel Veterans, Ex-Continental CEO

Dennis Schaal, Skift

United's lack of leadership on its board, as well as a shallow executive bench, was an issue before former CEO Jeff Smisek was forced out in October. Outside of Munoz' appointment to the CEO position, that picture hasn't changed since then.

4 years ago