27 March 2007

Tilton's Treasure

"UAL CEO Paid $39.7M in 2006"

Good morning fellow former/current United Airlines employees! Have you had your slap in the face yet? If not and you're not feeling like some piece of crap stuck in the tread of someone's boot yet today, take a look at the news about Glenn Tilton's compensation for last year.

Sure, a lot of it is stock and other stuff you can't exactly withdraw from an ATM. But the base salary ($687,083) seems to be sufficient to me. It should be enough for a very comfortable life.

If UA can afford to shower Tilton with an excess of stock option riches, it can afford to pay back the rest of us for what we lost in the ESOP debacle.

http://biz.yahoo.com/ap/070326/united_executive_compensation.html?.v=1

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