CEO Tilton is Back for Another 5 Years

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Sep29

CEO Tilton is Back for Another 5 Years

Rob Willers

September 29, 2006

Know More:

I am sure that many United Airlines employees can not be happy about this. Their parent company UAL Corp., has extended their CEO's contract for another 5 years out to the year 2011.

Glenn Tilton joined the airline as the CEO just months before they filed for bankruptcy protection in December of 2002. He has seen them through the entire process and saw them exit in February 2006. While seeing United through the bankruptcy process he has in-turned slashed salaries and benefits for the employees.

060201_tilton_hmed_7a.hmedium2.jpg

He continues to stir up rumors by talking about consolidation in the industry. Most recently he has stirred up rumors of merger talk when he was questioned in about the industry.

Tilton has turned around the company by marketing United Airlines as a premium economy airline but at what cost? Are the employees going to be happy about this? Let me know what you think. Do you work for United and have an opinion that you want to share. I personally think that he has done good for the airline and really bad for it too.

Reuters.com

If you want to share your opinon with me personally, my email is rob@theairlinehub.com

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