"Beyond Belief": Transport Workers Union Furious Over Gerard Arpey's $5.2 Mil
|AMR CEO Gerard Arpey|
Hence the statement that just landed in the Unfair Park in-box from Garry Drummond, Director of the Air Transport Division of the Transport Workers Union of America. Long story short: You want protests, American? You got 'em.
It's almost beyond belief and certainly shameless that Arpey's compensation grew 11 percent over the previous year and AMR President Tom Horton saw an increase of 45 percent. Along with their announcement yesterday, AMR's leadership should have stuck a red-hot poker in the eye of every employee, it would have had the same effect as this proxy statement.
Our members sacrificed to keep this airline out of bankruptcy eight years ago, we have boosted productivity and brought in new revenue, yet only the top managers receive rewards. I could use a lot of four letter words to describe what our members think of this behavior, to be civil, let me use five letters, this is G-R-E-E-D.
It is very telling that the company released the proxy at night, the evening before what is a long weekend for many. Despite their every attempt to hide, we will shine a spotlight on this and we will continue to fight for fairness and economic justice for everyone at American and American Eagle. Expect to see protests from our members across the country.