BA suspends MAX production

[goldeneagle]

CEO canned this morning. Some reports say 'resigned', others say 'fired'.

[losercruiser]

They'll just use this as the fall person. He made mistakes in not grounding the aircraft or taking responsibility as a company, but the decision to build the Max and the issues when it was being designed fall on his predecessor McNerny.

They put another bean counter in charge, and I'm sure it's so they can cut and slash to get the share price growing more for the shareholders. I don't think they've learned anything.

[corethatthermal]

Someone that high up ( whether CEO or politician ) rarely gets "fired" but is given the option to "resign" it looks better and the folks get to retain more after job perks !! Old boys club from beginning to end ! Like most shareholder paid for and bought puppets, his LAST concern ( if ever) was for passenger safety and we now have all the proof necessary to back up my assertion

[corethatthermal]

Everyone and his pet dog knows that the board "asked Mull to step down". Mull accepted and "resigned" ! Is there anyone stupid enough on avcanada to not understand that he was fired?

[goingnowherefast]

There were two options:

BOD: plesase resign, we'll give you a bunch of money, everybody gets to use nice words and save face
CEO: okay
BOD: here's a fancy stock package

BOD: plesase resign, we'll give you a bunch of money, everybody gets to use nice words and save face
CEO: no, I want to keep my job
BOD: your fired, no money, use mean words in press release and ruin his reputation
CEO: breach of contract, character defamation, see you in court
lawyers: yay! at least we're getting paid.

[pilotbzh]

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