Montie 5 million richer

[chatman]

Rumor is Montie Brewer walked away with 5 million smackers. Not bad for a severance.

[teacher]

On a similar note, where would one find the executive compensation for the AC management? Out of the 1 billion lost (or 200 million in actual operation losses) I wonder how much could be "saved" in the uppers taking a pay cut of there own?

[Herc_Driver]

.... where would one find the executive compensation for the AC management?

As a publicly traded company it is open source info on the web.
Try this link at Reuters .........

http://www.reuters.com/finance/stocks/c ... Officers-5

[chatman]

"All totaled, Robert Milton - president and CEO of ACE Aviation Holdings (Air Canada's parent company) - was paid $43 million dollars in 2007, while Montie Brewer, president and CEO of Air Canada, got $8 million.

[North Shore]

When the revolution happens (again) those fuc!ers should be somewhere near the head of the guillotine queue! How the heck can you oversee a company into CCAA (perhaps twice), divest it of most of its assets and endanger loyal (20, 25, 30+ year) employees' pensions and have the chutzpah to claim millions in compensation for doing so? WTF?

[Glen Quagmire]

They do it because we let them do it, it's perfectly legal and completely immoral. Legality trumps everything apart from maybe populist anger combined with government embarassment (i.e AIG).

[C-FABH]

I'd take that job for considerably less.

Still waiting for that phone call, David!

[twinpratts]

"All totaled, Robert Milton - president and CEO of ACE Aviation Holdings (Air Canada's parent company) - was paid $43 million dollars in 2007...

WTF, Over!

[Mig29]

in some countries you would go to jail for this, but here in the west people get away with this sort of a thing....but mortals like us will sit in the can for few years if we ripped a bank for a few grand!!

Revolution.....I like that, my dad keeps talking about it every day:)