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Old 06-13-2012, 07:14 PM
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Angry UAL Board Of Directors

Jeff is not the only one who we are battling with. These are the rest of his "team". The amounts in red are their board salaries with position salaries listed for Jeff and Glen also. Think they waited 3+ years for their salaries and stock? Do you think they see June 15th as anything other than an ordinary day? I hope JH vomits after each and every board meeting he's "allowed" to attend.




1. Carolyn Corvi

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $102,500
Stock awards $80,000
All other compensation $971

Total Compensation $183,471

Stock Ownership for 2010
Number of shares owned 3,476


2. Jane C. Garvey

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $97,500
Stock awards $80,000
All other compensation $6,509

Total Compensation $184,009


3. Walter Isaacson

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $97,500
Stock awards $80,000
All other compensation $26,636

Total Compensation $204,136

Stock Ownership for 2006
Number of shares owned 10,000


4. Henry L. Meyer III

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $102,500
Stock awards $80,000
All other compensation $9,048

Total Compensation $191,548

Stock Ownership for 2010
Number of shares owned 7,676


5. Oscar Munoz

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $107,500
Stock awards $80,000
All other compensation $35,608

Total Compensation $223,108

Stock Ownership for 2010
Number of shares owned 4,526


6. Laurence E. Simmons

No Information present


7. David J. Vitale

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $112,500
Stock awards $80,000
All other compensation $24,188

Total Compensation $216,688

Stock Ownership for 2006
Number of shares owned 10,000


8. John H. Walker

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $95,000
Stock awards $80,000
All other compensation $10,403

Total Compensation $185,403

Stock Ownership for 2006
Number of shares owned 6,000


9. Charles A. Yamarone

United Continental Holdings Inc
Director Compensation for 2011
Fees earned or paid in cash $102,500
Stock awards $80,000
All other compensation $6,398

Total Compensation $188,898

Stock Ownership for 2010
Number of shares owned 4,264


10. Glenn F. Tilton

United Continental Holdings Inc
Compensation for 2010
Salary $822,999
Bonus $2,734,375
Restricted stock awards $10,450,585
All other compensation $1,756,268
Option awards $0
Non-equity incentive plan compensation $1,079,799
Change in pension value and nonqualified deferred compensation earnings $0

Total Compensation $16,844,026

Director Compensation for 2011
Fees earned or paid in cash $702,500
Stock awards $230,000
All other compensation $109,110

Total Compensation $1,041,610

Options Exercised for 2010
Number of securities underlying options exercisable 164,400
Shares acquired on exercise 133,333

Stock Ownership for 2012
Number of shares owned 467,768


11. Jeffery A. Smisek

United Continental Holdings Inc
Compensation for 2011
Salary $975,000
Bonus $0
Restricted stock awards $7,530,415
All other compensation $454,918
Option awards $0
Non-equity incentive plan compensation $4,413,750
Change in pension value and nonqualified deferred compensation earnings $1,326,749

Total Compensation $14,700,832

Stock Ownership for 2012
Number of shares owned 283,584
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Old 06-13-2012, 08:13 PM
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What's your point?
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Old 06-13-2012, 09:26 PM
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Originally Posted by SpecialTracking
What's your point?
They got theirs,
Where is ours !!!
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Old 06-14-2012, 03:51 AM
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Originally Posted by EDC757
They got theirs,
Where is ours !!!
THEY (according to many), DESERVE it, and we don't. THEY are the ones who make this company work, and we are just peons who know nothing. Our country has turned into one that believes the rich should have more and the poor should have less, and unfortunately, we have a LOT of pilots that support that thinking. Anything that would mean the employees "get something" is seen by the board as "cutting into profits", but anything they get is a "perk" and comes with the title and in no way affects the bottom line, but HELPS it. I have news for them, they are ALL doing one heck of a crappy job. Yep, they walk to the bank every day laughing at how WE do the work, and THEY get paid for it. Tilton doesn't even work here and the board bestowed a $600,000 a year salary for him...............incredible, absolutely incredible.
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Old 06-14-2012, 04:04 AM
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Originally Posted by ewrbasedpilot
THEY (according to many), DESERVE it, and we don't. THEY are the ones who make this company work, and we are just peons who know nothing. Our country has turned into one that believes the rich should have more and the poor should have less, and unfortunately, we have a LOT of pilots that support that thinking. Anything that would mean the employees "get something" is seen by the board as "cutting into profits", but anything they get is a "perk" and comes with the title and in no way affects the bottom line, but HELPS it. I have news for them, they are ALL doing one heck of a crappy job. Yep, they walk to the bank every day laughing at how WE do the work, and THEY get paid for it. Tilton doesn't even work here and the board bestowed a $600,000 a year salary for him...............incredible, absolutely incredible.
The market determines everything...top to bottom, bottom to top.
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Old 06-14-2012, 04:09 AM
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Originally Posted by Old UCAL CA
The market determines everything...top to bottom, bottom to top.
Not a UCAL guy, but the average airline CEO earns $3.5M annually. Our DAL CEO, Richard Anderson, earned about $9M last year for a similar-sized airline as UCAL. The unique thing about a BOD is that they choose what their compensation is...the only check on their greed is the shareholders.
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Old 06-14-2012, 04:11 AM
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Originally Posted by SpecialTracking
What's your point?

You just made it.
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Old 06-14-2012, 05:00 AM
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Originally Posted by EWR73FO
You just made it.
It was sarcasm. It's quite evident what is going on. The problem is, those with the power to affect change have already been corrupted by the process.
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Old 06-14-2012, 05:07 AM
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Originally Posted by Old UCAL CA
The market determines everything...top to bottom, bottom to top.
Do you think that executive pay and BOD governance resembles anything close to a competitive market? They are in the club that determines each others pay. Does the monicker crony capitalism ring a bell?
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Old 06-14-2012, 06:49 AM
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Originally Posted by SpecialTracking
It was sarcasm. It's quite evident what is going on. The problem is, those with the power to affect change have already been corrupted by the process.
Emoticon, man, emoticon.
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