Friday, February 15, 2013

AMR Chairman and CEO Tim Horton to Receive Almost $20M in Compensation and Lifetime Flight Privileges

The Dallas News Aviation Blog, which has brilliant coverage of the merger of AA and US has published a letter with the terms of AMR chairman and CEO Tom Horton's departure from American Airlines when the merger is complete.

The letter details that he will make almost $20 million upon leaving, half in stock and half in cash. The other interesting thing is he will have staff at his disposal for the two years right after he leaves and he will continue to have lifetime flight and other privileges.

Maybe I need to change careers...


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