Something big happening at Southwest...
- Thread starter ChasenSFO
- Start date
Minuteman
I HAVE STRONG OPINIONS ABOUT AUTOMOTIVE LIGHTING!
“Many pundits predicted that Southwest’s epic 17,000 cancelled-flight, $825 million [Christmas 2022] meltdown would serve as a lasting example of tech neglect’s severe consequences to boards and C-suites.
That’s quickly proven to be untrue.
There were no executive ousters and little change to Southwest’s board.
CEO Bob Jordan was spared the spectacle of congressional testimony, as COO Andrew Watterson appeared before the U.S. Senate Commerce Committee to offer the airline’s pro-forma mea culpas.
Most interestingly, speaking unscripted to the press during a testimony break, Watterson pledged, “Executive bonuses for 2022 will be reduced because of this.”
Ultimately that wasn’t his decision. Southwest’s recent SEC filings show that Jordan’s overall compensation increased by 75% to $5.3 million last year. While the bump can be partially attributed to his 2022 promotion, notably, his cash bonus jumped 89%.”
That’s quickly proven to be untrue.
There were no executive ousters and little change to Southwest’s board.
CEO Bob Jordan was spared the spectacle of congressional testimony, as COO Andrew Watterson appeared before the U.S. Senate Commerce Committee to offer the airline’s pro-forma mea culpas.
Most interestingly, speaking unscripted to the press during a testimony break, Watterson pledged, “Executive bonuses for 2022 will be reduced because of this.”
Ultimately that wasn’t his decision. Southwest’s recent SEC filings show that Jordan’s overall compensation increased by 75% to $5.3 million last year. While the bump can be partially attributed to his 2022 promotion, notably, his cash bonus jumped 89%.”
Skåning
Well-Known Member
poser765
Well-Known Member
Just hang in there. Big news Friday.Big announcement next Friday!!!! IYKYK (yes you got the day right)
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I heard SWA is being acquired by JSX. Sadly there will be a fence on the lists so no bidding over to the 145.
Skåning
Well-Known Member
Excellent trolling! Golf clap
ACN took the bait…
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killbilly
Vocals, Lyrics, Triangle, Washboard, Kittens
Have to admit: I’ve got strong Schadenfreude over seeing ACN flopping around in the boat….
jtrain609
Antisocial Monster
I think this is the best troll since Ho Lee •.
killbilly
Vocals, Lyrics, Triangle, Washboard, Kittens
I mean it couldn’t happen to a nicer group of Pretend Journalists.
They posted it on LinkedIn too..that makes it even more comical
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Me, whenever AeroCrew News says “BREAKING NEWS” on Facebook, about ten times per day:
mattc206
Well-Known Member
The TMZ of aviation news for sure
ERfly
Well-Known Member
And in other news, rain is wet.
ACN took the bait…
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killbilly
Vocals, Lyrics, Triangle, Washboard, Kittens
I mean, technically rain makes things wet…
Autothrust Blue
Welcome aboard the Washington State Ferries
I love seeing them get cucked.
ERfly
Well-Known Member
My best and brightest coworkers (aka loudmouths with internet access) take it as gospel.