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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Thursday, March 22, 2007
Northwest Airlines Corp (NWACQ) flight attendants objected Monday to the company's failure to disclose how much its executives and directors would be paid when the company emerges from bankruptcy protection later this year. Northwest's latest filings detailed its reorganization plan but left out the part about executive compensation, which it plans to file at a later date. The flight attendants union argued in a bankruptcy court filing on Monday that it's impossible to evaluate the reoganization plan without knowing how much executives and irectors would be paid and how they would be selected. They argued that cuts imposed on them came with the understanding that management would sacrifice too - which remains to be seen...

Thursday, March 22, 2007 4:43:34 AM UTC  #    Comments [0]  |  Trackback
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