4

"Beyond Belief": Transport Workers Union Furious Over Gerard Arpey's $5.2 Mil

^
Keep Dallas Observer Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.

As you're no doubt aware, American Airlines' flight attendants and service workers have long been at odds with the Fort Worth-based carrier over new contracts, leading to an endless parade of protests -- including ones at Dallas-Fort Worth International during Super Bowl week and one on Wednesday at JFK in New York. This won't help: In a proxy statement filed yesterday with the Securities and Exchange Commission, parent company revealed that CEO Gerard Arpey pocketed more than $5.2 million in compensation last year. As the Associated Press notes today, "The increase came during a year in which AMR lost $471 million and was the only major U.S. airline company to lose money."

Hence the statement that just landed in the Unfair Park in-box from Garry Drummond, Director of the Air Transport Division of the Transport Workers Union of America. Long story short: You want protests, American? You got 'em.

It's almost beyond belief and certainly shameless that Arpey's compensation grew 11 percent over the previous year and AMR President Tom Horton saw an increase of 45 percent. Along with their announcement yesterday, AMR's leadership should have stuck a red-hot poker in the eye of every employee, it would have had the same effect as this proxy statement.

Our members sacrificed to keep this airline out of bankruptcy eight years ago, we have boosted productivity and brought in new revenue, yet only the top managers receive rewards. I could use a lot of four letter words to describe what our members think of this behavior, to be civil, let me use five letters, this is G-R-E-E-D.

It is very telling that the company released the proxy at night, the evening before what is a long weekend for many. Despite their every attempt to hide, we will shine a spotlight on this and we will continue to fight for fairness and economic justice for everyone at American and American Eagle. Expect to see protests from our members across the country.

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the Observer community and help support independent local journalism in Dallas.

 

Join the Observer community and help support independent local journalism in Dallas.