BA suspends MAX production
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Re: BA suspends MAX production
CEO canned this morning. Some reports say 'resigned', others say 'fired'.
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Re: BA suspends MAX production
They'll just use this as the fall person. He made mistakes in not grounding the aircraft or taking responsibility as a company, but the decision to build the Max and the issues when it was being designed fall on his predecessor McNerny.
They put another bean counter in charge, and I'm sure it's so they can cut and slash to get the share price growing more for the shareholders. I don't think they've learned anything.
They put another bean counter in charge, and I'm sure it's so they can cut and slash to get the share price growing more for the shareholders. I don't think they've learned anything.
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Re: BA suspends MAX production
Someone that high up ( whether CEO or politician ) rarely gets "fired" but is given the option to "resign" it looks better and the folks get to retain more after job perks !! Old boys club from beginning to end ! Like most shareholder paid for and bought puppets, his LAST concern ( if ever) was for passenger safety and we now have all the proof necessary to back up my assertion
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Re: BA suspends MAX production
Everyone and his pet dog knows that the board "asked Mull to step down". Mull accepted and "resigned" ! Is there anyone stupid enough on avcanada to not understand that he was fired?
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Re: BA suspends MAX production
There were two options:
BOD: plesase resign, we'll give you a bunch of money, everybody gets to use nice words and save face
CEO: okay
BOD: here's a fancy stock package
BOD: plesase resign, we'll give you a bunch of money, everybody gets to use nice words and save face
CEO: no, I want to keep my job
BOD: your fired, no money, use mean words in press release and ruin his reputation
CEO: breach of contract, character defamation, see you in court
lawyers: yay! at least we're getting paid.
BOD: plesase resign, we'll give you a bunch of money, everybody gets to use nice words and save face
CEO: okay
BOD: here's a fancy stock package
BOD: plesase resign, we'll give you a bunch of money, everybody gets to use nice words and save face
CEO: no, I want to keep my job
BOD: your fired, no money, use mean words in press release and ruin his reputation
CEO: breach of contract, character defamation, see you in court
lawyers: yay! at least we're getting paid.