AMR board is meeting today 4/23

[AAStew]

Mikey,
Everyone is caught between a rock and a hard place here. Mr. Carty could do two honorable things here.
1. Rescind the SERPS.
2. Hand in his resignation.
If you read all the articles written this week, that is what most consultants are calling on AMR to do.
Personally, I think the entire company needs to be restructured. ALL of these Execs knew about this SERP (Jane Allen included).
Not one ever brought it out into the open. I know we can't get rid of all of them, but this company mentality has got to go, it does not work! And on a lighter note wouldn't our AAFLTSVC website look much more attractive withour HER picture on it? Man she is scary! Meow.....

 

[wts54]

from dallas morning news


Some AMR Corp. directors are considering replacing chairman and chief executive Donald Carty in an attempt to salvage the company''s concessions agreements with its three unions and keep it out of bankruptcy, according to a person familiar with the board''s thinking.

 

[Airline Crew Sched]

I doubt they will ask for his resignantio...but i fear that is the onl;y way to stop us from going into BK....

 

[FA Mikey]

They deny that a motion to replace Don Carty is on the agenda.

 

I have to agree on that picture of JA, FUGLY!!!!!!!!!!!!!!!!!!!

 

goodmorning ACS, good to have you in the forum this morning

 

I''m just doing what everyone else is doing!!!!!!!

 

Hey one thing clear, I am a lover of FA's(females only plz), but a hater of the APFA

 

[WingNaPrayer]

AMR directors mulling ouster of CEO Carty - report


DALLAS (AFX) - Some AMR Corp(NYSE:AMR) directors are considering replacing chairman and chief executive Donald Carty in an attempt to salvage the company's concession agreements with its three unions and keep it out of bankruptcy, the Dallas Morning News reported, citing an unnamed source close to the board.
The report said there is no formal motion before the 12-member board to fire Carty, but his fate probably will be discussed today during a morning conference call among the directors and will be the main issue at a meeting tomorrow in Dallas.
"It's the first sign of displeasure among board members with Carty's tardy disclosures of executive-retention packages at the parent of American Airlines," the report said.
"American employees learned of the perks just hours after they finished voting on 1.62 bln usd worth of pay and benefits cuts," the report said.
The report quoted the source as saying that several board members feel that they were misled by repeated assurances from Carty, who is also a board member, that labor leaders had been briefed about the retention bonuses and protected pension fund.
"Some members of the board felt as betrayed as labor union members," the source said. "The board was told by the CEO that labor was fully informed of the details."
The report said some directors believe they must replace Carty with someone who can rebuild trust with union leaders to avert bankruptcy.

 

[AAStew]

Hey Ford,
At least we agree on one thing, but that is the best one I have seen of her.

 

[BillLumbergh]

AMR board may be considering replacing Carty-paper

 

[Checking it Out]

Here is an email address for one of the Board Members at AA.
David Boren [email protected]

Does anyone have contact info on the others?

Would like to voice my opinion about the demise we are in.

 

[WingNaPrayer]

The news is now reporting the possibility of joint command between Crandall/Arpey. Crandall denies any of it and has emphatically stated that he would NOT take the CEO position under any terms, but would be available to assist (consult) with any transition and restructuring.

The speculation is running rampant!

 

[WingNaPrayer]

----------------
On 4/23/2003 10:07:22 AM Checking it Out wrote:


Here is an email address for one of the Board Members at AA.
David Boren [email protected]

Does anyone have contact info on the others?

Would like to voice my opinion about the demise we are in.



----------------

Here you go, and best of luck. Email addresses may not be current.


[SIZE= 10pt]BOARD OF DIRECTORS[/SIZE][SIZE= 10pt] [/SIZE]




[SIZE= 10pt]John W. Bachmann
Managing Partner
Edward Jones
(Financial Services)
St. Louis, Missouri[/SIZE]
[email protected][color=" black"][/color]

[SIZE= 10pt]David L. Boren
President
University of Oklahoma
(Educational Institution)
Norman, Oklahoma[/SIZE]
[SIZE= 9pt][email protected][/SIZE][color=" black"][/color]

[SIZE= 10pt]Edward A. Brennan
Retired Chairman, President
and Chief Executive Officer
Sears, Roebuck and Co.
(Merchandising)
Chicago, Illinois[/SIZE]
[SIZE= 10pt]Email: None[/SIZE][color=" black"][/color]


[SIZE= 10pt]Donald J. Carty
Chairman and
Chief Executive Officer
AMR Corporation/American Airlines, Inc.
(Air Transportation)
Fort Worth, Texas[/SIZE]
[email protected][SIZE= 12pt][/SIZE]

[SIZE= 10pt]Armando M. Codina
Chairman and Chief Executive Officer
Codina Group, Inc.
(Real Estate Investments,
Development and Construction,
Property Management
and Brokerage Services)
Coral Gables, Florida[/SIZE]
[email protected]
[email protected][SIZE= 12pt][/SIZE]

[SIZE= 10pt]Earl G. Graves
Chairman and Chief Executive Officer
Earl G. Graves, Limited
(New York, New York)[/SIZE]
[email protected]
[SIZE= 7.5pt](212) 242-8000[/SIZE]
[SIZE= 10pt][email protected][/SIZE][SIZE= 10pt][/SIZE]


[SIZE= 10pt]Ann McLaughlin Korologos
Chairman Emeritus
The Aspen Institute
(Educational and Public Policy Organization)
Aspen, Colorado [/SIZE]
[email protected][color=" black"][/color]

[SIZE= 10pt]Michael A. Miles
Special Limited Partner
Forstmann Little & Co.
(Investment Banking)
New York, New York[/SIZE]
[email protected][color=" black"][/color]

[SIZE= 10pt]Philip J. Purcell
Chairman and Chief Executive Officer
Morgan Stanley Dean Witter & Co.
(Financial Services)
New York, New York[/SIZE]
[email protected][color=" black"][/color]


[SIZE= 10pt]Joe M. Rodgers
Chairman
The JMR Group
(Investment Company)
Nashville, Tennessee[/SIZE]
[SIZE= 10pt][email protected][/SIZE][color=" black"][/color]

[SIZE= 10pt]Judith Rodin
President
University of Pennsylvania
(Educational Institution)
Philadelphia, Pennsylvania[/SIZE]
[email protected]
[color=" black"][/color]

[SIZE= 10pt]Roger Staubach
Chairman and Chief Executive Officer
The Staubach Group
(Real Estate Services)
Addison, Texas[/SIZE]
[email protected][color=" black"][/color]

 

[WingNaPrayer]

Send it to Carty, I''m sure he''ll be thrilled to forward to the board for you